FERMA highlights importance of risk-sharing
President of FERMA stresses areas of concern at FERMA Forum.
Midwest Employers Casualty names new underwriter
Midwest Employers Casualty, the Berkeley company, has hired a new underwriter.
US rated captives outperform commercial peers in 2020: AM Best
Rated US captive insurance companies continued to outperform their commercial market peers in 2020, according to an AM Best report.
Hylant expands employee benefits offering in Indiana with acquisition
Hylant has acquired Cobalt Benefits, expanding its employee benefits services in the Elkhart, Mishawaka and South Bend communities of Indiana.
Aon strengthens its US managed care reinsurance practice
Aon has hired a new managing director to strengthen its managed care team within its US reinsurance solutions business.
Amwins expands transportation offering with trucking insurance acquisition
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.
Irish Small and Medium Enterprises Association calls for help promoting captives in Ireland
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 launches EB captive for cannabis companies
HUB International, the full-service global insurance broker and financial services firm, has launched a new cannabis benefits captive.
Pandemic exclusions driving increased demand for captives: Aon
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.
Captives paying out more than 80% of COVID-related claims: SIIA
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).