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AM Best withdraws credit rating of Evergreen Insurance
06 March 2025
Hong Kong Reporter Karl Loomes

The ratings have been withdrawn at the request of the company, which no longer wants to participate in AM Best’s interactive rating process

Aon launches employee benefits cell captive facility
06 March 2025
Ireland Reporter Karl Loomes

The solution will integrate with Aon’s Risk Capital and Human Capital capabilities, offering an alternative risk transfer strategy

Barnard promoted at Blackwell Captive Solutions
05 March 2025
US Reporter Karl Loomes

In this new role, Taylor Barnard will be responsible for optimising revenue processes, enhancing operational efficiency, and supporting strategic growth initiatives

NFP acquires Lyons Insurance Agency
05 March 2025
New York Reporter Karl Loomes

The Aon company says the addition will bring further P&C, employee benefits, and personal lines capabilities to its Atlantic region

Optio Group expands Scandinavian footprint
04 March 2025
UK Reporter Karl Loomes

The firm says this acquisition of Norway-based S Insurance marks a strategic step in creating a diversified buy-and-build platform of speciality MGAs across Europe

Swiss Re appoints McDonald as Group Chief Underwriting Officer
28 February 2025
Switzerland Reporter Diana Bui

Kera McDonald, who joined Swiss Re in 2006, brings over 30 years of professional experience

Marsh Captive Solutions names Serricchio as Regional Leader
27 February 2025
US Reporter Diana Bui

Michael Serricchio joined Marsh in 2005 as senior vice president for captive consulting and was promoted to managing director and Americas consulting leader at Marsh Captive Solutions in 2017

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Latest issue 278
Issue archive
Inside this issue

In this issue of Captive Insurance Times, Karl Loomes sits down with Jason Stevenson, director at ALT/r Consulting, to discuss the role of an independent consultancy and how to advise clients interested in captives.

As digital assets gain traction, the Bermuda Monetary Authority has adapted its regulatory framework, creating new opportunities for captive insurers in this evolving space.

Elsewhere, Diana Bui talks to Diana Hardy and Bailey Roese, co-chairs of CICA’s NEXTGen initiative, about strategies for attracting more young talent to the captive insurance industry.

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Interviews
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John Michael Alexander and Ryan Basnett
South Carolina Department of Insurance

John Michael Alexander and Ryan Basnett from the South Carolina Department of Insurance explain the competitive advantages for small and medium-sized businesses when choosing South Carolina as the domicile to establish their captives

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Fenhua Liu
Connecticut Insurance Department

Connecticut Insurance Department’s Fenhua Liu talks about the upcoming CT Captive Insurance Forum and the plans to accelerate the captive growth in the State

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Waqqas Asghar
RH CPAs

Waqqas Asghar, audit director at RH CPAs, speaks to John Savage about harnessing captives to optimise financial benefits during mergers and acquisitions and initial public offerings

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Jacqueline Quintal
Marsh

Jacqueline Quintal, managing director in Financial Institutions Group at Marsh, sheds light on the use of digital assets in the captive insurance space

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Features
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Mastering risks through captive insurance

Tibor Boettcher, CEO and executive director of Volkswagen Insurance Company, shares with Diana Bui how the captive plays a crucial role in the automotive giant’s risk management strategy

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No fate but what captives make

The rise of AI has been swift, but must captive insurance accept the technology as an inevitability and adapt, or resist?

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Partnerships shaping Connecticut’s captives

Leaders from key organisations share insights on regulatory support, economic impact, and the evolving role of InsurTech in the captive market

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Domicile profiles
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Barbados

Carmel L. Haynes, executive director at Barbados International Business Association, highlights the significance of the upcoming Barbados Risk & Insurance Management 2025 Conference in fostering innovative solutions and global collaboration in the industry

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Europe

Experts from AM Best delve into transformative trends in European captive insurance market, outlined in their latest report ‘New Domiciles Are Changing the Landscape for the European Captive Insurance Segment’

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Hong Kong

The success of Hong Kong’s current cohort of captives is spurring the jurisdiction’s leaders and regulators into action in a bid to encourage local and Chinese companies to follow suit

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Delaware

Delaware’s rise as a key player in captive space is no accident, with its robust regulatory framework, strategic location, and commitment to responsive service making it a top choice for businesses

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