News
Actuarial & underwriting
Hyperion X is experiencing record demand across multiple areas of trading as the market adjusts to cope with the COVID-19 pandemic. 23 April 2020
Accounting & tax analysis
The IRS’ targeting of captive insurance companies has left companies more vulnerable to the economic ravages of COVID-19, according to CIC Services. 23 April 2020
IT & claims management analysis
With the COVID-19 pandemic bringing about an increase in cyber threats and a heightened reliance on remote work, strong cyber security cultures are needed now more than ever. Turning to captives may be the best way for organisations to improve their cyber security with personalised coverage, says Mark Lanterman, chief technology officer of Computer Forensic Services. 22 April 2020
Accounting & tax analysis
The State of Connecticut Insurance Department (SCID) will help accounting firms in the state to expand their presence in the captive insurance market. 22 April 2020
Executive Appointments
The Captive Insurance Companies Association has named Megan Moore and Nathalie Kojababian of the University of Southern California as winners of its 2020 Student Essay Contest. 22 April 2020
article
Ian Davis has joined People's United Bank (PUB) as senior vice president and captive insurance relationship manager, responsible for business development and relationship management across the bank's captive insurance portfolio. 21 April 2020
Executive Appointments
The gig economy is a labour market of short-term contracts and freelancers that to many people conjures up images of Uber and Lyft. However, the concept is much bigger than that, and looks set to dominate the future of work. People, employers and insurers must learn to adapt to make the most of the potential benefits, says Greg Lang of the Reinsurance and Insurance Network. 21 April 2020
Law & regulation
The Tennessee Department of Commerce and Insurance (TDCI) has relaxed rules requiring applicants for new captive insurance companies meet the TDCI in person, given the travel restrictions that have been imposed due to COVID-19. 21 April 2020
Actuarial & underwriting
The COVID-19 outbreak has been a social and economic disaster, and it is no surprise that authorities have been keen for re/insurers to help businesses pay the rapidly escalating bill resulting from the economic shutdown. But forcing institutions to pay out for risks that were never factored into their original premiums is not the way to go, says Michael Mead of M.R. Mead & Co. 20 April 2020
Law & regulation
The National Risk Retention Association (NRRA) will hold its 2020 National Conference on September 29 - October 1 at the Sofitel Magnificent Mile Hotel in Chicago. 20 April 2020
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