Tuesday, March 28, 2023

Long reads

Hard market and healthcare landscape driving MSL captives

Spring survey shows 42% of employers with medical stop loss cover, self-insure within a captive Writing MSL in a captive is beneficial for diversifying the portfolio of risk MSL is commonly...

Cannabis captives a big opportunity, pending further legalisation

Captive regulators in the United States canvassed by Captive Intelligence at the 2023 CICA International Conference discussed the potential for licensing cannabis captives, as well as the impact of the hard market, new legislation and the 831(b) tax election.

Domicile Wars: Georgia sees room for further captive growth

Regulators and the local captive insurance association are anticipating further captive growth in Georgia as the hard market and a competitive regulatory regime prompts continued interest.

Captive proposition for MGAs increasingly attractive

Managing general agents (MGAs) are increasingly launching their own captives as a means of providing additional capacity or in a bid to share in the underwriting profits resulting from its programmes.

Rate and capacity challenges prompt captive consideration for renewables

Captive utilisation in the renewables market can provide companies with the ability to counter increasing rates and allow greater access to capacity, sources have told Captive Intelligence.

Are ERISA benefits back in fashion for captives?

After a gap of four and a half years between successful captive exemption applications to the Department of Labor (DoL), the 2022 achievements of Phillips 66 and Comcast is laying the path for further employee benefits activity in the United States.

Medical malpractice’s “never ending” hard market ensures captives crucial to US healthcare

Due to the rising costs of medical malpractice insurance, those working in the health industry are being forced into captive utilisation to “continue to practice medicine”.

Domicile Wars: Continued growth expected entirely from Texas-based businesses

The number of captives in Texas is expected to continue rising, despite the state having limited interest in attracting captives owned by businesses beyond its borders, sources have told Captive Intelligence.

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GCP #81: Zurich’s Emma Sansom and Megan Ogden of EIS Insurance Services

Richard is joined by guest co-host Emma Sansom, group head of captives at Zurich, who discusses her priorities in the new role, their view on D&O in captives and Zurich is supporting more cyber captive programmes.

GCP Short: Hylant’s European captive strategy

In a 15 minute discussion, Richard is joined by Anne Marie Towle, CEO of Global Captive Solutions at Hylant, and Alexandra Gedge, Senior Captive Consultant, to discuss their view and strategy for expansion into the European market.

GCP Live @ CICA 2023

This GCP Live episode was recorded in front of a live audience as the closing session of the CICA International Conference in Palm Springs, California on Tuesday, 7 March.