Marsh Nexus, the employee benefits cell solution launched earlier this year, is lowering the barrier to entry for multinational employers looking to finance EB through a captive structure.

Ian Podmore has joined KeyState as vice president, captive solutions, bringing more than 40 years of experience across insurance, captive consulting, underwriting and compliance.

Apex covers general liability exposures in North America, including coverages for professional liability, physical and sexual misconduct, and personal and advertising injury, for its parent, Bright Horizons and its subsidiaries and affiliated companies.

This GCP Short, produced in partnership with Marsh Health and Benefits, is all about the use of cells to structure captive employee benefits programmes.

The ratings reflect TCA’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM).

Public sector organisations could become an important early market for the United Kingdom's new captive regime, particularly as councils, utilities and other publicly funded bodies look for greater control over their risks. 

Malta-domiciled Norfolk Re Europe Cell is a cell of the WTW-owned Lime Street PCC structure and was licensed on 2 July.

The expanded captive offering will be led by Jordan Mosher as head of captive insurance banking, with Joe McDonald supporting the continued development and delivery of the bank’s captive solutions.