Thursday, November 21, 2024

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GCP Short: Professional indemnity and captive activity in India

Oliver Schofield, RISCS
Damian McNamara, RISCS

In this GCP Short, produced in collaboration with RISCS, starts with a focus on professional indemnity and why we’re seeing captive formations driven by this line.

Oliver Schofield and Damian McNamara discuss the state of the PI market, the role for captives and how quickly they can be formed to provide cover to the insured.

They also outline what they believe to be the first cell migration to a new domicile while transitioning to a pure captive, as well as some exciting captive developments in India and a possible ART solution for the sustainable building sector.