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DARAG names new head of capital management
Asset management analysis
DARAG Group has appointed a new group head of capital management.   2 August 2021
CIC Services seeks injunction against IRS Notice enforcement
Law & regulation
Captive manager CIC Services has again asked a Tennessee court for injunctive relief to prohibit the Internal Revenue Service (IRS) from enforcing CIC’s compliance with Notice 2016-66.   30 July 2021
Builders Direct partners with insurtech MGA
article
Builders Direct Insurance, the direct insurance business of Builders Group Insurance Solutions (BGIS), has united with specialist insurtech managing general agent Happy Fly.   30 July 2021
article
Ian Cranidge has been named as head of international corporate banking in Guernsey, where he will be responsible for managing the company’s captive insurance and corporate client relationships.   29 July 2021
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The North Carolina Department of Insurance (NCDOI) has invited attendees to meet with its representatives throughout the 2021 NC Captive Insurance Association Conference.   29 July 2021
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Aon has announced a new executive committee, just days after the company revealed that its $30 billion merger with Willis Towers Watson had been scrapped.   29 July 2021
Property and Casualty Acturial
Berkshire Hathaway Specialty Insurance (BHSI) has appointed Caroline Alder-Smurthwaite as head of general casualty in the UK.   28 July 2021
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Strategic Risk Solutions (SRS) has boosted its Guernsey office with hires from Willis Towers Watson and actuarial and consultancy firm BWCI.   28 July 2021
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World class captive industry professionals, including executives from Lloyd’s and Starbucks, are lined up to speak at Vermont Captive Insurance Association’s (VCIA) annual conference in August.   27 July 2021
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Aon and Willis Towers Watson have called off their $30 billion merger deal, citing an impasse with the US Department of Justice (DoJ) as the reason behind the decision to terminate the agreement.   27 July 2021

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