BevCap Management, a programme manager for casualty and medical stop loss captive insurance companies in multiple domiciles, has appointed Dawn Dinardo as senior vice president of captive operations. 

The Nevada Captive Insurance Council (NCIC) has elected a new board with Josh Miller, CEO of KeyState Captive Management, as president, and Renea Louie, CEO of Sotera Global Management, has been re-elected secretary.

WTW has appointed Edwina Leclere as associate director of captives and insurance management solutions for France, to lead growth in the region and establish a captive management team based in Paris.

Captives are an attractive proposition for the pharmaceutical, biotech and life science industries, due to a lack of appetite and capacity being offered by the commercial market, particularly for product liability cover.

AM Best has assigned a financial strength rating of B++ (good) and a long-term issuer credit rating of “bbb+” (good) to Ireland-domiciled Berkeley Re Designated Activity Company (Berkeley Re). The outlook for the ratings is stable.

Global Captive Management (GCM) has launched Outcomes SPC, a segregated portfolio company, to provide a captive structure with less entry barriers for small companies looking to utilise captives.

Tennessee’s business friendly environment and ‘say yes’ attitude are two of the reasons behind the jurisdiction’s continued growth as a captive domicile.

The Vermont Captive Insurance Association (VCIA) has launched Monty, an AI-powered knowledge assistant, designed to help captive professionals and VCIA members access resources and captive information.