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Marsh McLennan launches initiative to enhance supply chain risk management
03 May 2024
US Reporter Diana Bui

AI-powered platform Sentrisk with integrated advisory services allows clients to map supply chains and upgrade their operational plans.

CAC Specialty appoints Scheerer as executive vice president
01 May 2024
US Reporter Diana Bui

In his new role, Scheerer will bring a wealth of experience and expertise to bolster CAC Specialty’s presence in key sectors, such as private equity, real estate, construction and management liability.

BMS introduces new global healthcare division
01 May 2024
UK Reporter Diana Bui

The new division will provide solutions and guidance to healthcare providers and their insurers, and provide access to BMS’s broad range of insurance, reinsurance and risk management services and products.

Marsh introduces new alternative risk practice
26 April 2024
UK Reporter Diana Bui

The new practice will brings together Marsh's parametric solutions, alternative risk transfer, captives and complex risk offerings.

Harris promoted to partner at McGill and Partners
26 April 2024
UK Reporter Diana Bui

Harris joined the firm in 2022 as an associate focusing on mining and heavy industry.

Marsh: commercial insurance rates increase by 1% in Q1 2024
24 April 2024
UK Reporter Diana Bui

The report also notes that rates continued to be relatively consistent, with most regions experiencing small decreases in the same period.

PARIMA 2024 conference to address Asia’s response to global risks
22 April 2024
Philippines Reporter Diana Bui

The event aims to bring together over 300 risk and insurance professionals from the Philippines and across Asia Pacific.

Victor names McDougald president of US specialty
11 April 2024
US Reporter Diana Bui

In this role, McDougald will be responsible for the overall growth, innovation and talent development of Victor US.

Features
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Work smarter, not harder

The insurance industry has been considered a ‘laggard’ to financial services in adopting new technologies such as the cloud. However, for generative AI, insurers have been quick to recognise opportunities. But what will this mean for workers and captive markets?

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Captive, c’est chic

Frances Jones reviews captive growth in Europe, while assessing proposed amendments to Solvency II regulations, set to facilitate further expansion within the EU

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PCCs on the rise

Frances Jones reviews the proliferation of PCCs in the captive industry and across key domiciles

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Going for gold

Industry experts discuss 2023’s captive market performance, trends and developments and share predictions for the coming year

Interviews
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Timothy Marlin
Marsh

Timothy Marlin, senior vice president in Cyber Practice for US and Canada at Marsh, talks about the structure and operating model of Edgware Re group captive

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Ellen Charnley
Marsh

Marsh’s Ellen Charnley speaks to CIT about ReadyCell, the company’s AI-powered risk financing solution

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Alyssa Preidt
Capterra Risk Solutions

Alyssa Preidt of Capterra Risk Solutions speaks to Frances Jones about her experiences and influences in the industry

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Kirk Watkins
Promethean Risk Solutions

Kirk Watkins talks to CIT about Promethean Risk Solutions’ unique programmes which redistribute profits back to clients. He also discusses how the company utilises its captive ‘FairShare’

Country profiles
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Singapore

Market participants consider the captive growth in Singapore, while identifying its barriers and opportunities

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Latin America

Industry participants discuss their hopes for captives in Latin America, as well as recent developments and the barriers to captive uptake in the region

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Ireland

Although Ireland hasn’t experienced a huge amount of growth within its captive market over the last few years, there is said to be a renewed interest in Dublin as a preferred domicile

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Singapore

Singapore’s ILS market has grown since its introduction in 2018, and after recently extending the grant scheme until the end of 2022, industry professionals suggest that the market will continue to expand beyond this new deadline

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