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CICA continues financial support to ICCIE
14 August 2020
Vermont Reporter Maria Ward-Brennan

The Captive Insurance Companies Association’s president Dan Towle has presented the association’s annual $10,000 contribution to the International Center for Captive Insurance Education during ICCIE’s virtual ‘sweet 16’ anniversary celebration

Reinsurance Solutions Group launches new subsidiary
14 August 2020
South Africa Reporter Maria Ward-Brennan

Reinsurance Solutions Group, an independent African-owned reinsurance broking group, has launched a new subsidiary Reinsurance Solutions Intermediary Services in South Africa

Troy University gives distinguished award to Edward Pappanastos
14 August 2020
Montgomery Reporter Maria Ward-Brennan

Troy University has awarded the 2020 Wallace D. Malone, Jr. Distinguished Faculty Award to Edward Pappanastos

VCIA: it’s key to understand the importance of mentorship
13 August 2020
Vermont Reporter Rebecca Delaney

The role of mentorship has significantly evolved over the last 25 years, according to discussions of the ‘Young professionals: mentorship now more than ever’ forum at the VCIA virtual conference

Alabama to host in-person captive conference
13 August 2020
Montgomery Reporter Maria Ward-Brennan

The Alabama Captive Insurance Association is set to host its annual conference in person on 16 to 18 September 2020 at the Westin Birmingham, Alabama

DARAG North America continues to gain momentum
13 August 2020
Bermuda Reporter Becky Bellamy

DARAG has completed the Hallmark Financial Services transaction and the acquisition of a Bermuda class 3A reinsurance company

VCIA: captives showed ‘positive’ response to COVID-19
13 August 2020
Vermont Reporter Rebecca Delaney

Captives saw an overall positive immediate response to the challenges of the COVID-19 pandemic in supporting parent company business operations, according to a panel at VCIA’s virtual conference

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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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