The firm is led by Randy Liu, who brings more than 20 years of experience in catastrophe risk, technology, and the (re)insurance industry, including senior roles at SCOR
Luke Ware brings more than 20 years of experience in broking and risk management, having worked across insurance markets in Australia, London and Asia
The Washington State Office of the Insurance Commissioner has fined one of Maple Shade Assurance’s segregated cells US$5,000 for operating as a captive insurer in the state without registration
Caroline Barr has been named the next Chair of the British Insurance Brokers’ Association (BIBA), succeeding Jonathan Evans at the end of 2025
Though the structure has yet to be outlined, the move is expected to help the Javits Center manage its insurance needs more directly and reduce reliance on the commercial market
Arizona Governor Katie Hobbs has signed HB 2193 into law, which reduces the minimum capital and surplus requirements for protected cell captive insurers to US$250,000
AM Best has affirmed the financial strength rating of ‘A’ (Excellent) for NiSource Insurance Corporation, a single-parent captive insurer of NiSource
IHC is set to launch a global reinsurance platform headquartered in Abu Dhabi Global Market (ADGM), in partnership with BlackRock and Lunate