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Washington holds advisory vote on captive premium tax
02 November 2021
Washington Reporter Rebecca Delaney

Washington voters have voted in a ballot measure to repeal a 2 per cent premium tax on captive insurers in the state, which was passed under Senate Bill 5315

Oklahoma completes second IBT plan
27 August 2021
Oklahoma Reporter Rebecca Delaney

The Oklahoma Department of Insurance has completed its second insurance business transfer plan in the US

Washington State drafts captive law implementation
25 August 2021
Washington Reporter Rebecca Delaney

Washington’s Office of the Insurance Commissioner has proposed draft regulations for the implementation of its new captive insurance law

NCCIA announces Brady Young as conference speaker
18 August 2021
North Carolina Reporter Rebecca Delaney

The North Carolina Captive Insurance Association has named Brady Young as a featured speaker at its upcoming annual conference on 1 September

VCIA: IRS continues to be aggressive in auditing micro captive programmes
12 August 2021
US Reporter Maddie Saghir

“The IRS was warning everyone that they would be aggressive, and aggressive they were. Clients noted that auditing agents lacked experience in the captive space or captive insurance knowledge," says Mikhail Raybshteyn

Aon’s Warren Mula joins McGill and Partners
08 June 2021
London Reporter Becky Bellamy

Mula joins after serving at Aon for 40 years. Most recently, Mula worked as president of Aon Risk Solutions, where he was responsible for all of Aon’s Global Specialty business strategies as well as global carrier relations

NCCIA names new board chair
04 June 2021
North Carolina Reporter Maria Ward-Brennan

The North Carolina Captive Insurance Association board has named Matt Holycross of Taft Companies as chairman for the 2021/22 term

Washington captive bill signed into law
13 May 2021
Washington Reporter Maria Ward-Brennan

Governor Jay Inslee signed a bill into law that would see the creation of a framework in Washington 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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