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Oklahoma appoints captive coordinator
Law & regulation
The Oklahoma Insurance Department (OID) has named Donald Ashwood as its new captive coordinator and is looking to appoint a new captive director “in the near future”.   5 February 2021
Pinnacle hires three new actuaries
Actuarial & underwriting
Pinnacle Actuarial Resources has hired Gaétan Veilleux as a senior consulting actuary, and  Travis Murnan and Kunshan Yin as consulting actuaries, to enhance its modeling, data science and risk analytics capabilities.   4 February 2021
Financial and professional lines lead commercial insurance price rises: Marsh
Analysis
The fourth quarter of 2020 saw the largest quarterly rise in global commercial insurance prices since the launch of Marsh’s Global Insurance Market Index in 2012.   4 February 2021
USA analysis
Valenz has launched CaptiV, a medical stop loss (MSL) group captive programme for self insured employers with fewer than 1,000 employees, in partnership with MSL Captive Solutions.   4 February 2021
Executive Appointments
Faisal Ansari has been named as head of the newly formed corporate strategic solutions team at Barclays Corporate Banking in London, which oversees the captives business among other areas.   4 February 2021
Analysis
Airmic, the UK-based association of risk management professionals, has called for insurers and brokers to rethink the way they interact with their customers.   4 February 2021
article
Ryan Specialty Group (RSG) has hired Anthony Hanes as president of Stetson Insurance Funding, which specialises in financing commercial and personal lines insurance premiums for the excess and surplus insurance lines industry.   4 February 2021
article
Marsh has hired Gisele “Gigi” Norris to lead its US healthcare practice.   3 February 2021
article
Astaara, the specialist marine cyber insurer, has hired Philip Ponsford as deputy chief cyber officer, while Samira Hmam becomes senior business development director.   3 February 2021
USA analysis
Estimations of the number of captives that exist globally vary, and a closer look at the numbers reveals some peculiar trends, says Greg Lang of the Reinsurance and Insurance Network.   3 February 2021

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