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Court of appeals upholds Shivkov v. Artex district court decision
11 September 2020
Arizona Reporter Maria Ward-Brennan

The US Court of Appeals for the Ninth Circuit has upheld a district court’s order compelling individual arbitration and dismissing a putative class action alleging violations of the Racketeer Influenced and Corrupt Organizations Act and Arizona law

Carlton Fields hires two insurance regulatory experts
11 September 2020
Florida Reporter Maria Ward-Brennan

Thomas Morante and Yani Contreras have joined law firm Carlton Fields from Kaufman Dolowich Voluck

BCC: growth in LatAm captive market attributed to improved knowledge
11 September 2020
Bermuda Reporter Rebecca Delaney

Progress in the Latin America captive market is attributable to improved knowledge and acceptability, according to Adriana Scherzinger of Zurich Insurance

Elevate Risk Solutions promotes Rondrea Haywood
11 September 2020
Oklahoma Reporter Maria Ward-Brennan

Rondrea Haywood has been promoted as director of compliance at Elevate Risk Solutions

IRS urges Supreme Court to affirm rejection of CIC Services case
10 September 2020
Washington DC Reporter Maria Ward-Brennan

The IRS has urged the US Supreme Court to affirm the Sixth Circuit's rejection of CIC Services challenge to agency reporting requirements, stating that the lower court correctly found the suit is barred by the Anti-Injunction Act

David Stills joins Sedgwick from Walmart
10 September 2020
Memphis Reporter Maria Ward-Brennan

David Stills has been appointed global risk management executive at Sedgwick, a global provider of technology-enabled risk, benefits and integrated business solutions

Labuan IBFC reports 10 percent growth in captive formations
10 September 2020
Labuan Reporter Maria Ward-Brennan

The Labuan International Business and Financial Centre has registered seven new captives between January and June this year, bringing the total to 56

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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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