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Artex names Bermuda captive head

Artex Risk Solutions has appointed Nicola Hallett as director and head of office for the firm’s captive and commercial offering in Bermuda

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Insurance manager Robus makes leadership changes

Robus Group has made several changes to its leadership team as the insurance management firm enters the next phase of its growth strategy following acquisition by the Ardonagh Group in late 2020

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Vermont licensed 45 new captive insurance companies in 2021

Forty-five new captive insurance companies were licensed in Vermont in 2021 — the same year the state celebrated its 40th year in the captive industry

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AGCS: Risk barometer survey names cyber as number one business risk

Cyber, business interruption and natural disasters are this year’s top business risks globally, according to the Allianz Risk Barometer 2022 survey

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Zurich North America adds new head of captives

Zurich North America has appointed Dawn Hiestand as head of captives, effective 1 February

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SRS names Peter Child as Europe CEO

Independent insurance company manager Strategic Risk Solutions has appointed Peter Child as CEO of SRS Europe, a promotion which has been effective since 1 January

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FERMA: Captives should be automatically classified as low-risk undertakings

The Federation of European Risk Management Associations has called for captives to be automatically classified as low-risk profile undertakings in the European Commission’s review of the Solvency II regime

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CWC makes executive appointments

Cutts-Watson Consulting has made new executive appointments, announcing Dominic Wheatley as managing director and Graham Powell as head of consulting respectively

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Massachusetts sees support for crumbling foundations captive bill

The Massachusetts legislature has seen increased support for Senate Bill 548, ‘An act relative to crumbling concrete foundations’, following a hearing by the Joint Committee on Environment, Natural Resources and Agriculture last week

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Cowbell Cyber launches cyber insurance captive

Cowbell Cyber Inc has formed a new captive, Cowbell Re, to provide additional capacity to help address the growing demand for cyber insurance in 2022

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Cyber risk manager receives £3.25 million capital investment

Cyber risk management solutions provider KYND has received a £3.25 million investment from BGF, the UK’s most active growth capital investor

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Specialty Captive Group acquires assets of Sedgwick alternative risks services division

Specialty Captive Group, part of holding company Specialty Program Group, has acquired the assets of Sedgwick’s alternative risks services division

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