Singapore
29 January 2018
Reporter: Becky Butcher

Artex opens Singapore office


Artex has launched Artex Risk Solutions Singapore to oversee the growth and development of the firm’s Asia Pacific captive and risk solution strategy.

As part of the opening, Vic Pannuzzo has been hired as CEO for the new office.

Nick Heys, CEO of Artex International, commented: “We’re delighted to bring Vic into the Artex family. With over 30 years of experience serving large multinationals in the insurance and risk services industry within the Asia Pacific marketplace, the last 17 managing and advising captive clients and prospects, Vic Pannuzzo is well-equipped to establish Artex as the premier provider of captive services in the region.”

David McManus, Artex president and CEO, added: “We have a number of clients in the Asia Pacific region already and believe that we now have a great opportunity to release the untapped potential in that marketplace. This expanded global reach also enhances the variety of solutions Artex offers our customers worldwide.”

More news
The latest news from Captive Insurance Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
Funds approved for ‘crumbling foundations’ captive
21 February 2018 | Connecticut | Reporter: Ned Holmes
The Connecticut State Bond Commission has approved $350,000 to set up a non-profit captive insurer, which is a state government solution for an issue impacting a reported 5000 homes in the state
Crawford launches workers compensation service
20 February 2018 | Atlanta | Reporter: Ned Holmes
Crawford & Company has expanded its service portfolio in Australia to include workers’ compensation.
Kansas to alter captive laws
20 February 2018 | Kansas | Reporter: Ned Holmes
The Kansas state government has submitted a bill to update and modernise captive insurance laws in the state
ZIC and Zale Life ratings downgraded
19 February 2018 | New Jersey | Reporter: Ned Holmes
A.M. Best has downgraded the financial strength rating of Zale Indemnity Company (ZIC) and its wholly-owned subsidiary, Zale Life
Tax shelter micro captives bubble set to burst, says Adkisson
16 February 2018 | Las Vegas | Reporter: Ned Holmes
The tax shelter micro captive bubble is set to burst in 2018, resulting in large numbers of such companies to surrender their licenses, as many did last year, predicts Jay Adkisson, partner at Riser Adkisson
Leadership shuffle at Captive Resources
15 February 2018 | Illinois | Reporter: Ned Holmes
Group captive insurance consultant Captive Resources has appointed former Zurich North America CEO Mike Foley to its board of directors
Vermont proposes branch captive legislation updates
14 February 2018 | Montpelier | Reporter: Becky Butcher
Vermont has proposed to update its branch captive legislation to require branch captives to designate the state’s commissioner of the Department of Financial Regulation as its agent for service of process