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WRCIC: Domiciles will need to deal with increased competition

Domiciles will have to learn to deal with the increased competition brought by the increasing number of US states with captive legislation, according to Travis Wegkamp, Utah director of captive insurance

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Marsh: More firms using captives to finance emerging risks

Captive insurance vehicles are rapidly growing in popularity as risk managers seek alternative ways to finance emerging risks their organisations now face, according to a report by Marsh

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CIC Services selects CHSI Technologies to fuel growth

CHSI Technologies has been selected by CIC Services, a risk management consulting firm specialising in captive management, to provide enterprise insurance management software

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RFIB owner CCP TopCo rebrands to Risk Transfer Group

The rebranding is part of a strategy to double revenues to £100 million in three years

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Diverse nature of Utah boosts captive growth, says Wegkamp

The diverse nature of Utah’s economy has seen it grow into a world leading captive domicile, according to Travis Wegkamp, captive director at the Utah Insurance Department

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Sure Insurance appoints David Lewis as non-executive chairman

David Lewis has been appointed as the new non-executive chairman of Sure Insurance Services

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Vermont offers onshore alternative to BEAT US Tax Reform

Vermont Governor Phil Scott has signed new legislation into law that strengthens the state’s financial services industry by allowing insurers to form affiliated reinsurance companies

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Aon adds new captive CEO

Aon has appointed John English as its new CEO of Aon Captive and Insurance Management

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Hamilton Re hires new SVP controller

Hamilton Insurance Group’s Bermuda-based reinsurance platform Hamilton Re has appointed Carol Redahan as senior vice president, controller

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Clearwater appoints Chaput as executive chair

Healthcare cyber risk management solutions provider Clearwater Compliance has appointed Bob Chaput as its new executive chairman, with Steve Cagle succeeding him as CEO

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Georgia Supreme Court decision reinforces LRRA

A ruling by the Georgia Supreme Court in favour of risk retention groups has prevented insurance authorities in the state from circumventing federal regulations

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Cayman Islands ‘aggrieved’ by ‘constitutional overreach’ of Anti-Money Laundering Bill

The Cayman Islands government is “deeply aggrieved” by the amendment to the UK’s Sanctions and Anti-Money Laundering Bill, according to a statement from the Cayman Islands Office of the Premier

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