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New Captive Models
Marsh JLT Specialty has appointed Ankur Kacker as UK digital asset leader in the financial and professional (FINPRO) practice. 11 February 2021
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Vermont’s Department of Financial Regulation (DFR) has licensed the state’s 1,200th captive insurance company. 10 February 2021
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Chris Mandel, the senior vice president of strategic solutions and founding director of the Sedgwick Institute, has announced his retirement. 10 February 2021
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Davies has launched a new captive management facility in Guernsey following regulatory approval from the Guernsey Financial Services Commission. 10 February 2021
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Marsh & McLennan Agency (MMA), the middle market subsidiary of Marsh, has appointed Steven Handmaker as its first chief marketing officer and Trindl Reeves as its first chief sales officer. 10 February 2021
Bermuda analysis
The Bermuda Monetary Authority (BMA) licensed BPG Bermuda Insurance as a multi owner captive in January. 10 February 2021
Executive Appointments
MAXIS Global Benefits Network (MAXIS GBN) has partnered with California-based healthtech firm SimpleTherapy to help multinationals tackle the issue of musculoskeletal conditions. 9 February 2021
USA analysis
Tennessee saw 18 new captive insurance company formations in 2020 as well as 41 new cells, according to the Tennessee Captive Insurance Association (TCIA). 9 February 2021
Asset management analysis
Oppenheimer’s Jack Meskunas examines the history of Bear and Bull markets in the US and explains why, over the long term, it has historically paid to be bullish as an investor. 9 February 2021
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The Captive Insurance Companies Association (CICA) has cancelled its 2021 International Conference, which had been scheduled for March 14-16 in Scottsdale, Arizona. 8 February 2021
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