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Willis Towers Watson Management (Bermuda) has appointed Steve Arrowsmith as executive vice president, head of client services. 15 January 2019
Analysis
Massachusetts-based managing general agency Energi Insurance Services has established a new group captive for energy clients within fuel distribution, energy transportation, energy construction, renewable energy, agricultural cooperative, and utilities segments. 15 January 2019
Analysis
Employee Benefit Management Services (EBMS), a healthcare management company based in Montana, has appointed James Vertino as its CEO. 15 January 2019
Analysis
Regulatory changes scheduled to be tabled before the Bermuda House of Assembly place Bermuda on a steady yet progressive footing to steer the captive market forward for years to come, says Matthew Carr, senior associate, corporate, of Appleby's Bermuda office. 14 January 2019
Analysis
Randall & Quilter has started 2019 by completing two new transactions relating to exit solutions in the self-insurance and captive markets. 10 January 2019
Analysis
The Delaware Captive Insurance Association (DCIA) has appointed Christian Stormer to serve on its board of directors. 10 January 2019
Analysis
Connecticut has entered into two separate memoranda of understanding with The Hartford and Liberty Mutual Insurance to provide supplemental financial assistance to policyholders who file claims and receive awards to remediate their crumbling concrete foundations through the state’s captive insurance programme, the Connecticut Foundations Solutions Indemnity Company (CFSIC). 9 January 2019
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Zurich North America has appointed Jason Meador as head of group captives for alternative markets. 9 January 2019
Analysis
The State of Vermont licensed 25 captives in 2018, including one affiliated reinsurance company (ARC), according to statistics released by the Department of Financial Regulation. 8 January 2019
Analysis
Contractors and sub-contractors in the construction industry face challenges that are not only unique by specialty, but even from one company to the next. Captive insurance is playing an increasingly central role in addressing the day-to-day challenges of this specialised industry, explains Thomas Stokes, managing partner at JLT Insurance Management. 7 January 2019
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