News
Analysis
The Captive Insurance Companies Association has invited college insurance and risk management students competing in its 2019-2020 Captive Insurance Solutions for Emerging Industries essay contest to choose from three possible topics. 7 October 2019
Analysis
Berkley Accident and Health has expanded the capabilities of its clinical support platform, Berkley Edge, to help clients lower large claim costs and improve plan sponsors’ overall cost of health care. 7 October 2019
article
Too many captives are preoccupied with maintaining the status quo, rather than focusing on growth and innovation. They are missing a considerable opportunity to deliver greater value for their owners, as Andy Barile, founder of Andrew Barile Consulting, which is 20 years old next year, told Captive International. 5 October 2019
IT & claims management analysis
Investing in the best available technology is vital for the future success of a captive. Although the best technology is not cheap, this short-term cost is likely to pay for itself relatively quickly by improving pricing, improving internal and external communication and increasing efficiency, says Sean Barnes at United Educators Insurance Company, a reciprocal risk retention group. 4 October 2019
article
The business insurance community, including alternative risk management vehicles, is asking how it can mitigate exposures to workplace violence, or transfer them, to de-risking their risk portfolios with available commercial insurance, says Paul Marshall of McGowan Program Administrators, in the first of a four-part series about the impact and aftermath of an active shooter event. 4 October 2019
Analysis
Holmes Murphy has hired Jason Mahler as head of consulting and actuarial services for Houston and Central Texas in its Houston office. 4 October 2019
Analysis
US companies should set up captives to provide cover for the damage hailstones do to their roofs, according to Matthew Queen, general counsel at Venture Captives. 3 October 2019
Analysis
Bauknight, Pietras & Stormer (BPS), the accounting, assurance and tax consulting firm, is expanding its fraud prevention services, with Jessica Kaczor, a certified public accountant, qualifying as a certified fraud examiner (CFE). 2 October 2019
Law & regulation
Quest is one of the best-known captive service companies in Bermuda and the US and has been forming and managing single parent, group, and association captives since 1979. Jeff Kenneson of Quest Captive Management talked to Captive International about Quest’s business and the trends he is seeing in the market. 2 October 2019
Analysis
Risk Strategies, the national insurance brokerage and risk management firm, has acquired Bedrick-Kaitz Agency (BKA), a firm focused on helping US high-net-worth individuals and businesses protect their assets. 1 October 2019
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