Midwest Employers Casualty, the Berkeley company, has hired a new underwriter.
Rated US captive insurance companies continued to outperform their commercial market peers in 2020, according to an AM Best report.
Hylant has acquired Cobalt Benefits, expanding its employee benefits services in the Elkhart, Mishawaka and South Bend communities of Indiana.
Aon has hired a new managing director to strengthen its managed care team within its US reinsurance solutions business.
Amwins, a global distributor of specialty insurance products and services, has acquired National Truck Underwriting Managers (NTUM), a truck insurance wholesaler offering access to primary liability, physical damage and motor truck cargo package policies.
The Irish Small and Medium Enterprises Association (ISME) has invited expressions of interest from underwriters, insurance brokers and allied professionals as it looks to enhance Ireland as a domicile for captive insurance companies.
HUB International, the full-service global insurance broker and financial services firm, has launched a new cannabis benefits captive.
Pandemic risk exclusions are playing a significant role in driving up demand for captive insurance programmes, according to a report by Aon, titled Reprioritizing Risk and Resilience for a Post-COVID-19 Future.
Captive insurers are paying a large majority of COVID-related claims they are receiving, according to a report by the Self Insurance Institute of America (SIIA).
Aon has named a new chief broking officer for the EMEA region, excluding the UK.