News
Analysis
ProSight and Altruis, the new firm being created by ProSight founder and former CEO Joe Beneducci, will offer captives a full range of services, including policy and documentation, servicing, premium collection, recordkeeping, claims handling and loss control. 29 January 2020
Analysis
With insurance renewals becoming more challenging for brokers and risk managers, formalised risk retention can improve negotiating strength with commercial insurers and secure improvements in price, terms, and conditions, says Marsh’s Derek Bridgeman. 29 January 2020
Analysis
Value-based healthcare can deliver sizable new sources of revenue, but there is also a real risk of meaningful losses. Fortunately, new insurance programmes and captive insurance models are emerging that enable providers to pursue these new revenue opportunities without taking on more risk exposure than they can tolerate, says Dave Terry of Archway Health. 28 January 2020
Analysis
Risk Strategies has promoted Tracy Hoffman and Matthew Smith to be executive vice presidents of its national health care practice. 27 January 2020
Analysis
Specialist insurer Beazley has appointed Justin Sanches as an underwriter within its US healthcare liability team. 27 January 2020
Analysis
R&Q has acquired the Montana captive insurer Vigneron Insurance Company, and promised more acquisitions in the coming weeks. 27 January 2020
Analysis
Udo Kappes is chairman of the European Captive Insurance and Reinsurance Owners’ Association. Captive International talked to him about the outlook for the market, regulation and why people should not be so hung up on numbers. 27 January 2020
Analysis
Towing companies in the US have traditionally found the process of procuring insurance a frustrating experience. The coverage on offer rarely suited their specific needs, and it was expensive. The solution was to create TowCap Premier, the towing industry’s first group captive. Solomon Teague reports. 24 January 2020
Analysis
Governments have traditionally been deeply suspicious of marijuana. But with US political leaders finding $1.8 billion and (no pun intended) growing in tax revenues, attitudes are changing. Global governments looking to capitalise on this emerging tax base will bring forward legislation to ensure they capture a share of the cannabis goldmine, says Jeana Nordstrom of Capital Security. 23 January 2020
Analysis
The North Carolina Department of Insurance (NCDOI) licensed 26 new captive insurers and approved 61 new cells in 2019, according to figures published in its 2019 end-of-year report for its captive insurance program. 22 January 2020
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