Captive Insurance Industry and Alternative Risk Transfer Market News



Image of Sandy Bigglestone, VT Director of Captive Insurance

It's Not about the Numbers—It's the Quality, Says Sandy Bigglestone

Vermont's Sandy Bigglestone says the captive domicile's leadership position, with its rich captive resources, will continue.
January 22, 2020 Read More
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Modest Captive Growth in 2019 with More Growth Expected in 2020

Captive insurance company formations increased only modestly in 2019, but captive regulators and managers expect more growth this year.
January 20, 2020 Read More
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Butler University Risk Management and Insurance Programs Recognized

Butler University's programs for risk management and insurance professionals have been recognized by "Business Insurance" magazine.
January 15, 2020 Read More
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3 New Year's Resolutions for Captive Insurers in 2020

We recommend three New Year's resolutions your captive may want to adopt in 2020. They encompass talent, risks, and innovation. Each comes with some of our thoughts and recommendations for additional reading. Happy New Year.
January 06, 2020 Read More
Bruce Wright

Moving Your Captive Insurer to a Different Jurisdiction

Bruce Wright of Eversheds Sutherland discusses moving your captive insurance company to a different jurisdiction.
December 19, 2019 Read More
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A Primer on Leader's Intent for Captive Insurers

What is leader's intent all about, and why does it have practical implications for captive insurance companies? This basic primer answers the what, why, and how of the leader's intent management technique.
December 16, 2019 Read More
Business Man Questions SF Feature

What Is the Difference between Self-Insurance and Captive Insurance?

Captive insurance is a type of self-insurance that is available to most business owners, regardless of the size of their enterprise, that offers all the benefits of a fully self-funded insurance plan while providing additional incentives and a risk management framework.
December 11, 2019 Read More
Artificial Intelligence

AI, Risk Management, and Captive Insurance

In this review of the new Federation of European Risk Management Associations white paper on artificial intelligence (AI) and risk management, we specifically look at the eight-step process recommended in the study for beginning the AI journey. We also make suggestions for how captives may begin to embrace this technology.
December 09, 2019 Read More
CICR-John Thomson

John Thomson Helps Captive Insurance Professionals "Connect the Dots"

We hear from John Thomson, who recently assumed the role of "Captive Insurance Company Reports" ("CICR") editor. Mr. Thomson says his approach as "CICR" editor is the same as what he follows in his other professional pursuits. Find out.
December 04, 2019 Read More

Recent News

Join and Our Sponsors at the World Captive Forum 2020

World Captive Forum Time and Place 
Business Insurance will host the 29th World Captive Forum in Miami on January 27–29.
January 23, 2020 Read More

Captive Growth Continues in the North Carolina Domicile

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In its newly released year-end report, the North Carolina Department of Insurance provides additional information about the domicile's 2019 captive insurance company growth.
January 23, 2020 Read More

Congressional Hearing Set To Consider RRG Coverage Expansion

Congress US Capitol 
A House of Representatives subcommittee will hold the first congressional hearing on legislation that would expand the coverages risk retention groups (RRGs) can offer to their policyholder-owners.
January 22, 2020 Read More

Brad Sforza To Head US Property Reinsurance at Hamilton

Brad Sforza head shot 
Brad Sforza will head property reinsurance for Hamilton Insurance Group's new US reinsurance platform in the role of senior vice president.
January 21, 2020 Read More

Cyber Catastrophe Cover Solution Backed by Capital Markets

Computer with Gears - SF 
Beazley and RenaissanceRe recently launched a reinsurance solution for catastrophic cyber events backed by capital markets.
January 21, 2020 Read More

NOAA Assesses US Climate Disaster Events in 2019

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According to the National Oceanic and Atmospheric Administration (NOAA), in 2019, there were 14 weather and climate disaster events with losses exceeding $1 billion each across the United States.
January 20, 2020 Read More

Captive Insurance Company Launched To Insure Crypto Custodian, Gemini

Gemini Constellation 
Gemini, a cryptocurrency exchange and custodian, launched a captive insurance company licensed in Bermuda to insure Gemini Custody™.
January 17, 2020 Read More

Drop in North American Deals Could Drag Down Global M&A Activity

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The global mergers and acquisitions (M&A) market is forecast to struggle to add value in 2020, according to Willis Towers Watson.
January 17, 2020 Read More

Year-End 2019 Commercial Lines Premium Renewal Rates Tick Up

Upward Swing 
Year-over-year, all lines of business except workers compensation experienced an increase in average premium renewal rate.
January 16, 2020 Read More

CICA Essay Contest Finalists Announced

CICA Logo with Smiling Youth Giving Thumbs-Ups 
The Captive Insurance Companies Association (CICA) recently announced the three finalist teams in its student essay contest.
January 16, 2020 Read More

InsurTech eMaxx Energy Group Captive Programs Show Significant Growth

Business Growth SF 
eMaxx recently reported that its Vermont-domiciled energy group captive programs have seen significant growth.
January 15, 2020 Read More

Arizona Continues To Enjoy Steady Captive Growth

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Arizona is continuing to enjoy steady growth as a captive insurance company domicile. In 2019, the domicile licensed nine new captives.
January 14, 2020 Read More

Another Strong Growth Year for Vermont Captives

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Aided by a surge in the number of fourth-quarter licenses, Vermont licensed 22 new captive insurance companies in 2019.
January 14, 2020 Read More