A new captive advisory firm has been establish to address the growing needs of captive firms and alternative risk transfer entities.
A 31- strong Cayman delegation, including the Cayman Islands Premier, will be heading to Anaheim California to represent the jurisdiction’s captive insurance industry at the American Society for Healthcare Risk Management annual conference (ASHRM).
Eurobase Insurance Solutions, a software and services provider with products covering captive insurance, specialty lines, reinsurance, and general insurance, has made a number of appointments to its insurance team and group services team.
Bitcoin wallet firm Xapo is insuring users’ crypto-currency through a Bermuda-domiciled captive, the company has confirmed.
Global professional services company Towers Watson has appointed Eric Speer as global leader for its risk consulting and software business.
Volkswagen’s Dublin-based captive, Volkswagen Insurance Company or VICO, has taken up and now gone live with Eurobase Insurance Solutions’ synergy2 systems.
Security professionals at this year’s Infosecurity Europe exhibition have said that very few have faith in cyber liability insurance, with 63 percent of respondents believing insurers would fail to honour a claim if one was made.
As part of the Bermuda Monetary Authority’s (BMA) 214 business plan an enhanced statutory financial return will become an annual requirement for captive insurers.
Charlotte-based Atlas Insurance Management has won the first three captive insurance licenses issued in North Carolina.
The program is expected to be rolled out globally over the coming months.