The initiative also involves Nayms, a crypto-compatible insurance marketplace, and Copper.co, a digital asset custodian.

In this role, he will be responsible for new business development across the Asia Pacific region, supporting client relationships in the key areas of credit, bond and political risk.

The state currently hosts 311 captive entities, up from 294 in 2022, with Utah holding 439 and Vermont licensing 659.

In her expanded role at Lloyd’s, Miller will continue to lead the commercial directorate and remain a member of Lloyd’s executive committee.

Rory MacGregor, divisional head of non-marine, will be promoted to head of underwriting.

The firm says it could reduce carriers' loss ratios by up to 10 points.

In this role, McDougald will be responsible for the overall growth, innovation and talent development of Victor US.

Titled ‘The Balancing Act of Captive Management’, the event will address inflationary challenges that insurance companies face.

The new company is set to make its formal debut at the British Insurance Brokers’ Association conference, taking place on 15 to 16 May in Manchester.

With three decades in the fields of accident and health, as well as property and casualty alternative risk, Giles will lead ClearPoint Health’s enterprise sales organisation.

The move aims to enhance the Alliant Underwriting Solutions division's real estate products and underwriting capabilities.

The measure targets captive insurance entities, which often operate outside their business's state, bypassing local insurance companies and agents.