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Oklahoma Insurance Department recognised as ICCIE trained organisation
10 May 2024
US Reporter Diana Bui

It was announced during the 2024 Western Region Captive Insurance Conference (WRCIC) in Tulsa, Oklahoma, further signifying the agency’s commitment to making the state a desired domicile for captive insurance companies and service providers.

BMS Re strengthens MGA business with six new hires
08 May 2024
US Reporter Diana Bui

The hires include one executive vice president (VP), Alicia Santocki; two senior VPs, Scott Fields and Stephanie Fick; two assistant VPs, Colin Curran and Charles Ill; and one executive assistant, Cora Cruz.

Flagstone International expands into captive insurance market
08 May 2024
US Reporter Diana Bui

Flagstone International has partnered with captive insurance manager Strategic Risk Solutions (SRS) to allow SRS’s clients access to its cash deposit platform.

Marsh introduces insurance solution for providers in EU crypto market
09 May 2024
EU Reporter Diana Bui

The offering is designed for EU-based providers, including custodians, exchanges and administrators, who must comply with the forthcoming Markets in Crypto-Assets Regulation (MiCA).

WTW boosts global cyber facility with broader coverage options
08 May 2024
UK Reporter Diana Bui

WTW increased the maximum capacity of the CyXS facility by 50 per cent from US$50 million to US$75 million, in response to client feedback.

Aon names Allen as executive managing director of capital advisory
08 May 2024
UK Reporter Diana Bui

Allen will report to Kelly Superczynski, Aon’s global head of capital advisory, and be responsible for sourcing capital from global organisations to support Lloyd’s of London and risk transfer programmes.

Mais appointed vice chair of IAIS executive committee
08 May 2024
US Reporter Diana Bui

Mais is Connecticut's insurance commissioner and president of the National Association of Insurance Commissioners.

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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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