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Symphony Grow launches “industry-first” captive solution for cannabis
19 February 2024
US Reporter Frances Jones

Through the solution, business owners in the cannabis space can establish their own insurance company

CAC Specialty hires cannabis expert Jeffrey Samuels
19 October 2023
US Reporter Frances Jones

Samuels brings more than 15 years of experience in cannabis, insurtech and other high-growth industries to the role

One80 acquires GMI Insurance to expand transportation practice
01 September 2023
US Reporter Frances Jones

GMI is a Pennsylvania-based managing general agent

Saint Mary’s University students win 2023 CICA essay contest
07 March 2023
US Reporter Jenna Lomax

Saint Mary’s University seniors Olivia Faulkner and Zane Smith received first-place honours and a US $2,500 prize in the 2022-2023 Captive Insurance Companies Association college student essay contest

CICA announces 2023 top three essay contest finalist teams
11 January 2023
US Reporter Lyndsey Young

The students will compete for cash prizes and present the CICA 2023 International Conference

CICA announces case studies for 2023 essay contest
16 September 2022
US Reporter Jenna Lomax

The CICA Essay Contest invites two-person teams of college risk management and insurance students to describe how and why a captive insurance company could be used as a cost-effective means of alternative risk financing for emerging risks

Temple University students win 2022 CICA essay contest
07 March 2022
Arizona Reporter Rebecca Delaney

Seniors Matia Daskalos and Vincent Palmieri from Temple University have been awarded first place honours in the Captive Insurance Companies Association College Student Essay Contest

WCF: Cannabis captives still struggle with reputation
14 February 2022
Florida Reporter Rebecca Delaney

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

Features
Full feature search for "Cannabis"
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An emerging solution

The past few years have seen eye-watering rates for companies seeking D&O liability insurance. Barney Dixon looks at the solutions that emerged to solve this issue and whether or not captives are a suitable alternative to traditional Side A coverage as rates return to normal

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A conference of collaboration

The NCCIA’s annual conference held in Asheville, North Carolina showcased more than 40 speakers representing the best of the global captive insurance industry

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Ready to roll

As a key emerging market tapped by captives, how does the cannabis industry address risk and insurance in the face of misconceptions and a challenging federal mandate in the US?

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Time to regroup

Bill Hodson of Gulfstream Risk Advisors, Derrick White of SRS, and Chris Payne of CLIC RRG talk to Rebecca Delaney about the advantages and challenges in using an RRG, as well as how members can ensure stability

Interviews
Full interview search for "Cannabis"
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Joseph McDonald
South Carolina Department of Insurance

Joseph McDonald, director of captive insurance at South Carolina Department of Insurance, talks to John Savage about his first year in the role and his predictions for the US captive landscape

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Kim Wiley
ASW Law

With a rise in cannabis businesses looking to captive insurance programmes, Kim Wiley, senior counsel at ASW Law, discusses the reasons behind the interest and some of the challenges that remain

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Leslie Robinson
Bermuda Captive Conference

With the Bermuda Captive Conference due to take place virtually again this year, the event chair Leslie Robinson discusses what’s on the agenda this year and the current captive climate in Bermuda

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Denise Kelly
Pentacle Data

Denise Kelly of Pentacle Data talks about her new ready-to-use insurance platform and highlights why it is important captives continue to innovate to meet client needs

Country profiles
Full country profile search for "Cannabis"
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Bermuda

Members of Bermuda’s captive industry talk to Rebecca Delaney about the island’s promising captive market bolstered by, among other factors, emerging structures and economic substance requirements

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Barbados

Kirk Cyrus of SRS Barbados, Darren Treasure of London & Capital, and Gregory Smith of Deloitte discuss current market conditions in the captive industry of Barbados, and the landscape of emerging risks

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Utah

Travis Wegkamp of Utah Insurance Department explains that the state is seeing larger companies move to the state with more robust risk management programmes, higher premium volume, and a long-term outlook for the use of their captive

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Bermuda

As a leader in the captive industry, Bermuda continued to see a year-on-year increase to its captive figures in 2019. Industry experts discuss current market trends, regulation and what to expect for this year

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