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Guy Carpenter onboards Legg as Managing Director for Canadian broking team
17 September 2024
Canada Reporter Diana Bui

Heather Legg joins the firm from Validus Reinsurance, where she worked for five years, most recently as chief agent for the Canadian branch

Altea Insurance opens office in Ireland to expand European presence
17 September 2024
Ireland Reporter Diana Bui

Altea will now provide integrated insurance and risk management solutions for healthcare professionals across the EEA, supported by the AlteaPlus platform

Lillelund joins Allianz as CEO of Global Corporate and Specialty
16 September 2024
Germany Reporter Diana Bui

Thomas Lillelund will take over the role of CEO of Allianz Global Corporate and Specialty in early 2025 once his existing commitments have ended

ICCIE reports record in fundraising for captive educational platform
16 September 2024
US Reporter Diana Bui

The International Centre for Captive Insurance Education (ICCIE), in partnership with the Vermont Captive Insurance Association (VCIA), has raised close to US$60,000 in annual fundraising during last month’s VCIA Conference

Everest Insurance International launches operations in Colombia
16 September 2024
Colombia Reporter Diana Bui

Mauricio Ocampo Gómez, country manager of Everest in Colombia, will lead the team to provide a wide range of insurance products and risk solutions for key sectors, including property, casualty, energy and financial lines

Hymans Robertson names Kistnassamy as Head of General Insurance
16 September 2024
UK Reporter Diana Bui

He has more than 25 years of general insurance experience at senior levels, including 10 years at the Prudential Regulation Authority

VCIA to host captive roadshow in Philadelphia
16 September 2024
US Reporter Diana Bui

The Vermont Captive Insurance Association (VCIA) will hold its roadshow educational event on 29 October in Philadelphia

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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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