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Vermont’s David Provost to retire in coming months

David Provost, deputy commissioner of the captive insurance division at the Vermont Department of Financial Regulation, has announced his retirement at the end of summer 2022

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OFB appoints advisor to decentralised captive solution

Ocean Falls Blockchain Corporation has appointed Barrie McWha to the board of advisors

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SIIA: Expand captive participation in TRIP for SMEs

The Department of the Treasury should expand the size and scope of the Terrorism Risk Insurance Program to cover SMEs vulnerable to the same significant losses from terrorism-related risks, according to the Self-Insurance Institute of America

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Ryan Speciality forms group captive MGU

Ryan Specialty has launched AXSAL Re, a member-owned group captive managing general underwriter formed specifically for transportation companies and other insureds with large fleets

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Nayms becomes first platform of its kind to be fully-regulated in Bermuda

Crypto-native insurance marketplace Nayms has become the first platform of its kind to become fully-regulated in the territory of Bermuda

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Artex completes integration of Horseshoe

Alternative risk solutions company Artex has completed the integration of Horseshoe, making it the global brand of insurance-linked securities services for Artex

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AGCS appoints Tom Major as regional head of claims for UK and Nordics

Allianz Global Corporate & Specialty (AGCS) has appointed Tom Major as regional head of claims for regional units London and Nordics, effective 1 June

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Reserve Mechanical Decision concludes in favour of IRS

The US Court of Appeals for the Tenth Circuit has affirmed the Reserve Mechanical decision in all respects, rejecting the petitioner’s appeal

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Liberty Mutual Re hires Alice Sharman

Sharman has been appointed to senior underwriter at Liberty Mutual Re’s London office, where she will be responsible for underwriting the firm’s US Casualty Treaty portfolio

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Aon appoints Tarryn Pongrácz as corporate insurance and captive consultant

Aon has appointed Tarryn Pongrácz as corporate insurance and captive consultant

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AXA S.A. obtains its reinsurance license from ACPR

AXA S.A., the holding company of AXA Group, has obtained its reinsurance license from the French Prudential Supervision and Resolution Authority

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TDCI promotes Michael Schulz to director of business development

The Tennessee Department of Commerce & Insurance has promoted Michael Schulz to the role of director of business development for the TDCI’s insurance division

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