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The Vermont Captive Insurance Association has added two new captive professionals to its board of directors. Both will take up their posts on the VCIA board in October. 16 September 2019
Analysis
ASA Assurance, the captive of Alaska Air Group, has been granted a prehearing conference as it appeals a $100,000 fine imposed by the Washington State Office of the Insurance Commissioner (OIC). 16 September 2019
Analysis
Sompo Global Risk Solutions (GRS) and Willis Towers Watson (WTW) have moved to better serve middle market commercial real estate with the launch of the WTW Retail, Office and Industrial (ROI) platform. 13 September 2019
Analysis
Guernsey is geared up for growth in the captives space. 12 September 2019
Accounting & tax analysis
TCOR is the industry standard model for tracking insurable costs, used by institutions across all industries to benchmark themselves against peers and historical trends, and by captives to determine reasonable insurability. It is a frustratingly limited measure of risk, so Randall Davis at Delphi Risk Management developed new models to do the job better, as he told Captive International. 12 September 2019
Analysis
Steven Crabb, CEO at Davies Insurance Services, believes the recent merger between Marsh and JLT is an opportunity for his company to pick up business from disaffected captives. 11 September 2019
Analysis
AXA XL has launched a local captive practice in Canada, which will be led by Alonso Tello, which the company said came in response to growing demand for captive and alternative risk transfer in the country. 10 September 2019
Analysis
Anne Marie Towle has joined Hylant as senior vice president, responsible for growing the global captive solutions business. 10 September 2019
Law & regulation
Insurance tends to be viewed as a contract, but in reality the choice between one insurance policy and another is more like the one a shopper makes when considering which of two widgets to buy, and that could have profound implications for legal disputes, says Matthew Queen of Venture Captive Management. 10 September 2019
Analysis
Risk Strategies, an insurance brokerage and risk management firm, has acquired Risk Management Advisors (RMA), a firm that designs and administers captive insurance programs and self-insured plans for companies in a variety of industries. 9 September 2019
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