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RYSKEX among insurtechs to join Lloyd’s Lab development hub


RYSKEX, an AI-driven hedging platform for emerging risk that bring together risk management, captive insurance units and institutional investors, is among the second cohort of 12 teams to join Lloyd’s Lab, the experimental development hub to explore ways to boost efficiencies at Lloyd’s of London.

Accenture and Generali introduce blockchain solution for captives


Accenture and Generali Employee Benefits (GEB) have introduced a blockchain solution to improve the reinsurance process for captives in the employee benefits industry.

AM Best upgrades Sony's Bermuda captive


Ratings agency AM Best ha upgraded the financial strength rating of Sony's Bermuda-based pure captive PMG Assurance from A- (Excellent) to A (Excellent).

CHSI Technologies releases captive management software

North America21-01-2019

Insurance software provider CHSI Technologies has created captive management software designed to improve efficiency, transparency and compliance.

Employee Benefit Management Service names CEO

North America15-01-2019

Employee Benefit Management Services (EBMS), a healthcare management company based in Montana, has appointed James Vertino as its CEO.

Davies Group acquires AML services provider Veriphy


Insurance service provider Davies Group has acquired Veriphy, a specialist KYC (know your customer) and AML (anti money laundering) compliance solutions SaaS (software as a service) business.

BevCap bolsters benefits offering through partnership

North America28-08-2018

BevCap Management, a provider of captive insurance, benefits consulting and risk management services, has entered into a strategic partnership with virtual physical therapy company Reflexion Health, which will provide BevCap clients with a digital platform enabling clinicians to remotely monitor patients.

Willis Towers Watson introduces financial modelling tool for captive owners

North America01-08-2018

Willis Towers Watson has introduced a digital tool to help organisations analyse the financial feasibility and future profitability of their captive insurance strategies.

Marsh taps Accenture for new cyber risk consulting role

North America09-07-2018Insurance

Marsh has appointed Kevin Richards to the newly created role of global head of cyber risk consulting, based in Chicago.

Captives sector can do more to educate young people on career opportunities


While much is already being done, the captive industry on Bermuda in particular would benefit from more being done in schools and universities to educate young people about the opportunities the industry can offer – especially as technology becomes more important to risk-transfer and the industry will rely on millennials to drive this forward.

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Captive International