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Washington and Montana elect new insurance commissioners
11 November 2024
US Reporter Diana Bui

Democrat Patricia Kuderer in Washington and Republican James Brown in Montana have been elected as insurance commissioners following the US presidential elections on 5 November

Optio welcomes Davenport as Group Chief Risk Officer
11 November 2024
UK Reporter Diana Bui

Insiyah Davenport joins from Lucida Group, where she served as group chief risk officer

Baron Philippe de Rothschild launches new captive in France
11 November 2024
France Reporter Diana Bui

French winemaker Baron Philippe de Rothschild is the latest company to launch a captive in France with its new entity, BPHR Re

Pasternak succeeds Hermelingmeier as CFO of HDI Global
08 November 2024
Germany Reporter Diana Bui

Dr. Christian Hermelingmeier will move within the Talanx Group as CFO to Hannover Re, reinsurance business of the group, effective from 1 April 2025

NFP acquires HC Financial
08 November 2024
Ireland Reporter Diana Bui

Aon's company NFP has acquired HC Financial, a financial planning and corporate employee benefits advisory business based in Ireland

Altea Insurance appoints Dixon as Senior Underwriter
07 November 2024
UK Reporter Klea Neza

In her new role, Holly Dixon will report to Carly Matson, CEO of Altea

Honeycomb Insurance expands to Washington and Maryland
07 November 2024
US Reporter Diana Bui

Honeycomb Insurance, a MGA for landlords and condo associations, has expanded its footprint to Washington and Maryland, bringing its total active US states to 18

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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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