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Atlas secures captive manager approval in Texas
28 March 2017 | Charlotte
Atlas Insurance Management has received approval from the Texas Department of Insurance to act as a manager for captive insurance businesses in the state Read more

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29 March 2017 | Columbia
The Risk Authority Stanford (TRA) is expected to acquire PHT Services (PHTS), following unanimous approval by both boards of directors, according to a statement from PHTS Read more

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Spring Consulting sets up series captive
15 March 2017 | Massachusetts | Reporter: Mark Dugdale
Spring Consulting Group has set up a series captive in Delaware.

Bloom Insurance Company has been licensed as a series, enabling businesses and organisations to ‘rent’ out cells rather than create their own captives.

The captive caters for medical stop-loss coverage, according to Spring Consulting, but will be open to insuring other risks.

Karin Landry, managing partner of Spring Consulting, said: “We have found that developing an individual captive can seem complicated or even overwhelming to many businesses.”

“Bloom will streamline this process, helping groups and businesses manage their risk through this innovative funding solution, and eliminating a headache for them.”

Businesses and organisations that rent a cell through Bloom will also have access to Spring Consulting’s employee benefit services, as well as its human capital management system module, which refines and automates HR, payroll and benefits tasks.



Atlas secures captive manager approval in Texas
Atlas Insurance Management has received approval from the Texas Department of Insurance to act as a Read more

TRA Stanford to acquire PHT Services
The Risk Authority Stanford (TRA) is expected to acquire PHT Services (PHTS), following unanimous ap Read more

Bermuda experts host captive education event in Chile and Peru
The Bermuda Business Development Agency (BDA) is set to host forums in Chile and Peru to discuss the Read more

Guernsey must pay attention to UK’s ILS push, says McLaughlin
Guernsey should take the UK ‘seriously’ as it sets up an insurance-linked securities (ILS) regim Read more

R&Q acquires another captive in runoff
ICDC had a total net asset value of $7.95 million at the end of 2016. It redomiciled in Vermont in 2 Read more

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