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Captives could drive innovation in cyber market amid GDPR crackdown
Law & regulation
A growing number of companies falling foul of general data protection regulations (GDPR) highlights the need for comprehensive cyber coverage. It could also incentivise the formation of more captives, if cyber providers do not up the quality of their offerings, according to experts.   10 July 2019
Executive Appointments
TTN Fleet Solutions has hired Tyler Harden as vice president of its service provider network. Harden has experience of developing, creating and launching a captive insurance program, TowCap Premier, which was the first of its kind in the heavy duty towing industry.   9 July 2019
Analysis
Pro Global Holdings, an independent consultancy and service provider, has launched a cyber audit practice to support the insurance industry’s response to cyber risk.   8 July 2019
Analysis
Certain captives fail, but what goes wrong? And what can be done about it? Stephanie Mocatta, chief executive officer of SOBC DARAG, has some suggestions.   8 July 2019
USA analysis
The North Carolina Captive Insurance Association (NCCIA) will host its seventh annual conference from August 21-23, at the The Ballantyne resort in Charlotte, NC.   4 July 2019
Analysis
SOBC DARAG has acquired Innovative Physicians Solutions RRG in full, effective July 1 2019.   3 July 2019
Actuarial & underwriting
“Despite the fact that there are more than 100 insurance carriers that offer cyber coverage, there are only a handful of global insurers offering meaningful capacity for large international corporate customers on a primary basis,” according to Paul Woehrmann, head of captive services at Zurich Insurance Company.   2 July 2019
Executive Appointments
It is probably fair to surmise that few people grow up dreaming about careers in insurance, let alone captive insurance. But the Captive Insurance Companies Association (CICA) is stepping up its efforts to show young people that the industry can provide exciting and rewarding careers for those that pursue it.   1 July 2019
Accounting & tax analysis
Syzygy Insurance v Commissioner may paint a negative picture of the industry, but also provides some helpful guidance on how to structure small captives, says David Kirkup, chief operating officer at Captive Alternatives.   28 June 2019

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