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Marsh McLennan Agency to acquire Horton Group
11 July 2024
US Reporter Diana Bui

Horton offers P&C insurance, employee benefits consultation, and personal lines coverage to businesses and individuals across Indiana, Illinois, Wisconsin, Minnesota, and Florida

Williamson joins Alliant Insurance Services as Senior Vice President
11 July 2024
US Reporter Diana Bui

Based in Denver, Ali Williamson will deliver risk management and P&C insurance solutions to a diverse client base with a national reach

Labuan IBFC to host Asian Captive Conference 2024
11 July 2024
Malaysia Reporter Diana Bui

The Asian Captive Conference 2024 will take place on 19 September at the Sime Darby Convention Centre, Kuala Lumpur, Malaysia

AXA XL restructures Large Commercial and Client and Distribution teams
10 July 2024
US Reporter Diana Bui

AXA XL has made six appointments in the Large Commercial, and Client and Distribution units, following the recent reorganisation of its Americas insurance operation

Aviva to re-enter Lloyd’s market with acquisition of Probitas
10 July 2024
UK Reporter Diana Bui

Aviva has completed the £249 million acquisition of Probitas, re-entering the Lloyd's market after more than 20 years

New York affordable housing collective forms captive
10 July 2024
US Reporter Diana Bui

The captive allows members, who must be New York-based with capped rents and government financing, to pool their money to cover claims, potentially reducing insurance costs

Coverys expands offerings in London insurance market
10 July 2024
UK Reporter Diana Bui

Insurance provider Coverys has received Prudential Regulatory Authority and Financial Conduct Authority approval to commence underwriting in the London market

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Latest issue 273
Issue archive
Inside this issue

In this issue of Captive Insurance Times, Würk CEO Deborah Saneman unveils new captive offerings to help the legal cannabis industry in the US secure employee benefits.

With the UAE’s two financial-free zones stepping up their game, more local and regional businesses may be looking closer to home to meet their captive insurance needs.

Elsewhere, Michael Whitfield, head of UK relationships at Atlas Insurance, talks to John Savage about the rising opportunities for protected cell company in the UK market.

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Interviews
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Nate Reznicek
Captives.Insure

Nate Reznicek, president and principal consultant at Captives.Insure, discusses how the firm's independent approach to captive consulting and underwriting benefits brokers and captive managers

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Jen Lee
QBE North America

With rising demand for organ transplants straining the budgets of self-funded health plans, Jen Lee, vice president at QBE North America, speaks with Diana Bui about how the company’s specialised coverage and stop-loss integration offer a comprehensive solution while ensuring high-quality patient care

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Clint Casabella
Grid151

Clint Casabella, senior vice president for strategy and business development at Grid151, highlights the potential for title reinsurance solutions to address gaps left by traditional title insurers in the captive insurance market

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TJ Strickland
Strickland Hardee

TJ Strickland, managing partner at Strickland Hardee, explains the federal tax implications for captives in the US and how to reduce the risk of IRS scrutiny

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Features
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Expanding footprint in Asia

The Cayman Islands opened its Asia office in Singapore in June this year in an attempt to bolster its offering in the region. Ned Holmes drills into the motivation behind their latest expansion and what it says about the Asian captives market

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Reshaping asset strategies under Solvency II

Diana Bui sits down with industry experts to assess how Solvency II modifications and other regulatory changes affect asset management strategies for captive insurers in Europe

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Insurtech’s well-laid plan

The innovation, creativity and agility of insurtechs make them a perfect fit for captive insurance when the time is right

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Domicile profiles
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Europe

Europe, home to many of the world’s leading financial centres, has yet to fully capitalise on its potential in the captive insurance market. Experts explore strategies to unlock the continent's untapped potential for growth in captive

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Michigan

Michigan’s captive premium volume grew beyond US$3 billion in 2023 as it continued to establish itself in a competitive US market. Ned Holmes investigates how the domicile has made up for lost time

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The Cayman Islands

The Cayman Islands is emerging as a leading hub for insurance-linked securities and collateralised reinsurance, attracting diverse industry players with innovative licensing and rapid regulatory processes

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The Bahamas

Dana Munnings-Gray, acting superintendent of insurance at the Insurance Commission of The Bahamas, outlines how to harness captive insurance to enhance wealth management and risk mitigation

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