As leaders of the captive insurance industry, the Vermont Captive team is consistently recognized by international trade publications and industry peers as the most experienced and knowledgeable captive insurance regulators in the world. Backed by a unique infrastructure made up of in-house examiners and support personnel, our team works closely together and in partnership with Vermont’s Governor and state legislature to make sure that Vermont’s regulations keep pace with the fast-changing needs of the industry
TMF Group is the leading provider of administrative support services for international business expansion.
With some 7,800 experts – in-house, on the ground in over 80 locations – it is the only company worldwide to provide the combination of fiduciary, company secretarial, accounting and tax and HR and payroll services essential to the success of businesses investing, operating and expanding across multiple jurisdictions.
Within the Accountancy and Tax function sits our IPT Centre of Excellence, supporting the insurance industry in providing compliance, consultancy and technology services for all taxes relevant to insurance premiums around the world. Our transformational technology, IPT Quote makes short work of calculating tax schedules on complex global insurance programmes, common to the captive industry. Fed by the industry’s most complete database of global IPT rates, TMF Group is able to provide consistent, expert and local language solutions wherever in the world you write business. TMF Group is able to support a captives entire IPT Compliance burden with an integrated approach that supports your complete process, from calculating and cross-checking liabilities with speed and precision, to timely, compliant returns submitted by local experts worldwide.
The world is changing and you need a partner who anticipates the future. At Swiss Re Corporate Solutions, we understand that sometimes a conventional risk transfer product just isn’t the right choice. That’s why we continue to develop solutions that give you flexibility, transparency and speedy payout options. By combining fresh, innovative perspectives with cutting-edge technology and expertise, we help you recover faster when you need it most.
Spring Consulting Group, an Alera Group Company, LLC is a multidisciplinary actuarial, employee benefits and strategic risk management consulting firm located in Boston, Massachusetts that was established through a management buyout in 2004 of Watson Wyatt, LLP’s U.S. Insurance and Financial Services strategy consulting practice. Spring has focused on providing employee benefits consulting and developing unconventional and industry-changing solutions for years. We have specific expertise in overall, plan design, funding, process, technology, and integration. In February of 2018, Spring became a part of the Alera Group. This has allowed us to enhance the best in class offerings we present to our clients, while still maintaining our core mission and vision around providing high quality consulting and actuarial services to our clients.
Spring provides a full range of strategic employee benefits and Property and Casualty (P&C) actuarial and consulting services to clients across the globe. Spring is significantly more flexible than many other firms, which enables us to react faster to shifting industry changes, trends and regulations and better meet the varying needs of our clients, their employees and stakeholders. We believe in an approach that marries putting the client first with ‘Challenge Convention, when it makes sense’ which is evident in every aspect of how we approach any new engagement.
Established in 2012, RISCS provides independent, strategic captive and risk consultancy advice to insurance brokers, corporates and captives across the world. We cover all aspects of the design, implementation and ongoing advisory work of enhanced self-insurance structures.
Drawing on decades of experience in the global captive and ART industry, we work with our clients to build a strategic risk pathway delivering a range of services and knowledge from the very first tentative self-insurance steps, through to full captive operation and protection.
Over the years, our team have worked extensively with captives and their parents, from all corners of the world delivering captive and ART solutions. We use our extensive experience to offer a range of comprehensive consultancy services focused on the delivery of robust captive and ART advice.
Our service offering for captives and alternative risk transfer mechanisms cover:
Captive Feasibility:
Pre-feasibility & feasibility consulting
Identification of appropriate self-insurance mechanism
Retention structure analysis
Domicile review
Captive Formation Support:
Project management and business planning
Negotiation with regulators and managers
Liaison with lawyers, accountants, bankers
Captive fronting consulting
Captive operation:
Management via preferred partners
Health check for existing captives:
Strategic review of the performance of the captive and its suppliers
Development and execution of captive growth strategies
Review of portfolio efficiency and potential diversification
Development of new insurance products for captives to enable clients to monetise the value of the risks they face from their day-to-day business activities
R&Q Insurance Holdings (‘R&Q’) is proud to continue its partnership with the Global Captive Podcast, supporting the growth of an exciting new initiative for the corporate insurance community.
R&Q is a leading provider of finality solutions for run-off portfolios and global programme capacity for MGAs and their reinsurers, utilising the A- rated capacity in the US and Europe through Accredited. R&Q Legacy has provided exit and restructuring solutions to corporates, captives, insurers and reinsurers through:
Acquisition
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Portfolio transfer (Novation)
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Reinsurance
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Insurance business transfer (inc. Part VII)
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SIR/Deductible reimbursement policies
R&Q was established in London in 1991, listed on AIM of the London Stock Exchange and headquartered in Bermuda with over 270 staff based in cities in the US, UK, Bermuda and Europe. R&Q operates in:
Lloyd’s of London
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Licensed to write business throughout the 27 European Union Member States and the UK through its UK Branch
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Admitted to write business in 50 US states and D.C.
