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Connecticut sees continued growth for captives

Nine new captive insurers were added in 2024, marking the fifth year of growth for the state since 2020

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AM Best reveals credit ratings for Eni Insurance

The ratings demonstrate EIS’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance

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ParetoHealth appoints O’Meara as CEO

Maeve O’Meara previously served as president of the company, and brings with her over 20 years of leadership experience in healthcare and technology

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Gallagher Bassett acquires marine claims specialist W K Webster

Anthony Smith and his team at W K Webster will join Gallagher Bassett under the leadership of Manan Sagar, who oversees the company's operations in EMEA

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HDI Global hires Sammons to boost captive’s team

Dan Sammons joins from AIG, where he most recently served as head of Alternative Risk Solutions UK

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Allstate to sell group health business to Nationwide for US$1.25bn

Allstate's group health business provides stop-loss insurance to small businesses, which will gain access to Nationwide's complementary product offerings

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Buskirk joins SRS as Director of Medical Stop Loss Captive Management

Chad Buskirk brings over 25 years of experience in finance leadership and third-party administrator service

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Lloyd’s appoints Cliff as new Chief Financial Officer

Alexandra Cliff will succeed Burkhard Keese, who is leaving Lloyd’s to pursue investment roles in the German insurance market

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Bermuda Captive Network hosts Captive Education Summit

The Bermuda Captive Network hosted its annual Captive Education Summit last week at the Bermuda Underwater Exploration Institute, with experts providing updates on regulatory, financial, and investment trends

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Jireh Risk Advisors and SRS launch new ILS platform in Bermuda

Jireh Risk Advisors has partnered with Strategic Risk Solutions (SRS) to launch Strata ILS, an unrestricted special purpose insurer licensed by the Bermuda Monetary Authority

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Apollo partners with WNS

The collaboration will see WNS providing Apollo with a new Fast Start solution, using technology, data, and domain-focused resources to support Apollo’s third party syndicate partnership business

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Falcon Risk Services launches new solution

The company says the new software sets a benchmark for broader protection in the industry, where it will offer tailored solutions for high-revenue companies

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