Insurance fronting company Concert Group Holdings has formed Concert Specialty Insurance Company, an excess and surplus lines carrier domiciled in Montana

BevCap Management has appointed Joshua Lees as director of consulting

Commercial insurtech provider Coalition is set to launch a new captive to take risk on its cyber insurance programmes

Celia Clark, the lawyer that helped to form the micro captive insurance company in the landmark Avrahami case, has filed a lawsuit against the Internal Revenue Service seeking refund for the partial payment of penalties

Professional services and technology firm Davies has acquired US-based insurance actuarial consulting firm Merlinos & Associates to strengthen its global insurance services offering

International insurance company Ryan Specialty Group is set to acquire certain assets of alternative risk insurance specialist Keystone Risk Partners in a transaction that is expected to occur later this month

Risk Management Solutions has expanded its partnership with global speciality reinsurer Canopius to develop and strengthen the latter’s climate change risk analysis using RMS Climate Change Models

A.M. Best has affirmed the financial strength rating of ‘A-’ (Excellent) and the long-term issuer credit rating of ‘a-’ (Excellent) for Jamestown Insurance Company, a single-parent captive of Hess Oil and Gas Holdings

Helmsman Management Services has appointed Ryan Burke as senior account executive

Risk Strategies has acquired insurance and employee benefits agency Meeker Sharkey & Hurley to expand the specialty insurance brokerage and risk management firm’s retail insurance operations

Marsh has appointed Matthew Latham as alternative risk transfer leader

There are several tax pitfalls prospective parent companies must be aware of when setting up a captive insurance company, according to a new guide by Ernst & Young