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Connecticut licenses six captives in 2020
25 February 2020
Connecticut Reporter Becky Bellamy

Commissioner Mais says the growth is due to the captive division’s outreach initiative to expand Connecticut’s presence and reputation as a domestic captive domicile

AmTrust expands its cyber team with two new hires
29 January 2021
New York Reporter Maria Ward-Brennan

AmTrust Financial Services, a global specialty property and casualty insurer, has hired Jeffrey Batt and Michelle Ingrassia within its cyber insurance team

Connecticut proposes captive bill amendments
28 January 2021
Connecticut Reporter Maria Ward-Brennan

After being delayed due to the COVID-19 pandemic, the Connecticut Department of Insurance has drafted a proposal concerning captive insurance for the 2021 legislative session

CIC Services hires Christopher Gallo
16 December 2020
Tennessee Reporter Maria Ward-Brennan

Christopher Gallo has joined CIC Services, a Knoxville-based risk management consulting firm as managing director

Gary Hall takes on new role at Citadel Risk’s AMIC
11 November 2020
Bermuda Reporter Becky Bellamy

American Millennium Insurance Company, which was acquired by Citadel in October 2011, will be restructured into three business divisions

Connecticut names new captive insurance division director
15 September 2020
Hatford Reporter Becky Bellamy

The Connecticut Insurance Department commissioner Andrew Mais has appointed Fenhua Liu as the new director of the department’s captive insurance division

Captive organisations form coalition to file brief for IRS Supreme Court case
23 July 2020
Washington DC Reporter Maria Ward-Brennan

Nearly two dozen national and state organisations in the US have filed a joint amicus brief before the US Supreme Court in the case of CIC Services LLC v. Internal Revenue Services

Crumbling Foundations captive completes first 150 foundations
15 June 2020
Connecticut Reporter Becky Bellamy

The Connecticut Foundation Solutions Indemnity Company has completed 150 foundation replacements since its launch on 10 January 2019

Features
Full feature search for "connecticut"
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Stake your reputation

Nir Kossovsky, Denise Williamee and Peter Gerken of Steel City Re discuss the development of reputational risk, including current trends, how a captive can provide cover, and the specific challenges in insuring this risk

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Social benefit: a new goal for captives?

Fresh from the first successful home being repaired using the crumbling foundations funds, doubt clouds over the CFSIC as funding falls far from what is needed to renovate all remaining homes facing the crisis

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Innovation, Innovation, Innovation

In a congested US captive market, Connecticut is looking to focus on innovation to separate itself from the field

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The largest captive ever formed? An update on ‘crumbling foundations’

The captive created to distribute funds to help homeowners impacted by the ‘crumbling foundations’ issue began accepting applications on 10 January

Interviews
Full interview search for "connecticut"
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Thomas Stokes
JLT Towner US Consulting

Groups and cells are among the best options for gaining access to the Terrorism Risk Insurance Act, according to Thomas Stokes of JLT Towner

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Richard Smith
VCIA

Celebrating its 35th year in the captive business, Vermont is set to host a varied and informative conference. Vermont Captive Insurance Association president Richard Smith reveals what’s in store for attendees

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Thomas Stokes
JLT Towner Insurance Management

JLT Insurance Management has expanded its Isosceles facility in the US. Thomas Stokes explains the benefits of the sponsored cell structure

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Skip Myers
Morris, Manning, and Martin

Washington DC has been the scene of some big moments for captive insurance in the last year, but Skip Myers of Morris, Manning, and Martin says that 2015 could follow a similar pattern

Country profiles
Full country profile search for "connecticut"
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Connecticut

While Connecticut is 20th in the nation in terms of the total number of licensed captives, it is third in the nation in terms of average premiums per captive. But what initiatives are in place to ensure this growth continues?

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Connecticut

Captive insurance players in Connecticut discuss the importance of the state’s captive legislation amendments to continue positive economic benefits and growth

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Connecticut

Newly-appointed chairman of CCIA Michael Maglaras suggests that the future is bright for state’s captive industry

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USA

Experts discuss the state of play throughout the world’s biggest captive market

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