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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.

Lauren Gregory joins Alliant Insurance Services
21 October 2020
New York Reporter Maria Ward-Brennan

Lauren Gregory has joined Alliant Insurance Services as senior vice president of the firm’s specialty group, Public Entity

Ashok Krishnan takes on new role at AXA XL
21 January 2021
UK Reporter Maria Ward-Brennan

AXA XL has appointed Ashok Krishnan as chief data and analytics officer

Kevin Gordon joins BMS Group from Willis Re
21 January 2021
Illinois Reporter Maria Ward-Brennan

BMS Group, the independent specialist insurance and reinsurance broker, has appointed Kevin Gordon as senior vice president, treaty reinsurance

Labuan IBFC signs MoU with rating agency RAM
21 January 2021
Labuan Reporter Maria Ward-Brennan

The new rating service for companies based in Labuan IBFC will evaluate the performance and financial standing of Labuan entities

Vermont welcomes 38 new captives in 2020
21 January 2021
Vermont Reporter Maria Ward-Brennan

The Vermont Department of Economic Development has revealed the state licensed 38 new captive insurance companies in 2020

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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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