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AM Best-rated captives generate US$8.2 billion in savings over five years

AM Best-rated US captive insurance companies generate an estimated US$8.2 billion in savings for their parent organisations over the five years to the end of 2025, according to a new Best's Market Segment Report.

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Krehbiel joins Marsh as global strategic client service leader, captive solutions

Marsh appoints Aileen Krehbiel as global strategic client service leader, captive solutions, at Marsh Risk.

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Miller promoted to insurance tax services managing director at Crowe

Crowe promotes Alicia Miller to managing director in the accounting and consulting firm's insurance tax services practice.

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Johnson Lambert launches Financial & Operations Advisory practice

Johnson Lambert launches a Financial & Operations Advisory (FOA) practice, extending the accounting and advisory firm's capabilities across finance and operations support for insurance organisations.

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Masters joins True Captive Insurance as senior vice president of customer operations

True Captive Insurance appoints Casey Masters as senior vice president of customer operations.

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Lockton extends SAGE intelligence platform across wider business

Lockton extends its SAGE enterprise intelligence platform across the wider business, having first introduced the platform within reinsurance broking arm Lockton Re.

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UK D&O rate reductions slow as insurers turn more selective

Marsh reports a slowing pace of UK D&O premium reductions in 2025 as insurers turn more selective, with pricing still around 35 per cent above 2020 levels.

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Davies warns AI agents are amplifying conduct risk for insurers

Davies warns that the growing deployment of autonomous AI agents across underwriting, claims and customer servicing is amplifying conduct risk for insurers in the UK and Ireland.

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AM Best affirms ratings of Apogee captive Prism Assurance

AM Best affirms the financial strength rating of ‘A-’ (Excellent) and the long-term issuer credit rating of ‘a-’ (Excellent) of Prism Assurance, the single-parent captive insurance company of Apogee Enterprises.

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Michigan crop insurance pilot to form captive for regenerative farmers

The Michigan Department of Agriculture and Rural Development (MDARD) and its partners launch a crop insurance pilot that includes the creation of a captive insurance entity for farmers adopting regenerative practices.

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Gitter joins RH CPAs as senior tax associate

RH CPAs appoints Nicholas Gitter as senior tax associate, based in the firm's Lexington office in North Carolina.

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Aon launches enterprise AI risk diagnostic

Aon launches an AI Risk Diagnostic, an enterprise-level assessment designed to help organisations understand and manage risk associated with artificial intelligence.

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