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Aon expands its national healthcare practice with three new appointments
04 May 2021
Illinois Reporter Maria Ward-Brennan

Aon has recruited Audrey Greening, Heather McClure and David Eiermann to its national healthcare practice

Washington captive bill sent to Governor’s desk
13 April 2021
Washington Reporter Maria Ward-Brennan

A bill that was submitted during the Washington State 2021 legislative session was signed by Speaker of the House Laurie Jinkins on 12 April

Marsh acquires PayneWest Insurance
06 April 2021
Montana Reporter Maria Ward-Brennan

Marsh & McLennan Agency has acquired Montana-based PayneWest Insurance, one of the largest independent agencies in the US

Marsh appoints digital asset and D&O product leaders
26 March 2021
New York Reporter Maria Ward-Brennan

Marsh has appointed Jacqueline Quintal as US digital asset leader and Matthew McLellan as US directors and officers liability product leader

Washington State captive bill is ‘poorly drafted’, says Vermont’s Rich Smith
25 March 2021
Vermont Reporter Maria Ward-Brennan

“Washington could have instituted a self-procurement tax like several other states — instead, the Office of the Insurance Commissioner chose pride over prudence,” according to Rich Smith, president of the Vermont Captive Insurance Association

Washington State captive bill passes Senate
11 March 2021
Washington Reporter Maria Ward-Brennan

The Washington State Senate has passed a captive bill that would see eligible captive insurers pay a 2 per cent premium tax for insurance directly procured by and provided to its parent or affiliate for Washington risks during the preceding calendar

North Carolina licenses 47 captives in 2020
01 February 2021
North Carolina Reporter Maria Ward-Brennan

North Carolina licensed 47 captive insurance companies and approved 126 cells and series in 2020, according to the North Carolina Insurance Commissioner Mike Causey

Washington proposes captive bill that could see $29m in back taxes and generate revenues of over $2.5m
28 January 2021
Washington Reporter Maria Ward-Brennan

A bill submitted during Washington State 2021 legislative session would see the creation of a framework for registering eligible captive insurers and imposing a premium tax on the risk covered by premiums allocable to the state

Features
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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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Captives for inclusion

Frances Jones explores how EB captives can support and accelerate an organisation’s DEI objectives

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Can’t make head nor long-tail

Industry professionals discuss how a captive can be used to provide coverage for the long-tail risk of workers’ compensation, and how the COVID-19 pandemic has impacted this market

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The golden rules

Ben Whitehouse of Butler Snow and Kevin Walters of the Tennessee Department of Commerce and Insurance discuss regulatory updates and the importance of having a symbiotic relationship between the regulator and captive companies

Interviews
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Dan Towle
CICA

CICA President Dan Towle hails the captive industry’s rapid growth, showcased by record attendance at the 2024 Conference, and outlines emerging trends – from talent initiatives driving diversity to private equity’s influx shaking up the job market

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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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Stephen Taylor
Delaware Department of Insurance

Stephen Taylor talks to Frances Jones about his role and his ambitions for the Delaware captive programme

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Debbie Walker
North Carolina Department of Insurance

Debbie Walker discusses developments in North Carolina’s captive industry, challenges around COVID-19 and the priorities of the department of insurance for the rest of 2020

Country profiles
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Washington

Insurance commissioner Mike Kriedler provides an overview of the implementation of Washington’s new captive law, as well as the likely impact on captive owners in the state

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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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District of Columbia

With a ‘very active’ captive market in 2020, DC plans to launch a financial services regulatory sandbox this year that will include captives

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Vermont

Vermont continues to lead in the captive market but must keep up with liberalising market trends spreading across the US

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