Kent Sullivan has resigned as Texas Insurance Commissioner to return to the private sector.
The International Center for Captive Insurance Education (ICCIE) has made some changes to the ICCIE CE Subscription programme and the ACI Alumni Network (AAN) to make the maintenance of the Associate in Captive Insurance (ACI) designation more convenient and affordable.
The Self-Insurance Institute of America (SIIA) has opened registration for a virtual Mentor Connection Forum that is due to be held on November 18-19, 2020.
Bowring Marsh, Marsh’s international placement specialist, has hired Mark Simons as senior vice president on its financial and professional liability (FinPro) placement team.
Brittany Nevins has joined Vermont’s Department of Economic Development as captive insurance economic development director.
AM Best has revised the outlook of Samsung Reinsurance (SRE) to negative from stable, noting the business, which is largely providing captive insurance to Samsung, remains sensitive to claims frequency, and to pressure on its combined ratio.
The Bermuda Captive Conference attracted almost 900 people between September 9 – 11, a record attendance for the event.
Businesses are being visited by the four horsemen of the hardening market, according to Oliver Schofield, managing partner at RISCS and head of captive and alternative risk transfer at Principal Re.
Marsh has appointed Tamara Franklin as chief digital, data, and analytics officer.
At least 25 captives managed by Marsh are writing coverage for pandemic risks, according to a Marsh report titled Captives Offer Value in Uncertain Times.