“The industry needs to come together to agree on global standards.”
This was observed by Dan Petterson, director of financial examinations for captive insurance in Vermont
The COVID-19 pandemic has “lit the spark” for increased interest around medical stop-loss captives, as discussed in a session at the World Captive Forum in Miami last week
Misconceptions surrounding the cannabis industry continue to pose challenges for cannabis-related companies looking to implement effective risk management and insurance frameworks, as discussed in a session at the World Captive Forum last week
The insurance industry has an important role to play in adaptation and mitigation measures to tackle the effects of climate change, according to Sheri Wilbanks, head of group risk management, property and casualty climate and sustainability at AXA XL
“The stars are aligned for cannabis in captives now”, according to Ross Ellick, equity partner at Wilson, Elser, Moskowitz, Edelman & Dicker
Captive insurance will play an even more important role with the potential new developments from President Biden’s new administration as the US Government rolls out potential new legislation and focuses in the space, according to Mikhail Raybshteyn
Having a captive adds strength and stability to the operations of the parent company, especially when faced with some of the challenges we are right now, according to Christine Brown from the VDFR on a panel at the World Captive Forum
The 2024 World Captive Forum will take place on the 24 to 26 January at the JW Marriott Orlando Grand Lakes Resort in Florida. Gavin Souter, editor of Business Insurance, provides CIT with an exclusive preview of the event
Although this year has been difficult for many, it seems 2020 has been favourable for the captive insurance market. Industry participants reflect on this year’s trends and challenges
Turnberry Isle played host to the first major captive conference of the year, welcoming 330 delegates to Florida to explore what may be in store for captives over the course of 2019