Captive Insurance Times

The February edition of Captive Insurance Times is out now! Explore the latest insights and expert analysis shaping the captive insurance industry: 🔹 Tennessee Leads the Rise of Mid-Market Captives – Mark Wiedeman ACI, CFE, PIR from the Tennessee Department of Commerce and Insurance discusses Tennessee’s growing prominence in the mid-market captive sector. 🔹 The Shifting Landscape of the European Captive Market – Experts from AM Best examine how new domiciles are reshaping the European captive insurance segment. 🔹 Shaping the Future of Risk Management – Kristen Peed, President of the RIMS (Risk and Insurance Management Society, Inc.), shares her vision for fostering global collaboration among risk professionals. 🔹 A Captive Solution with Premium Potential – Mark Dugdale explores how renting captives offers a compelling and cost-effective alternative to single-parent captives. 🔹 Weathering the Storm – Industry specialists discuss how captives and reinsurance solutions can help businesses mitigate increasing climate risks. 🔹 Understanding the IRS’s Final Rules on Micro-Captive Transactions: With tighter regulations, experts outline key implications for captive owners and strategies for compliance. 🔹 BRIM 2025 – Exploring the Future of Risk and Insurance Management – Carmel Haynes of the Barbados International Business Association highlights the importance of this upcoming global conference. 🔹 Emerging Talent – Carl Ericson of ClearPoint Health discusses his passion for innovation in captive insurance for the healthcare sector. Read the full issue here >>>> https://lnkd.in/eVCkNK5K #CaptiveInsurance #RiskManagement #InsuranceInnovation #Reinsurance #AlternativeRisk #InsuranceRegulation #ClimateRisk #RiskFinance #MidMarketCaptives #InsuranceLeadership #EmergingTrends

Swiss Re appoints McDonald as Group Chief Underwriting Officer. Kera McDonald, who joined Swiss Re in 2006, brings over 30 years of professional experience https://lnkd.in/eSRUUZDX #captive #captiveinsurance

Marsh Captive Solutions names Serricchio as Regional Leader. Michael Serricchio joined Marsh in 2005 as senior vice president for captive consulting and was promoted to managing director and Americas consulting leader at Marsh Captive Solutions in 2017 https://lnkd.in/dtsqcSiq #captive #captiveinsurance

North Carolina's captive sector continues to thrive. By the end of 2024, the state had licensed or approved over 1,600 risk-bearing captive entities since the General Assembly enacted the Captive Insurance Act in 2013 https://lnkd.in/e7nrFhcT #captive #captiveinsurance

Howden acquires Major Insurance Services. This acquisition, combined with the client base of Unicorn Risk Solutions — recently rebranded as Howden — strengthens the company’s presence in regional Western Australia https://lnkd.in/eDXHsGDS #captive #captiveinsurance

GCIC advocates for passage of new captive bill in Georgia. The bill calls for advantageous new reinsurance options to be provided to captives and also allows them to have more lines of authority to operate within https://lnkd.in/eEmbzhEV #captive #captiveinsurance

Georgia Captive Insurance Council advocates for House Bill 348 to boost captive insurance sector. The bill calls for advantageous new reinsurance options to be provided to captives and also allows them to have more lines of authority to operate within https://lnkd.in/erwG6Wbk #captive #captiveinsurance

Industry experts challenge new IRS 831(b) rule. CIC Services, a captive insurance manager and strategist, is urging the US Congress to swiftly overturn a new IRS rule that imposes additional restrictions on Section 831(b) https://lnkd.in/e3dzwqkY #captive #captiveinsurance

Blackwell Captive Solutions appoints Lydon as Senior Vice President. In his new role, Lydon will lead nationwide sales efforts and oversee client management, addressing the growing demand for alternative risk management solutions https://lnkd.in/ew-AmNXF #captive #captiveinsurance

Quinn named as President of Ryan Specialty Underwriting Managers. ?Ryan Specialty Underwriting Managers has promoted Eric Quinn to president, a role previously held by CEO Miles Wuller, who will now focus exclusively on his CEO responsibilities https://lnkd.in/d2N2zTrJ #captive #captiveinsurance