London
01 August 2016
Reporter: Becky Butcher

CapAlt opts for Websure’s admin platform


Websure has entered into an agreement to supply its administration platform to Captive Alternatives (CapAlt), as of November 2016.

Captive Alternatives selected Websure to handle both the administration and reporting requirements of CapAlt, Madison Re and its Protected Captive clients.

David Kirkup, COO and CFO of CapAlt, said: “As part of our commitment to clients, we were looking at ways in which technology solutions could help us administer client business and support strategic decision making.”

He added: “It will allow us to streamline our approach to risk analysis and assessment through the timely provision of accurate management information. As we move into a tremendous growth curve, we are looking forward to the productivity efficiencies that we will gain as a result of the implementation and to successful partnership with Websure.”

More technology 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
Two funds complete trade on ILSBlockchain
12 December 2017 | St Peter Port | Reporter: Ned Holmes
Two funds have completed what is believed to be the first secondary market securities trade on notes digitised on the ILSBlockchain, a private blockchain set up by Guernsey incorporated cell company Solidum Re.
VADA to use CHSI Technologies cloud-based system
29 November 2017 | Nevada | Reporter: Becky Butcher
Virginia Automobile Dealers Association Group Self-Insurance Association is set to implement the CHSI Technologies cloud-based suite of configurable core systems software
Eurobase’s synergy2 to support Sigurd’s captive operations
9 November 2017 | London | Reporter: Lorella Fava
Sigurd Rück AG (Sigurd), the captive of Saipem domiciled in Zurich, Switzerland, has selected Eurobase Insurance Solutions’s synergy2 to support its captive operations
Allianz explores blockchain for captives
07 November 2017 | London | Reporter: Stephanie Palmer
Allianz Global Corporate & Specialty has implemented a blockchain prototype for a global captive insurance programme, intended to improve the efficiency of international corporate insurance transactions
Cybercrime losses set to increase, says cyber risk expert
12 October 2017 | London | Reporter: Becky Butcher
Losses from cybercrime are only likely to increase because of far-reaching global connectivity, warned James Trainor, Aon’s senior vice president of cyber solutions
Insurers are increasingly concerned about “silent cyber” exposure, a recent Willis Re poll revealed.
Aon launches captive feasibility app
09 August 2017 | Illinois | Reporter: Becky Butcher
Aon has developed an app, Aon Captivate, for clients to assess whether a captive is the right solution for them through a full feasibility study