Richard Cutcher

The Cayman Islands Monetary Authority (CIMA) has revoked Class B(ii) licence of Progressive Grocers Insurance SPC, Ltd after failing to pay fees, and meet solvency and reporting requirements.

Africa Finance Corporation (AFC) has established AFC Captive Insurance Company Ltd (AFC Captive), backed by up to USD$30m in equity capital.

SRS Altitude, the managing general underwriter (MGU) specialising in providing alternative risk transfer solutions to corporate clients and captives, has been approved as a Lloyd's Coverholder.

Richard is joined by Mat Robinson, Senior Managing Director and Captive Operations Leader, and Matt Gravelin, Managing Director in Consulting at Brown & Brown, to discuss how organisations can hone their captive strategy and achieve strong internal buy-in from across the group.

We take a closer look at the draft proposals for a new and bespoke captive insurance regime in the United Kingdom.

The Vermont Captive Insurance Association (VCIA) celebrated and recognised three legends of the domicile and wider market at its annual conference in Burlington this week.

Madison Insurance Group and its family of entities in Puerto Rico is suing its former president Mark Sims, former outside legal counsel Aran Quinn and other former employees for a “surreptitious and systematic attack” on the company.

Zurich Insurance has appointed Giulia De Marchi as a senior captive underwriting manager in its United Kingdom-based team.