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Law & regulation
The IRS is establishing 12 new examination teams as it steps up its efforts to pursue abusive micro-captive insurance transactions. 3 February 2020
IT & claims management analysis
Strategic Risk Solutions has released a new strategic planning and execution service called Captive 360°. 3 February 2020
Cayman analysis
The Cayman Islands Monetary Authority (CIMA) issued 33 new insurance licenses in 2019, matching the number of new licenses issued the previous year. 3 February 2020
Analysis
The Agents and Brokers Education Network (ABEN) ABEN.TV will add an educational programme about captives to its online platform in March. 3 February 2020
Analysis
It may come as a surprise to many insurtech companies, but it is probably easier to build a captive insurance company than to partner with a commercial provider. The insurance industry is awash with outdated firms, IT systems and business practices, which often makes it an ineffective partner, says Zach Finn of Butler University. 3 February 2020
Law & regulation
CIC Services has filed a lawsuit against a former client, SRM Group, as well as its owner, Suresh Prabhu, and two related captives CIC formerly managed. 31 January 2020
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
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