News

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Davies names new deputy chairman and chief marketing officer

Davies, the specialist professional services and technology business serving the insurance industry, has promoted two of its executives as part of its push for strong organic growth and digital transformation.   22 March 2021

Analysis

CaptiV, the data ecosystem helping small companies manage rising medical costs

CaptiV is the next generation of medical stop loss group captives, using advanced data analytics and a more customer-centric approach to help smaller businesses manage their spiralling healthcare costs. With COVID-19 creating a huge backlog of treatments, CaptiV’s creator says there has never been a better time to join such a captive.   22 March 2021

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Solomon named as general counsel at Arkansas Children’s

Ryan Solomon has been promoted to the position of vice president and general counsel at Arkansas Children’s hospital.   19 March 2021

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Abbott reappointed as chair of CICA’s board

Lance Abbott, the chief executive officer of BevCap Management and director of BevCap Captive Group, has been reappointed as chair of the Captive Insurance Companies Association (CICA) board of directors, having already served in that role for a year.   18 March 2021

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L&G names new group CRO

Chris Knight has taken on a new role as group chief risk officer for Legal and General (L&G).   18 March 2021

Actuarial & underwriting

AXA, Hannover and Willis Towers Watson complete market first longevity swap covering predominantly non-pensioners

AXA UK Group Pension Scheme has executed a £3 billion longevity swap with Hannover Re, the first deal of its kind where over 95 percent of members covered were non-pensioners.   18 March 2021

Actuarial & underwriting

Pinnacle University unveils the topics for this year’s virtual programme

Pinnacle Actuarial Resources has selected topics including usage-based insurance, machine learning and a hypothetical insurance product for professional baseball organisations in the programme for its eighth annual Pinnacle University, which this year will be conducted virtually.   18 March 2021

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Zurich launches new risk services unit in the UK focused on climate change, supply chains and cyber

Zurich UK has launched a new risk services unit, Zurich Resilience Solutions (ZRS), to help businesses manage emerging and evolving risks more effectively.   18 March 2021

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AM Best awards rating to Fidelity Investments’ captive, Fidvest

AM Best has assigned a financial strength rating of A- (excellent) to Fidvest, a pure captive insurance company wholly owned by Fidelity Investments, with a stable outlook.   17 March 2021

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RSG Underwriting Managers reshuffles management team as RSG prepares for IPO

Ryan Specialty Group (RSG) has expanded and revised the executive leadership team for RSG Underwriting Managers, ahead of a planned initial public offering (IPO) of RSG.   17 March 2021

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