Saturday, March 8, 2025

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News

Arizona licences 32 new captives in 2024 

Arizona licensed 32 new captives in 2024, while seven surrendered their licences, taking the total number of captives domiciled in the State at the end of the year to 201.

Danica joins MAXIS network to provide health solutions to Denmark multinationals 

MAXIS Global Benefits Network (MAXIS GBN) has partnered with Danica to offer health insurance solutions to multinational clients based in Denmark.

AM Best affirms and withdraws rating of Evergreen Group captive 

AM Best has affirmed the financial strength rating of ‘A-‘ (excellent) and the long-term issuer credit rating of “a-” (excellent) of Bermuda-domiciled Evergreen Insurance Company Limited (EICL).

Property and GL most popular lines for captives: Airmic

Property and general liability are the two most popular lines of business being written in captives owned by Airmic members, with more than 70% of captives writing these risks, according to the Airmic's 2025 Captive Survey. 

Aon launches Employee Benefits cell captive facility through White Rock

Aon has launched its Employee Benefits (EB) Cell Captive facility, allowing insureds to reinsure global benefits programme through protected cell within one of Aon’s White Rock cell companies.

Portelli, Serricchio and Gale Marsh’s new regional captive leaders

Marsh Captive Solutions has three new regional leaders as William Thomas-Ferrand confirmed promotions for Michael Serricchio, Nick Gale and Stephen Portelli this week.

Georgia captive bill opens door to more lines of business

The newly formed Georgia Captive Insurance Council (GCIC) is supporting House Bill 348, which would be the State’s first update to its captive legislation since 2019.

Blackwell Captive Solutions promotes Scott Lydon to SVP, national sales

Chicago-headquartered Blackwell Captive Solutions, a firm focused on group medical stop loss captives, has promoted Scott Lydon to SVP, national sales.

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LATEST PODCASTSLogo

GCP #119: Moose International, legacy strategies and Hawaii’s Andrew Kurata

Richard brings three interviews recorded at the ⁠Hawaii Captive Insurance Council⁠ (HCIC) in October 2024, including with captive owners Moose International and local regulator Andrew Kurata.

GCP #118: William Thomas-Ferrand, Marsh Captive Solutions’ new president

Richard is joined by one of the new leaders of our industry – William Thomas-Ferrand, who is now ⁠president of Marsh Captive Solutions⁠.

GCP #117: Professor Michael Zuckerman on captive education and state of the market

Richard is joined by Michael Zuckerman, an experienced enterprise risk and captive consultant and most recently an Associate Professor for Instruction at Temple University’s Fox School of Business.

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