Former AIG Executive Megan Thomas Climbs on Board with AXIS Re

Bermuda-based global provider of specialty lines insurance, AXIS Re, has named Megan Thomas as its chief underwriting officer. Based in New York, Ms. Thomas will be responsible for product and portfolio management within AXIS Re. She will join the reinsurance leadership team, reporting directly to AXIS Re CEO Steve Arora.
April 19, 2018 Read More
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David Spratt Joins USA Risk Group as Senior Vice President

David Spratt has joined captive management firm USA Risk Group as senior vice president to serve as a subject matter expert to its clients and prospects. Mr. Spratt has held a variety of consultancy and chief financial officer roles in and around the insurance business.
April 16, 2018 Read More
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JLT Re Appoints Three Executives To Cultivate North American Business

In order to strengthen its business across the region, JLT Re (North America) Inc. (JLT Re) has made three North American executive appointments. The appointments include George Daddario, Peter Chandler, and Chip Ott.
April 12, 2018 Read More
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Conyers Dill & Pearman Appoint Derek Stenson in Cayman

Derek Stenson has joined Conyers Dill & Pearman as a partner in its Cayman Islands Corporate practice. Mr. Stenson's experience includes insurance, reinsurance, and structured products.
April 11, 2018 Read More
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Peter Mullen Will Reunite with Artex

Artex has announced that Peter Mullen will rejoin the company as chief executive officer (CEO)-elect and will begin his position in March 2019 once he has fulfilled his contractual obligations to Aon Captive & Insurance Management, where he has been CEO for the past 7 years.
March 26, 2018 Read More
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Aon Benfield Expands Reinsurance Team in Bermuda

Aon Benfield has announced the expansion and new management structure of its Bermuda team to optimize the increasing opportunities for clients and markets to deploy capital and expertise on the island. Key to the initiative, Matthias Meyenhofer will join the firm as CEO of Aon Benfield Bermuda.
March 21, 2018 Read More
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Chansky and McElhiney To Chair and Vice Chair CICA Board

Joel Chansky, consulting actuary, Milliman, Inc. has been elected chair of the board of directors of the Captive Insurance Companies Association (CICA). In addition to Mr. Chansky, the board elected Steve McElhiney as vice chair. Mr. McElhiney is president of EWI Re, Inc.
March 15, 2018 Read More
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Gary Osborne Appointed Vice President of Alternative Risk Programs for Risk Partners

Gary Osborne has been appointed vice president, Alternative Risk Programs for Risk Partners, a provider of customized insurance and risk management solutions to commercial clients. Mr. Osborne will oversee the growth of the captive and alternative market business and large complex risks, as well as develop risk sharing programs.
March 13, 2018 Read More
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Guernsey Finance Strengthens Hong Kong Presence with New Appointment

Guernsey Finance, the promotional agency for the island's finance industry, has announced that its dedicated Hong Kong presence is paying dividends as it appoints a permanent Hong Kong representative, Dorothy Kwok.
March 09, 2018 Read More

Farewell to a Friend

IRMI is saddened to report the passing of Donald J. Riggin, a captive expert and CEO of the ART of Captives, LLC.
March 07, 2018 Read More
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Paul Bailie To Lead Willis Towers Watson's Bermuda Captive Business

Willis Towers Watson has appointed Paul Bailie as head of its Bermuda captive practice. Mr. Bailie, a 30-year captive insurance industry veteran, will be responsible for business development and designing, forming, managing, and providing strategic guidance to Bermuda captive and insurance management clients.
March 07, 2018 Read More
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CICA President Dan Towle Embraces "The Challenge of Change"

The mission of the Captive Insurance Companies Association (CICA) is to be the premier global domicile-neutral captive insurance association and the best source for unbiased information, knowledge, and leadership for captive insurance decision-makers. recently touched base with CICA President Dan Towle to discuss its upcoming annual international conference.
February 23, 2018 Read More

Tom Hebson—Captive Insurance Person of Interest

As part of our ongoing commitment to provide thoughtful commentary concerning issues impacting captives and the broader insurance markets, we spoke with Tom Hebson. He talks about how his career evolved, the state of the workers compensation markets, and trends captive insurers should be watching.
February 21, 2018 Read More
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Captive Resources Appoints Zurich's Mike Foley and Reveals Succession Plans

Captive Resources, a consultant to group captive insurance companies, has announced the appointment of Mike Foley, former CEO of Zurich North America, to its board of directors. The appointment fills a vacant seat on the Captive Resources board and is the culmination of the company's search for a world-class director.
February 19, 2018 Read More
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2018 RIMS Risk Manager of the Year Awarded to Rebecca Cady

RIMS, the risk management society™, has given the 2018 Risk Manager of the Year award to Rebecca Cady, vice president, chief risk officer of the Children's National Medical Center. Ms. Cady has creatively and effectively used and improved the organization's risk financing and insurance, including restructuring program retentions with the organization's captive insurer and a trust.
February 15, 2018 Read More
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USA Risk Group Appoints Stephen Roseman as President and CEO

Captive insurance management firm USA Risk Group (USARG) has appointed Stephen Roseman as its president and CEO. Mr. Roseman will be responsible for executional oversight of USARG's long-term, client-centric growth strategy and will lead USARG's Operational Leadership Team.
February 06, 2018 Read More
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SRS Expands To Add New Governance, Risk, and Compliance Practice

Strategic Risk Solutions (SRS) has launched a new Governance, Risk, and Compliance (GRC) practice. The GRC practice will provide qualified independent directors, corporate governance consulting, and regulatory compliance to insurers, including captive insurance companies. Derick White will lead the practice.
February 01, 2018 Read More
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Brady Young—Captive Insurance Person of Interest

As part of our ongoing commitment to provide thoughtful commentary concerning issues impacting captives and the broader insurance markets, we spoke with Brady Young. Read his comments on how Strategic Risk Solutions was founded and his thoughts on captives in Europe and Asia and the acquisition of talent.
January 31, 2018 Read More

Capstone Hires AIG Executive Jeff Carlson To Head Its Operations

Capstone Associated Services, Ltd., has appointed Jeff Carlson as its head of operations. Mr. Carlson will replace Charles Earls, Capstone's founding president, who steps down in 2018. Previously, Mr. Carlson led operations and information technology (IT) teams in the improvement of business processes and IT platforms at American International Group, Inc. (AIG).
January 31, 2018 Read More
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Captive Insurance Veteran Jocelyn Lyman Joins JLT Insurance Management

To accommodate its growing number of captive insurance industry clients, JLT Insurance Management (USA), LLC, has hired Jocelyn Lyman as its newest senior account manager. Ms. Lyman is a 10-year veteran of the captive industry and was previously senior account manager for Vermont-based Alterna, LLC.
January 22, 2018 Read More