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DARAG completes first Bermuda acquisition
08 March 2021
Bermuda Reporter Maria Ward-Brennan

DARAG has acquired SunPoint Holdings, which offers reinsurance and run-off solutions to US and Bermuda insurers

RiverStone Europe completes RITC transaction with Hamilton Managing Agency
05 March 2021
UK Reporter Maria Ward-Brennan

RiverStone Europe has completed a reinsurance-to-close transaction of the legacy liabilities of the 2018 and prior years of account of Syndicate 4000, managed by Hamilton Managing Agency, a wholly-owned subsidiary of Hamilton Insurance Group

RMC Group recruits Jessica George
05 March 2021
Florida Reporter Maria Ward-Brennan

Jessica George has joined RMC Group as a commercial lines account executive

Denise Williamee joins Steel City Re
05 March 2021
Pennsylvania Reporter Maria Ward-Brennan

Steel City Re, a provider of parametric reputation risk insurances and advisory services, has appointed Denise Williamee as vice president of corporate services, where she heads client relations and education for integrated reputation groups

SIIA names Jerry Messick chairman of captive committee for 2021
04 March 2021
Washington DC Reporter Maria Ward-Brennan

Jerry Messick, CEO of Elevate Risk Solutions, has been named chairman of the Self Insured Institute of America captive committee for 2021

Higginbotham partners with Louisiana insurance broker
04 March 2021
Louisiana Reporter Maria Ward-Brennan

Higginbotham, an independent insurance and financial services firm, has partnered with Mike Knotts, an insurance agency owner and broker in Bossier City, Louisiana

John McElroy joins Aon Reinsurance Solutions
04 March 2021
Bermuda Reporter Maria Ward-Brennan

Aon has hired John McElroy to join its Bermuda operations of reinsurance solutions

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Latest issue 278
Issue archive
Inside this issue

In this issue of Captive Insurance Times, Karl Loomes sits down with Jason Stevenson, director at ALT/r Consulting, to discuss the role of an independent consultancy and how to advise clients interested in captives.

As digital assets gain traction, the Bermuda Monetary Authority has adapted its regulatory framework, creating new opportunities for captive insurers in this evolving space.

Elsewhere, Diana Bui talks to Diana Hardy and Bailey Roese, co-chairs of CICA’s NEXTGen initiative, about strategies for attracting more young talent to the captive insurance industry.

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Interviews
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John Michael Alexander and Ryan Basnett
South Carolina Department of Insurance

John Michael Alexander and Ryan Basnett from the South Carolina Department of Insurance explain the competitive advantages for small and medium-sized businesses when choosing South Carolina as the domicile to establish their captives

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Fenhua Liu
Connecticut Insurance Department

Connecticut Insurance Department’s Fenhua Liu talks about the upcoming CT Captive Insurance Forum and the plans to accelerate the captive growth in the State

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Waqqas Asghar
RH CPAs

Waqqas Asghar, audit director at RH CPAs, speaks to John Savage about harnessing captives to optimise financial benefits during mergers and acquisitions and initial public offerings

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Jacqueline Quintal
Marsh

Jacqueline Quintal, managing director in Financial Institutions Group at Marsh, sheds light on the use of digital assets in the captive insurance space

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Features
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Mastering risks through captive insurance

Tibor Boettcher, CEO and executive director of Volkswagen Insurance Company, shares with Diana Bui how the captive plays a crucial role in the automotive giant’s risk management strategy

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No fate but what captives make

The rise of AI has been swift, but must captive insurance accept the technology as an inevitability and adapt, or resist?

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Partnerships shaping Connecticut’s captives

Leaders from key organisations share insights on regulatory support, economic impact, and the evolving role of InsurTech in the captive market

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Domicile profiles
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Barbados

Carmel L. Haynes, executive director at Barbados International Business Association, highlights the significance of the upcoming Barbados Risk & Insurance Management 2025 Conference in fostering innovative solutions and global collaboration in the industry

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Europe

Experts from AM Best delve into transformative trends in European captive insurance market, outlined in their latest report ‘New Domiciles Are Changing the Landscape for the European Captive Insurance Segment’

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Hong Kong

The success of Hong Kong’s current cohort of captives is spurring the jurisdiction’s leaders and regulators into action in a bid to encourage local and Chinese companies to follow suit

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Delaware

Delaware’s rise as a key player in captive space is no accident, with its robust regulatory framework, strategic location, and commitment to responsive service making it a top choice for businesses

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