Registration for the Western Area Captive Insurance coverage Convention (WRCIC) 2024 annual convention is open. The convention will happen from 15 to 17 April 2024, at The Tulsa Membership, Curio Assortment by Hilton, in Oklahoma. This yr’s occasion is called: “Captives Unleashed: Extra Worthwhile Than Ever.” Instructional periods, held over two-and-a-half days, are to cowl … Read more
Corporations are more and more changing protected cell firms (PCCs) to single-parent captive insurance coverage firms, in accordance with a panel on the World Captive Discussion board (WCF) in Orlando. This was noticed by Dan Petterson, director of economic examinations for captive insurance coverage in Vermont. He additionally highlighted that he has seen the alternative … Read more
Plenty of challenges stay for ESG in insurance coverage, in keeping with panellists on the World Captive Discussion board in Orlando. Marco Hensel, underwriting lead and senior vice chairman at HDI International, thought of the challenges for underwriters concerning easy methods to value environmental insurance policies, asking “ought to we place reductions on these insurance … Read more
Unbiased insurance coverage agency supervisor Strategic Threat Options (SRS) has appointed Tom Keist as chief business officer, efficient 1 April 2024. He’ll be a part of SRS Altitude, an impartial entity underneath the SRS umbrella that specialises in various danger switch options, the place he’ll lead the enterprise’ growth globally. As well as, he’ll drive … Read more
Alberta has licensed 17 captive insurance coverage corporations since changing into a captive jurisdiction in 2022 and is ready to welcome extra in accordance with Nate Horner, president of the treasury board and minister of finance. The introduction of captive insurance coverage in Alberta, Canada, gives companies with another choice for insurance coverage protection and … Read more
MAXIS World Advantages Community (MAXIS GBN) has partnered with New York-based Maven Clinic, the digital clinic for ladies’s and household well being. MAXIS GBN purchasers will work with Maven to supply their workers entry to the ‘largest’ digital clinic in ladies’s and household well being. The providers accessible embody fertility and household constructing; and maternity … Read more
AM Finest assigns “Glorious” ranking for brand new members of Builders Insurance coverage Group AM Finest has assigned a monetary power ranking of “A” (Glorious) and long-term issuer credit score rankings of “a” (Glorious) to the brand new members of Builders Insurance coverage Group. All headquartered in Georgia, the brand new members embody Crossroads Insurance … Read more
Rob Humphries has joined regulation agency’s Honingman LLP’s insurance coverage observe group as companion. Humphries has greater than 15 years of authorized expertise in captive insurance coverage. He’s dual-qualified as a Cayman Islands and US lawyer, bringing company and transactional insurance coverage expertise gained from a succession of roles to the agency. His observe focuses … Read more
The Captive Insurance coverage Corporations Affiliation (CICA) has introduced the three finalist groups in its pupil essay contest, sponsored by Hylant International Captive Options (Hylant GCS). The scholars could have their essays revealed by Captive Insurance coverage Instances. The three finalists are Harrison White and Bailey Sims of Butler College, Brian Dunn and Rose Gendy … Read more
Connecticut Insurance coverage Division (CID) commissioner Andrew Mais has reported a 37 per cent improve within the state’s captive insurance coverage sector in 2023. This development consists of the addition of 10 new captive insurers, reflecting a 22 per cent improve up from the prior 12 months, and a 108 per cent surge with 13 … Read more