News
Analysis
The commercial insurance model is a zero-sum game between supposedly collaborating insurers seeking competitive advantage with the end customer. Owning a captive puts the insured at the heart of the value chain, dramatically changing the product-service dynamic, says Allan Rodrigues at Captive Insurance Solutions NZ. 31 January 2020
Analysis
Active shooter/workplace violence insurance programmes vary widely. In the last of a four-part series about the impact and aftermath of an active shooter event, Paul Marshall of McGowan Program Administrators outlines 11 things companies should look for when considering which policy to buy. 30 January 2020
Services
Everest Insurance is offering its workers’ compensation product through Dovetail’s online platform. 29 January 2020
Analysis
Willis Towers Watson has expanded its proprietary cyber risk quantification modelling platform, Cyber Quantified, with integrated security ratings from SecurityScorecard. 29 January 2020
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
USA analysis
Risk Strategies has acquired Weaver Brothers Insurance, a Maryland-based brokerage. 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
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
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