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Friday, February 28, 2025

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GCP #55: London’s captive domicile ambitions with Sean McGovern

Sean McGovern, AXA XL

In episode 55 of the Global Captive Podcast, supported by legacy specialists R&Q, Richard is joined by Sean McGovern, CEO for the UK & Lloyd’s at AXA XL, who speaks in his capacity as a board member of the London Market Group with responsibility for the business environment including government relations.

In June 2021, the LMG published a five point plan asking for relevant regulatory and legislative changes in the UK insurance market, including plans to make London a captive domicile.

Sean discusses these plans in more detail and what advantages he thinks London would provide as a domicile.

Read the LMG’s five point plan here: lmg.london/

We also feature short clips from four interviews with new captive owners from the past 18 months. Links to the full episodes are below:


For more episodes and to subscribe to the Global Captive Podcast see: