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Writing D&O through a captive could cause problems: Willis Towers Watson
Actuarial & underwriting
An increasing number of companies are considering writing directors and officers insurance through their captive, but they should be aware of some challenges this arrangement can present, according to Willis Towers Watson.   22 June 2020
Runoff strategies can help captives adjust to post-COVID-19 world: CICA
Actuarial & underwriting
The COVID-19 pandemic is set to increase the use of runoff solutions, as companies and insurers alike review their risk exposures and adapt their businesses to cope with new economic and social realities.   19 June 2020
HSB expands identity recovery coverage
Actuarial & underwriting
Hartford Steam Boiler (HSB), part of Munich Re, has extended its identity recovery coverage for business employees to family members and other groups, including membership associations, university students and alumni.   17 June 2020
Actuarial & underwriting
AmTrust Exec, a division of AmTrust Financial Services that offers a full suite of management liability products, has introduced a new commercial crime product to provide coverage for a wide range of medium- and large-sized businesses.   17 June 2020
Actuarial & underwriting
Beazley has entered into a new contracted relationship with Vizient Insurance Services, a subsidiary of Vizient, to offer active shooter coverage.   15 June 2020
Actuarial & underwriting
Artex has unveiled a new alternative risk programme for the transportation industry.   11 June 2020
Actuarial & underwriting
Willis Towers Watson has launched Homestead Insurance Company, a group captive business designed for upper middle market companies.   11 June 2020
Actuarial & underwriting
Aon has expanded the scope of CyQu Enterprise, its cyber risk assessment methodology, to account for the increased time people are working remotely due to COVID-19.   10 June 2020
Actuarial & underwriting
The availability of cheap insurance from commercial providers has prevented airlines from leaning too heavily on their captives. However, rates have been increasing, and with the outlook for the global economy looking grim, airlines are looking for creative ways to cut costs and improve risk management. Captives can help them with that, as Captive International reports.   9 June 2020
Actuarial & underwriting
Machine Cover, a technology company that creates parametric products for the insurance industry, is developing what it believes to be the world’s first pandemic insurance product based on parametric triggers.   8 June 2020

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