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BCC: hard market is here to stay
10 September 2020
Bermuda Reporter Rebecca Delaney

In the current hardening insurance market, many companies are struggling with capacity, availability and higher retention, according to Al Gier, global director of corporate risk management and insurance at General Motors Company

AMICE names Oliver Schoeller as board director
10 September 2020
Brussels Reporter Maria Ward-Brennan

The Association of Mutual Insurers and Insurance Cooperatives in Europe (AMICE), the voice of the mutual and cooperative insurance sector in Europe, has appointed Oliver Schoeller as director on AMICE’s board for a three-year term

Cassie Bachman joins Arsenal Insurance Management
10 September 2020
Montgomery Reporter Maria Ward-Brennan

Cassie Bachman has joined Arsenal Insurance Management as director of legal affairs

RYSKEX’s start-up selected for Lloyd’s Lab COVID-focused cohort
09 September 2020
London Reporter Maria Ward-Brennan

Lloyd’s has launched its fifth Lloyd’s Lab cohort, featuring RYSKEX, a Berlin-based start-up, offering a blockchain-based ecosystem for alternative risk transfer and innovative insurance solutions

R&Q names CEO of excess and surplus programme management business
09 September 2020
Boston Reporter Becky Bellamy

Randall & Quilter Investment Holdings has appointed Patrick Rastiello as CEO of its newly established US excess and surplus programme management business, Accredited Specialty Insurance Company

Beach Re recruits Willis Re’s Warren Berkstresser
08 September 2020
Seattle Reporter Maria Ward-Brennan

Beach & Associates has hired Warren Berkstresser as senior vice president of its US reinsurance division, Beach Re

Trucept to form captive as part of growth plans
07 September 2020
San Diego Reporter Maria Ward-Brennan

Trucept has revealed its plans to accelerate growth through the set-up of a captive insurance company

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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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