Barnett Waddingham has strengthened its bulk annuities and risk transfer team with the appointment of Oliver Ward as principal and risk transfer actuary

The facility, named Nimbus, is supported by a panel of insurers from Lloyd’s and company markets in London and Europe

The president will report to the board of directors and oversee strategic planning, advocacy, education, member services, financial management and staff supervision

Alliance Captive Management has launched ACM Advantage PCC, a protected cell company (PCC) platform

The framework applies to limited purpose insurers, including captives, but excludes commercial insurers and captives consolidated into commercial groups

KPMG Bermuda, in partnership with the Bermuda Captive Network, has launched a US$30,000 scholarship and internship programme to strengthen the island’s domestic captive insurance workforce

Neil Nimmo brings significant industry experience to the role, having previously served as CEO and chairman of Lockton, where he led the firm’s growth and international expansion over a 17-year tenure

ParetoHealth has expanded its executive team with the appointments of Kevin Kickhaefer as chief revenue officer and Jason Meador as chief underwriting officer

The acquisition includes cybersecurity firm Stroz Friedberg and Elysium Digital, which specialise in technology-related IP litigation

Accession’s portfolio includes Risk Strategies, a specialty brokerage firm, and One80 Intermediaries, a wholesale broker and programme manager

A legislative committee in Arkansas has approved preliminary rate proposals for a new state-owned property insurance captive set to launch this summer

Kevin Mead, who joined the VCIA in February 2022, has over two decades of leadership experience in global associations and non-profit organisations