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AGCS makes promotions to its UK financial lines team
26 January 2021
UK Reporter Maria Ward-Brennan

AGCS has appointed Hannah Tindal, Martin Stewart, James McGuire and Michela Moro to its financial lines business in the company’s regional unit London and Nordics team, covering the UK, Ireland, Nordic countries and the Middle East

Hawaii licenses 21 new captives in 2020
26 January 2021
Hawaii Reporter Maria Ward-Brennan

The Hawaii Department of Commerce and Consumer Affairs has revealed the domicile licensed 21 new captive insurance companies in 2020

GEB launches digital tool for multinational companies and insurance intermediaries
26 January 2021
Luxembourg Reporter Maria Ward-Brennan

Generali Employee Benefits Network has launched an online tool to help multinational companies and insurance intermediaries to address the traditional complexities of benefit plans for mobile and expatriate employees

Beazley partners with Polecat Intelligence to enhance its reputational risk policy
25 January 2021
UK Reporter Maria Ward-Brennan

Beazley partners with Polecat Intelligence to enhance its reputational risk policy by providing artificial intelligence-enabled tools to help policyholders control their corporate brand and reputation more effectively

Luxembourg ends 2020 with 199 reinsurance companies
25 January 2021
Luxembourg Reporter Maria Ward-Brennan

Luxembourg ended 2020 with 199 reinsurance companies, according to Commissariat Aux Assurances

WTW: businesses concerned over losses due to reputational risk
22 January 2021
UK Reporter Maria Ward-Brennan

Some 86 per cent of Willis Towers Watson clients are concerned about loss of income and a reduced customer base due to reputational risk, according to WTW’s 2020 Reputational Risk Survey

BDO promotes two tax and advisory partners
22 January 2021
UK Reporter Maria Ward-Brennan

BDO, accountancy and business advisory firm, has promoted two new partners across its tax, audit and advisory teams serving the insurance markets.

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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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Mark Wiedeman
Tennessee Department of Commerce and Insurance

Mark Wiedeman, director of captive insurance at the Tennessee Department of Commerce & Insurance, discusses how Tennessee is emerging as a frontrunner in the rise of mid-market captives

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Carl Ericson
ClearPoint Health

Carl Ericson of ClearPoint Health shares his passion for developing innovative solutions for captive insurers in the healthcare space

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Kristen Peed
Risk and Insurance Management Society

Kristen Peed, president at the Risk and Insurance Management Society, speaks with Diana Bui about her aspirations to support and promote collaboration within the global risk professionals community

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Mariame Vásquez
Mandarin Re

Mariame Vásquez shares her aspiration to see the reinsurance captive grow, especially in emerging markets, and to be an active part of that expansion

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Features
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A captive solution with premium potential

Capable, compelling, and with lower costs than a single-parent captive, Mark Dugdale looks at renting captives as an alternative risk financing strategy

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Weathering the storm

Industry experts examine how businesses can harness captives and reinsurance solutions to mitigate unprecedented climate risks

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Understanding IRS’s final rules on micro-captive transactions

As the IRS tightens rules on micro-captive transactions, industry experts highlight key implications for captive owners and outline strategies to navigate new compliance hurdles

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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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