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MAXIS Global Benefits Network has launched MAXIS WIT (Wellness Intelligence Tool), a new digital service to help organisations calculate potential medical cost savings resulting from changes in employees’ behaviours and lifestyles. 9 October 2019
Analysis
Marsh has dismissed the accusation “that cyber insurance has served as an incentive for cyber extortion attacks” and that the insurance industry benefits from such attacks. 9 October 2019
Analysis
Risk Strategies has named John Mina, its president, as CEO, succeeding Michael Christian, who will move to the executive chairman role. 9 October 2019
article
Too many insureds buy too much insurance, and do not take advantage of significant savings that can be gained by better analysing loss history, says Randall Davis at Delphi Risk Management. 8 October 2019
Analysis
The Delaware Captive Insurance Association will host a conference on October 15 at the Hyatt Place Wilmington Riverfront, exclusively for its members. 8 October 2019
Analysis
Artex’s acquisition of Horsehoe will benefit Artex’s captive clients, according to Peter Mullen, CEO of Artex, by increasing the talent available to them and delivering operational efficiencies. 8 October 2019
Analysis
The Captive Insurance Companies Association has invited college insurance and risk management students competing in its 2019-2020 Captive Insurance Solutions for Emerging Industries essay contest to choose from three possible topics. 7 October 2019
Analysis
Berkley Accident and Health has expanded the capabilities of its clinical support platform, Berkley Edge, to help clients lower large claim costs and improve plan sponsors’ overall cost of health care. 7 October 2019
article
Too many captives are preoccupied with maintaining the status quo, rather than focusing on growth and innovation. They are missing a considerable opportunity to deliver greater value for their owners, as Andy Barile, founder of Andrew Barile Consulting, which is 20 years old next year, told Captive International. 5 October 2019
IT & claims management analysis
Investing in the best available technology is vital for the future success of a captive. Although the best technology is not cheap, this short-term cost is likely to pay for itself relatively quickly by improving pricing, improving internal and external communication and increasing efficiency, says Sean Barnes at United Educators Insurance Company, a reciprocal risk retention group. 4 October 2019
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