In the second article of three on the use of blockchain in captives, Marcus Schmalbach of BlockART Institute investigates use cases and fields of application for existing captives, as well as potential reasons to set up a new captive within a company.
As the captive market has grown and thrived it has also caught the attention of regulators at all levels. This is something of a double-edged sword for a sector that thrives on innovation, argues Robert Myers of law firm Morris, Manning & Martin.
Implementing ACORD Standards improves data quality and flow, increases efficiency, and realises billion-dollar savings to the global insurance industry, as Bill Pieroni, president & CEO of ACORD, explains.
One of the most closely watched cases in the captive industry has drawn to a close, and the IRS has scored a win against 831(b)s in the case of Avrahami v Commissioner. Various experts weigh in on what can be taken away from this result.
Many US states are passing legislation that allows them to become domiciles for captives—more than half now have this facility. In a growing and increasingly complex market, what does that mean for owners seeking the right domicile for them? US Captive reports.
The increasingly complex needs of companies is driving demand for captives, especially now as more innovative structures enter the fray. Captive International reported live from the Vermont Captive Insurance Association (VCIA) on the changing industry landscape full of new risks and new solutions.
The banking and insurance sectors are not alone in engaging in heated debate about the opportunities, risks, and potential applications offered by blockchain technology. How will it affect alternative risk transfer—and especially the captives market? Marcus Schmalbach of BlockART Institute investigates.
Hugh Rosenbaum, captive consultant and retired principal of Willis Towers Watson, addresses the entitlement to profits—the third and sometimes most difficult of obstacles to overcome in the design stages of a group captive.
831(b) captive insurance companies have been under the microscope for six months as the Internal Revenue Service subjects them to the greatest possible scrutiny. What’s behind this sudden concern? US Captive investigates.
With the OECD’s base erosion and profit shifting (BEPS) measures rolling out in the US, captive insurance companies find themselves under increased scrutiny from the IRS, which wants to clamp down on potential tax avoidance vehicles. US Captive explores the implications.