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Charles Taylor has launched a new asset protection programme for Latin American small and medium-sized enterprises, designed to protect them from the costs of catastrophe insurance deductibles Read more

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Utah approves Caitlin Morgan as captive manager
16 February 2017 | Salt Lake City | Reporter: Becky Butcher
Caitlin Morgan Captive Services has been approved by Utah to serve as a captive manager in the state.

Caitlin Morgan provides captive management solutions, offering insurance, risk management, and underwriting expertise to captives; developing and evaluating business plans and preparing financial statements; managing captive service providers and vendors; producing financial reports for the captive’s board of directors and maintaining regulatory reporting.

As of January, Utah had a total of 462 active captive companies and 74 active cells.

The Utah Captive Insurance Division licensed 68 new captive insurance companies in 2016, as well as 13 cell captives.

In addition to the captive growth, the Utah captive division implemented new processes for insurers, including an upgrade to its online forms and applications.

According to the Utah captive division, 2017 will be another “great year” for the domicile.



Catastrophe product launched for LatAm SMEs
Charles Taylor has launched a new asset protection programme for Latin American small and medium-siz Read more

Aon and SS&C launch ILS platform
Aon Insurance Managers and SS&C Technologies have launched a joint platform intended to simplify ins Read more

Delaware launches search for new captive director
The Delaware Department of Insurance is on the hunt for a new director of its bureau of captive insu Read more

Potential tax reforms pose questions for captives
Captive insurers should pay attention to US President Donald Trump’s proposed tax reforms, but the Read more

Beecher Carlson expands US operations
Beecher Carlson Insurance Services has expanded its operations in the US with the appointment of Kei Read more

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