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AM Best revises outlook to ‘negative’ for CSAA Insurance Group’s members
26 July 2024
US Reporter Diana Bui

The revision of the outlook to ‘negative’ is driven by the group’s reduction in capital level

Cowbell secures US$60 million in funding from Zurich Insurance Group
26 July 2024
US Reporter Diana Bui

With the new capital, Cowbell plans to bolster cyber resilience services and expand its technological infrastructure to drive further efficiencies

Bermuda to showcase captive domicile potential in annual conference
25 July 2024
Bermuda Reporter Diana Bui

The Bermuda Captive Conference returns for its 20th year from 9-10 September at PIER 6 in Hamilton

South Carolina captive conference returns in September
25 July 2024
US Reporter Diana Bui

The South Carolina Captive Insurance Association will host its annual executive educational conference from 17-19 September at the Hyatt Place, Charleston

Holman hires Bachman as Manager of Captive Insurance Operations
24 July 2024
US Reporter Diana Bui

Cassie Bachman holds a Juris doctor’s degree from the University of Oklahoma College of Law

Cayman Captive Forum 2024 announces keynote speakers
24 July 2024
Cayman Islands Reporter Diana Bui

Anthony Robles, NCAA wrestling champion, and Jon Engstrom, a 20-year-old veteran police officer and certified ethical hacker, will be the keynote speakers

WTW welcomes Clarke as President of Risk and Broking
24 July 2024
UK Reporter Diana Bui

Lucy Clarke replaces Adam Garrard, who will take on the new role of division chairman

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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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