Josh Smith has joined Alliant Insurance Services as senior vice president and sales director within its Employee Benefits division

Hylant and Toyota Tsusho America have launched Hylant Toyotsu Insurance Services to serve the insurance and risk management needs of Japanese-owned businesses operating in the US

The company has appointed Bernadette Flores as senior vice president of P&C to lead the new division

Kaj Samsom has been appointed commissioner of the Vermont Department of Financial Regulation (DFR), succeeding Sandy Bigglestone, who held the role in an acting capacity for four months

The Federation of European Risk Management Associations (FERMA) has announced that its CEO and secretary general, Typhaine Beaupérin, will step down from both roles in June

Westfield Specialty International has launched a reinsurance division as part of its growth strategy, appointing Chris Gray as divisional director

Irvine Commercial specialises in broking services for local SMEs and offers a range of insurance products

It seeks to overturn a new IRS rule that CIC Services says closely resembles a previous regulation already struck down in court

The US Internal Revenue Service (IRS) has extended penalty relief for taxpayers and advisors involved in certain micro-captive insurance transactions

Helio Risk has onboarded Ken Rowe as senior captive risk consultant, who will bring over 30 years of industry experience

Aon has appointed Erlantz Urbieta as chief broking officer for EMEA, succeeding Terence Williams, who will take on the role of head of Commercial Risk in APAC

Bitcoin could offer captive insurers a valuable tool to preserve the value of reserves in high-inflation environments, according to Meanwhile co-founder and CEO Zac Townsend, following the firm's US$40 million Series A funding round