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Holmes Murphy, the employee-owned and controlled insurance brokerage, has acquired Global Captive Management (GCM). 24 September 2019
Analysis
Risk Strategies has made the latest in a series of acquisitions with the purchase of Pro Safety Services, which provides safety and loss control services to construction companies, builders, and other industries. 24 September 2019
Analysis
Mary Frances Miller, the former president of the Casualty Actuarial Society and current board member of the Tennessee Captive Insurance Association, has been inducted into the Robert E. Musto Tennessee Insurance Hall of Fame. 23 September 2019
Analysis
More than half of small and medium-sized enterprises (SME) will introduce or expand the benefits they offer staff in a bid to improve recruitment and retention, according to research by MetLife UK. 20 September 2019
Analysis
Risk Strategies, the privately held national insurance brokerage and risk management firm, has named Brad Gabbard as senior vice president in its national healthcare practice. 20 September 2019
Analysis
The European cyber insurance industry is growing rapidly, according to a report by the European Insurance and Occupational Pensions Authority (EIOPA). 19 September 2019
article
Insurers have always tried to ensure that the incentives of their clients align with their own. But captive insurers have fewer concerns around moral hazard than their commercial counterparts, says captive insurance consultant and retired principal of WTW, Hugh Rosenbaum. 19 September 2019
Accounting & tax analysis
The IRS is on a winning streak against 831(b) captive insurance companies, and as such could afford to take a tough line in its settlement offer to some micro captives, says Matthew Queen of Venture Capital Management. 18 September 2019
Analysis
The Internal Revenue Service is making a time-limited settlement offer to a number of captives that it said “participated in abusive micro-captive insurance transactions.” 17 September 2019
article
Too often in the past, captive boards have neglected to properly oversee the governance of their investment portfolios. But the governance of the captive board and the governance of the captive investment portfolio must be treated as one and the same thing, says Sara Hakim, senior vice president of Callan. 17 September 2019
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