CIC Services has hired Shoshanna Simmons to lead its client services division as it responds to increased demand for captive insurance solutions.
Strategic Risk Solutions (SRS) has hired a new director in Bermuda from AXA XL.
PMA Companies, the captive manager and third party administration provider, has named Derek Hopper as executive vice president and chief underwriting officer.
Artex Risk Solutions has promoted a new managing director in its Guernsey office.
Elevate Risk Solutions, the captive manager and consultant, has rehired a former employee as managing director of operations and legal.
Hylant Global Captive Solutions has hired another graduate from Butler University.
Anguilla Finance (AF) has ceased to function as Anguilla’s financial services marketing arm as of the end May 2021.
Pro Global Holdings, the re/insurance outsourcing and consulting provider, has hired a solicitor to oversee investigation and management of abuse and care claims.
Tennessee has approved updates to its captive insurance statute that it believes provide a strong incentive to captives to domicile in the state, as it seeks to keep up the momentum that saw strong growth in the captive sector in 2020.
The London Market Group (LMG) has called for policymakers to promote London as a centre for captive insurance companies, as part of a five point plan to develop the UK’s re/insurance industry.