News

USA analysis

Valenz unveils CaptiV, "the next generation of MSL group captives”

Valenz has launched CaptiV, a medical stop loss (MSL) group captive programme for self insured employers with fewer than 1,000 employees, in partnership with MSL Captive Solutions.   4 February 2021

Executive Appointments

Barclays names Ansari as head of new corporate strategic solutions team

Faisal Ansari has been named as head of the newly formed corporate strategic solutions team at Barclays Corporate Banking in London, which oversees the captives business among other areas.   4 February 2021

Analysis

Airmic calls for new relationship between insurance buyers and sellers

Airmic, the UK-based association of risk management professionals, has called for insurers and brokers to rethink the way they interact with their customers.   4 February 2021

article

RSG names president for its premium financing company

Ryan Specialty Group (RSG) has hired Anthony Hanes as president of Stetson Insurance Funding, which specialises in financing commercial and personal lines insurance premiums for the excess and surplus insurance lines industry.   4 February 2021

article

Marsh names new head of its US healthcare practice

Marsh has hired Gisele “Gigi” Norris to lead its US healthcare practice.   3 February 2021

article

Astaara names former naval captain as deputy chief cyber officer

Astaara, the specialist marine cyber insurer, has hired Philip Ponsford as deputy chief cyber officer, while Samira Hmam becomes senior business development director.   3 February 2021

USA analysis

Captives by numbers

Estimations of the number of captives that exist globally vary, and a closer look at the numbers reveals some peculiar trends, says Greg Lang of the Reinsurance and Insurance Network.   3 February 2021

USA analysis

Delaware licenses 70 new captives in 2020

The Delaware Department of Insurance (DDI) licensed 70 new captives in 2020, including 67 conditional licenses, contributing $1 million to the City of Wilmington and $2.9 million to the State of Delaware General Fund in Fiscal Year 2020.   2 February 2021

Analysis

Service, responsiveness, and value

Wilmington Trust is one of the few banks that has a dedicated group handling only insurance-related collateral requirements, says Robert Quinn.   2 February 2021

USA analysis

North Carolina licenses 47 new captives in 2020

North Carolina licensed 47 new captive insurance companies in 2020, and approved 126 cells and series.   1 February 2021

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