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MAXIS GBN partners with ICAS World
07 January 2021
UK Reporter Maria Ward-Brennan

MAXIS Global Benefits Network has selected ICAS World, an employee assistance programme platform, as a global provider of counselling support and assistance

AXA XL promotes three within its US risk management team
07 January 2021
Illinois Reporter Maria Ward-Brennan

AXA XL has promoted Jason Mandik, Sandra Clarke and Jessica Carpita within its US risk management team

BevCap expands into North Carolina with new formation
07 January 2021
North Carolina Reporter Maria Ward-Brennan

BevCap Management, an alternative risk programme manager with captives domiciled both on and offshore, has created HatterasRe, an on-shore domiciled option for BevCap Health’s medical stop-loss programme

Bauknight Pietras & Stormer expands leadership team
06 January 2021
South Carolina Reporter Maria Ward-Brennan

Bauknight Pietras & Stormer has appointed Beth Bauknight to lead its tax department and David Ward to lead its audit/assurance department

RMC Group’s hiring streak continues with Michael Rindenau appointment
06 January 2021
US Reporter Maria Ward-Brennan

Michael Rindenau has joined RMC Group as director of marketing, property and casualty division and he will also contribute to RMC’s captive and health operations

Three new leadership appointments at Holmes Murphy
06 January 2021
US Reporter Maria Ward-Brennan

Holmes Murphy has added two new members to its board of managers and one new member to its executive committee

DARAG acquires US retailer
06 January 2021
US Reporter Maria Ward-Brennan

Legacy acquirer DARAG Group has concluded a transaction with “a major US retailer” to provide finality to its legacy workers compensation liabilities

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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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