News

French legislation passed at the end of 2022 is presenting an “unprecedented opportunity” for captives in Europe, according to Emma Sansom, Zurich’s group head of captives.

Esme Gould will be Zurich UK’s new head of captives, effective from 1 April, leading a team of six captive underwriters to develop and grow new and existing captive programmes. Gould’s appointment follows Emma Sansom’s move into Zurich’s group head of captives position at the start of the year.

Promethean Risk Solutions has been formed by industry veterans Kirk Watkins and Michael Zuckerman, focusing on building and consulting on voluntary employee benefits and other third party risk programmes.

Experienced captive lawyers Joe Holahan and Tony Roehl have joined BakerHostetler from Morris Manning & Martin. Holahan and Roehl are joined by fellow partner Lori Bibb, four associates, a counsel, a paralegal and a legal assistant.

Several rising captive professionals have partnered with the Vermont Captive Insurance Association (VCIA) to formalise the Vermont Captive Insurance Emerging Leaders (VCIEL), in a bid to help address the challenge of developing the next generation’s captive workforce.

Singapore-domiciled Odeon Insurance Re Pte Ltd is the first Asian captive to become a signatory of the United Nations Principles for Sustainable Insurance.

Hylant is targeting further captive expansion in Europe this year, likely to be built on strategic partnerships in key domiciles such as Guernsey, Luxembourg and Malta.

Thomas Miller Captive Management will manage the Isle of Man’s first insurance special purpose vehicle (ISPV) after the Financial Services Authority approved a licence for Ilex Global Reinsurance Company...