Sunday, April 21, 2024

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Luke Harrison

Premium increases in agriculture open the door to captives

The agriculture sector provides a unique opportunity for the captive industry to help organisations mitigate rising costs in the commercial market.

Sprouts captive to help grocer effectively operate in the commercial market

The new formation of the Sprouts captive will mean the company will not be held to ransom by the commercial market, according to Mitchell Dane-Henry, senior manager of insurance programmes at the company.

GROWMARK members saving $20m in premium from captive utilisation

Members of the GROWMARK captive are saving more than $20m in premium cost since placing their property risk inside the captive.

831(b) captives “high priority area” for IRS as it completes 2024 Dirty Dozen

The Internal revenue Service (IRS) has wrapped up its Dirty Dozen list for 2024 with micro captives taking the 831(b) tax election remaining a key focus area for the Service.

Kraft Group among 15 new Vermont captives licensed in first quarter of 2024

Vermont has added 15 new captives to it roster during the first quarter of 2024, taking the total number of captives in the domicile to 669.

Domicile Wars: Sweden presents unique domicile characteristics within Solvency II

The utilisation of captives in Sweden and the Nordic region more widely is expanding as more organisations are made aware of the risk financing benefits.

Mauritius has right structures in place to be frequently chosen domicile

Mauritius has all the right infrastructure in place to be an increasingly popular captive jurisdiction, according to Kaviraj Nuckchedee, director and head of captive insurance at Fortree Management Services.

Phil Giles joins ClearPoint Health as chief growth officer

South Carolina-based ClearPoint Health has appointed Phil Giles as chief growth officer, starting 6 May, 2024.

Latest Podcasts

GCP #101: The Boys Town captive, and MAC on life after regulating

Richard is joined by David Williams, Director of Risk Management & Safety at Boys Town, to discuss the Tennessee-captive formed by the not-for-profit in 2022, and former regulator Michael Corbett.

GCP Short: Captive utilisation by Family Offices

This GCP Short, featuring EY's Mikhail Raybshteyn and Spring's Prabal Lakhanpal, focuses on captive utilisation by Family Offices.

GCP Short: Nick Hentges on group captive growth, new lines and limits

Richard was delighted to welcome Nick Hentges, CEO of Captive Resources, back onto GCP for an in person catch up at the CICA International Conference in Scottsdale, Arizona, in March.

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