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Bermuda Class 3A re-insurer
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Other domiciles include Guernsey, Rhode Island, Oklahoma, Cayman Islands, Barbados and Isle of Man
MAXIS Global Benefits Network (GBN) works in partnership with multinational clients to deliver the solutions they need to help them care for their people while meeting the strategic goals of their business. We’re a global network built on local expertise, with nearly 140 local member insurers in over 120 markets worldwide. We were founded in 2016, and are backed to this day, by two of the world’s largest and most trusted insurers: MetLife and AXA.
It’s our desire to shape the future of employee benefits. Our extensive research and data-driven approach has made us a leading partner in health and wellness and, our Data & Digital Innovation Lab is committed to investing in – and using – data analytics and innovation to improve the services we provide to multinational clients, as well as developing new ones.
London & Capital (L&C) is an independently-owned wealth and asset manager creating investment solutions that meet clients’ needs. Established in 1986, we have £3.9 billion (as at December 2019) of assets under management. Our investment teams create tailor-made portfolios designed to perform when it matters most. It’s a highly sophisticated process driven by multi-asset investing, open architecture and an obsession to preserve our clients’ wealth.
Our adviser-led asset management service is a full end-to-end proposition, from identifying client objectives and risk appetite to designing a framework, portfolio construction and management, to ongoing monitoring and reporting. We can even help you with finding a custodian. L&C manage over USD1 billion on behalf of captive insurers, reinsurers and supranational organisations.
Advisor led
Other asset managers tend to focus solely on the investment aspect of portfolio construction. Our objective is to integrate into your investment making decisions providing advice and assurance throughout the investment process. Our first-hand experience of the insurance industry as investment consultants, insurance managers and in-house chief investment officers means we have a well-rounded understanding of insurers’ investment needs.
Asset management
Being specialist rather than generalist helps us manage your portfolio as it means advice is based on a forensic understanding of your needs rather than the ‘off the peg’ service offered by many larger asset managers. We focus on capital preservation, only taking risk where that risk is adequately compensated.
Consolidated reporting
At the back-end we provide a reporting system that will take care of your investment accounting, compliance and portfolio reporting, annual audits and risk analytics. It is available online so you can access it from anywhere with an internet connection.
Insurwave works with speciality insurance teams across logistics, marine, aviation and energy organisations to modernise their insurance interactions. The Insurwave platform was developed from a client’s perspective, focusing on the insurance buyer’s needs and challenges they face.
The comprehensive SaaS technology platform liberates the entire insurance chain from painstaking admin so that insurance buyers now have the time to focus on identifying and managing new and emerging risks.
The platform provides easy access to real time, reliable source of quality data plus enhanced valuable insights, meaning insurance buyers now have everything in one place needed to make quicker and better insurance decisions for their business.
Founded in 2018, Insurwave has continually advanced its technology platform in response to insurance buyers’ requirements and now supports over 50 clients globally. That’s over 11,000 assets (vessels, ports & terminals, aircraft and property), including 8% of the global marine fleet, with a combined insurance value of $120bn that are now active on the Insurwave platform.
The origins of Guernsey’s insurance industry date back to the 18th century. The first captive insurance company was incorporated in 1922 and since then, Guernsey has become the world’s leading centre for non-US and international captive insurance. As the leading captive insurance domicile in Europe, Guernsey has a third of the entire European captive market, with more than 300 active structures, including the captives for some 20% of the UK’s FTSE 100. In addition to UK companies, a number of firms in Europe, USA, Middle East, Asia, South Africa, Australia and the Caribbean have established captives in Guernsey.
2020 saw the market development of a pilot scheme for pre-authorisation for insurance cells from the regulator, the Guernsey Financial Services Commission. Demonstrating a flexible approach to regulation, and enabling buyers to increase their control over difficult renewals during the current market cycle, it immediately proved popular. Guernsey has also been at the forefront of the development of longevity risk transfer. Recent years has seen several ground-breaking longevity swap structures established in Guernsey using captive insurance companies in place of insurance intermediaries, cutting out intermediary fees and removing the need for price averaging.
More recently, Guernsey has also been increasingly recognised as a centre for reinsurance and insurance linked securities; with special purpose insurers used for catastrophe bonds, sidecars and life-based securitisation. The island’s insurance sector continues to be recognised for excellence, with a string of awards for European domicile of the year and also, in recent years, as a non-Asian domicile serving the Asian market. In keeping with the island’s status as a leading centre for green and sustainable finance, Guernsey continues to develop plans to enhance green insurance, a proposal currently focused on the island’s life assurance sector.
