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Bermuda analysis
Nakamoto, the captive established by virtual currency exchange Gemini, will “bolster its position as one of the leading digital currency exchanges worldwide,” according to Nick Williams, partner at international law firm Clifford Chance. 28 January 2020
USA analysis
Specialty insurer ProSight Global is entering the captive insurance market in a move the company described as “a natural evolution of ProSight’s product offerings and capabilities.” 28 January 2020
EMEA analysis
MAXIS Global Benefits Network (MAXIS GBN), the international employee benefits joint venture between MetLife and AXA, has appointed Damian Allepuz Lemmens as regional manager for Western Europe. 28 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
Actuarial & underwriting
Cannasure Insurance Services, an insurance MGA and wholesale broker for the cannabis and hemp industries, has hired Summer Jenkins as senior product development manager. 24 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
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