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Lottery and gaming fintech establishes captive
22 February 2021
BVI Reporter Maria Ward-Brennan

DoubleJack, a fintech company with its own lottery and gaming platform powered by DJACK, the Tron-based utility token, aims to establish a captive insurance company for all its providers

RISCS relocates client’s cell and converts to full captive
19 February 2021
UK Reporter Maria Ward-Brennan

A European domiciled cell captive has successfully relocated to a US domicile and converted into a full captive, according to Oliver Schofield of Risk and Insurance Strategy Consultants

Cayman Islands sees largest increase in formations since 2017
19 February 2021
Cayman Islands Reporter Maria Ward-Brennan

The Cayman Islands Monetary Authority has revealed it welcomed 36 new insurance formations in 2020, marking the largest annual increase since 2017

Utah proposes ‘significant’ changes to captive legislation
18 February 2021
Utah Reporter Maria Ward-Brennan

Utah has introduced a bill which will amend the insurance code, including “significant” changes for captive insurance to ensure the state remains competitive

EU approves Cinven and Raffles acquisition of Miller
18 February 2021
UK Reporter Maria Ward-Brennan

The European Commission has approved Cinven Capital Management and Raffles Private Holdings acquisition of Miller Insurance Services

Artex Risk Solutions promotes Ryan Santacrose
18 February 2021
Illinois Reporter Maria Ward-Brennan

Artex Risk Solutions has promoted Ryan Santacrose as assistant vice president, business development

BlueStone Advisors hires Michael Hansen as it expands its employee benefits division
17 February 2021
Illinois Reporter Maria Ward-Brennan

BlueStone Advisors, an independent insurance brokerage firm, has appointed Michael Hansen as vice president in the employee benefits division

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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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