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Guernsey remains Europe’s largest captive domicile

The island reported 199 captives domiciled at the end of 2023

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Hylant and Butler University launch risk management certificate programme

Both companies say that the certificate programme represents a significant milestone in academic-industry partnerships

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Amy Funderburk named as general counsel at NCDOI

Funderburk assumes the role previously held by John Hoomani

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Gene Pompili appointed president of ClearPoint

Pompili has more than 30 years of insurance industry experience, holding various leadership roles in the healthcare sector

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CIC Services launches BankInsure for small to mid-sized banks

BankInsure offers a captive insurance approach, allowing banks to retain premiums as profit

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AM Best assigns “Excellent” credit rating to Related’s Vermont captive

AM Best has assigned a financial strength rating of “A-” (Excellent) and a long-term Issuer credit rating of “a-” (Excellent) to Relsure Vermont

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Dylan Feringa promoted to director and vice president at PNC

Feringa will consult with commercial insurers and captive insurers on institutional investment solutions

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Truist to sell remaining stake in TIH

Truist Financial Corporation has reached a definitive agreement to sell its remaining stake in TIH

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Pinnacle appoints Mosley as managing principal

Mosley is promoted from principal and will succeed Joe Herbers

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Symphony Grow launches “industry-first” captive solution for cannabis

Through the solution, business owners in the cannabis space can establish their own insurance company

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DARAG completes two captive transactions in NA

Both portfolios insured workers compensation, general liability and auto liability exposure

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Oklahoma reports a 31 per cent increase for captives in 2023

The group issued 20 new licences, with six dissolutions, bringing Oklahoma's total captive insurers to 59

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