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Stern Risk Partners hires Stephen Stern

Stern Risk Partners has appointed Stephen Stern as executive vice president.

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VCIA 2018: strength of Vermont regulators may help number of arc formations

The strength of the captive regulators in Vermont could help increase the number of arc formed in the state, according to Rich Smith, president of the Vermont Captive Insurance Association

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VCIA 2018: succession planning in captives can be easy

Succession planning in the captive insurance industry can be easy, according to Les Boughner, chairman of Advantage Insurance.

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AIG names Thomas Lillelund as CEO of Europe

AIG has appointed Thomas Lillelund as CEO of its European business, AIG Europe, which is headquartered in Luxembourg

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VCIA 2018: captive industry should be more active in inspiring next generation

The captive insurance industry needs to be more active in inspiring the next generation of insurance professionals, according to Anne Marie Towle, captive practice leader at JLT Insurance Management

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VCIA 2018: association decorates Young and Kusaila

VCIA has rewarded both Dan Kusaila, tax partner at Crowe and Brady Young, president and CEO of Strategic Risk Solutions for their achievements in the industry at its 2018 annual conference

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SRS launches new captive scholar programme

Strategic Risk Solutions (SRS) has launched a new programme to provide undergraduate college students learning opportunities in the captive insurance industry

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Vermont ‘proactive as possible’ with emerging technology

Vermont is remaining “proactive as possible” when it comes to emerging technologies, according Ian Davis, director of financial services agency of commerce and community development in the state

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DARAG to develop platform for US operations

DARAG has revealed an equity funding of up to €260 million to develop an effective platform for the build-out of its US operations

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NEIL ratings affirmed ‘excellent’

A.M. Best has affirmed the financial strength rating of “A (Excellent)” and the long-term issuer credit rating of “a+” of Nuclear Electric Insurance Limited

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Willis Towers Watson launches Captive Quantified

Willis Towers Watson has launched Captive Quantified, a financial modelling tool for captive owners

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Four new captives in Labuan

Labuan International Business and Financial Centre (Labuan IBFC) has continued to grow its captive insurance industry, with four approvals in the first half of this year

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