News
Accounting & tax analysis
Roundstone, a Lakewood-based health insurance provider offering self- funded group captive solutions, has made more than $10 million in cash distributions to business owners across the US. 28 August 2020
Executive Appointments
DARAG Group has named Peter Klingspor as chief financial officer of DARAG Deutsche Versicherungs- und Rückversicherungs, its German risk carrier. He will join DARAG on September 1. 27 August 2020
Law & regulation
The Oklahoma Insurance Department (OID) has reduced the capitalisation requirement for certain special purpose captive insurers to $50,000, effective from September 16, 2020. 26 August 2020
Executive Appointments
In the last of a four-part series on the growing role of the gig economy and its implications, Greg Lang of the Reinsurance and Insurance Network discusses the trade-off between employee protections and flexibility. 25 August 2020
Actuarial & underwriting
McGriff, the full service insurance broker, has formed a new group captive practice, McGriff Captive Solutions (MCS), headed up by Steve Aldrich who also serves as McGriff’s industry practice group leader. 25 August 2020
article
Risk Strategies has appointed Jennifer Johnston to the newly created position of chief marketing officer. 24 August 2020
Law & regulation
The South Carolina Department of Insurance (SCDOI) has promoted Dan Morris to deputy director for solvency. He takes on overall responsibility for the captive division, as well as the analysis and examination of traditional companies, replacing Lee Hill, who recently retired. 24 August 2020
IT & claims management analysis
Sapiens International Corporation, the technology provider to the insurance industry, has partnered with Gradient AI, a provider of artificial intelligence for insurance and risk management, to enhance its Sapiens CoreSuite for Workers' Compensation and Sapiens GO for Workers' Compensation platforms. 21 August 2020
Law & regulation
An objective review of the design and operating effectiveness of internal controls is instrumental to ensuring continued success in the remote working environment, say Johnson Lambert’s Kathryn Gifford and Raina Tripp. 21 August 2020
Executive Appointments
The National Safety Council (NSC) has appointed Mark Baker as vice president, workplace. Baker will join NSC on September 8 from Hyatt, where he serves as global director of workplace safety and vice president of global risk. He will be based in Chicago. 20 August 2020
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