The carrier went live with their captive proposition toward the end of 2024, with Benz appointed to head the unit. 

Artex said Kelly’s ability to navigate intricate data, model performance expectations, and design specialised risk transfer structures will elevate its advisory and analytics capabilities.

We bring you an in-depth captive case study on Life Time, Inc, a publicly listed chain of health clubs, which has owned a captive in Vermont since 2017.

In a formal Notice of Appeal, Drake Plastics Ltd. Co., Drake Insurance Co., and Strategic Risk Alternatives, LLC confirmed they will take the case to the United States Court of Appeals for the Fifth Circuit.

Levy joins USQRisk with over 30 years of (re)insurance industry experience including actuarial, underwriting, and brokering for domestic and international placements.

Some commentators speaking to Captive Intelligence argue that the latest ruling is one of the biggest wins for the captive industry in recent years, while others believe the ruling may not ultimately change much in practical terms.

Under the new legislation, captives, excluding risk retention groups (RRG), will undergo an initial examination within five years of licensure.

The expanded PCC legislation is expected to come after the captive framework is implemented in 2027.