Captive stop-loss: a smarter way to cover employee medical plans
In recent years, captives have gone from being just one of several options in companies’ risk management arsenals to being viewed as strategically important tools whose value is seen across organisations, says Mike Serricchio of Marsh’s Captive Solutions Group
A rising tide: and ships are choosing Bermuda
Bermuda must remain innovative, nimble and wary of too much regulation to stay ahead of the game, according to a panel of experts in the captive insurance sector at a roundtable sponsored by Appleby.
Silent evidence in the captive insurance landscape
‘Silent’ evidence is information we don’t have access to due to the type of data being collected or our own inability to recognise that it exists, and it needs to be taken into account when considering risk placement for a captive, says Enoch Starnes of SIGMA Actuarial Consulting Group.
Bureaucracy or autonomy: control vs innovation
Today, most underwriting decisions are made by committees, split equally between the lawyers and the actuaries rather than the underwriters, without bringing better results, says Greg Lang of the Reinsurance and Insurance Network.
‘23 and me (and you and the Fed)
Given the Democrats’ control of the house, senate, and executive it seems unlikely we will see a rate increase in 2022, says Jack Meskunas of Oppenheimer.
Mergers under ‘common control’—a problem shared is a problem halved
Economic disruption wrought by COVID-19 continues to impact decision-makers across industries. The insurance sector was no exception to the hardening marketplace, particularly for actors within the healthcare sector. Boards of directors require a creative and flexible approach to weather this storm, write Dara Keogh, Alan Shek and Preshan Moodliar of Grant Thornton.
Streamlined account opening supports Guernsey’s buoyant captive insurance market
Lloyds Bank International’s new account opening service has been well received by the industry and captive managers in Guernsey.
Captives must grasp ESG – or put their own usefulness at risk
Captive owners and managers who fail to grasp the growing importance of sustainability and ESG (environmental, social and governance) risk being left behind, missing commercial opportunities, or perhaps the most concerning – the value of their own function becoming tarnished. Damian Payiatakis and James Larkin from Barclays tell Captive International how a captive’s role can change given these powerful trends.
Why it could be make or break for insurers’ relationships with risk managers
AMRAE has been pushing for the French government to facilitate captive formation in France.
A day in the life of a captive consultant
Bruce Whitmore of Willis Towers Watson provides an overview of the skills captive consultants must develop and the questions to be asked on a daily basis.
