Market News

Vermont experienced strong captive insurance growth in 2024, licensing 41 new captives across 16 industries. The state now has 683 licensed captives and over 30 new protected cells. Vermont continues to lead globally, attracting international companies and supporting businesses with innovative risk management solutions. Momentum carries into 2025 with new licenses issued. Read More

HUB's 2025 Outlook Report provides insights into captive insurance, alternative risk financing, and cyber-insurance growth. It addresses rising premiums, market challenges, and evolving strategies for risk management, offering a comprehensive overview of trends and solutions shaping the insurance industry in 2025. Read More

GuideFire, a Kansas City-based captive advisory firm, has been launched by Jesse Olsen. Offering services in advisory, management, and feasibility, the firm connects captive owners with seasoned expertise. With rising demand for holistic captive solutions, GuideFire aims to enhance value and support for captives across the United States. Read More

Ivans' 2024 Agency Digital Technology Adoption Trends report outlines agents' preference for digital connectivity and insurers' focus on partnerships. Key findings highlight quoting efficiency, real-time tools, and the rise of excess and surplus market connectivity. Data-driven decision-making and automation remain crucial for bridging tech adoption gaps in the insurance industry. Read More

In the January issue of "Captive Insurance Company Reports" ("CICR"), Anne Marie Towle highlights 2025 captive insurance trends, covering auto liability, property, stop-loss, and multinational risk strategies. Learn innovative approaches to manage exposures, including parametric insurance and retention strategies, alongside expert insights on navigating hard markets and emerging risks. Access "CICR" via Vertafore ReferenceConnect or IRMI Online. Read More