As a first phase, Babel Cover has released a fully digital insurance product with the Maltese insurer Atlas and emerging technology firm Piprate to insure bicycles of competitive cyclists, triathletes and commuters of Malta
Phase one, which will be delivered during 2020, includes the launch of an electronic risk exchange which could, over time, process as much as 40 percent of Lloyd’s risks
Blockchain is a very topical issue at the moment, and in Vermont, “we believe that blockchain and other emerging technologies will have a substantial impact on the insurance industry”, according to Vermont’s Ian Davis
A group of underwriters from Lloyd’s have established a Product Innovation Facility to improve (re)insurance product development efficiency
The Bermuda Monetary Authority has joined the Global Financial Innovation Network
The Vermont Department of Financial Regulation and the Office of the Vermont Secretary of State are collaborating on a pilot programme that will explore the use of blockchain in the captive market
Strategic Risk Solutions (SRS) has launched a new programme to provide undergraduate college students learning opportunities in the captive insurance industry
Aon Benfield has launched ABConnect Placements, a new global reinsurer trading platform to enhance placements with real-time data. It will go live on 11 April...
Ian-Edward Stafrace of Atlas Insurance PCC outlines what to consider beyond the typical captive and protected cell domicile comparisons
Ian-Edward Stafrace of Atlas Insurance PCC shares how the active non-cellular core of their EU protected cell facility can help rapidly incubate risks, giving more time to assess and set up a cell
Industry professionals discuss trends around climate change-related risks and how captives can be implemented to help address these risks as they evolve in frequency and severity
Industry professionals discuss the implementation of blockchain in the captive industry, as well as the benefits and challenges of such technologies
Vittorio Zaniboni of Generali Employee Benefits discusses the current employee benefits market, and how the heightened expectations of captive clients is driving innovation
In February 2023, Guernsey was confirmed as Europe’s most successful captive domicile. Ned Holmes examines what makes it an industry leader and what comes next
Celebrating its 40th anniversary as a captive insurance domicile, Vermont has already licensed over 20 captives so far this year. Industry experts discuss market trends, legislation updates and more
Malta expects to expand its captive position in Europe with its unique PCC legislation and ongoing innovation focus
Vermont continues to lead in the captive market but must keep up with liberalising market trends spreading across the US
