Advantage Insurance, a provider of customised insurance solutions and captive manager, has opened an office in Burlington, Vermont, to support the growth of its captive insurance services business.
JLT Insurance Management (USA) has appointed Jocelyn Lyman to the position of senior account manager, based in Vermont.
Martin & Company, a provider of insurance consulting and regulatory services based in Pennsylvania, has created an employee benefits consulting division and expanded its life, accident/health department.
Specialty P&C transportation insurer National Interstate has launched a group rental captive designed for the towing and recovery industry, TowCap Premier, the first captive of this type within this sector.
Inter Insurance Agency has partnered with New York Independent Automobile Dealers Association (NYIADA) to form a new risk retention group (RRG), the first to be domiciled in Oklahoma.
International law firm Conyers has appointed Paul Naylor as its chief operating officer, effective April 1.
Randall & Quilter Investment Holdings (R&Q) is selling its insurance services and captive managements operations to Davies Group, an operations management, consultancy and digital solutions provider.
The tax advantages of international captives may decrease as a result of The Tax Cuts and Jobs Act, which may in turn lead to decreased usage, according to George Hansen, senior industry research analyst at AM Best.
Labuan International Business and Financial Centre (Labuan IBFC) held a session on January 10 aimed at updating market intermediaries on the strategic direction of the Centre in 2018.
Willis Towers Watson has appointed Alex Steele and Russell Nicholson to its Guernsey financial institutions practice.