This GCP Short, produced in partnership with RISCS, is all about the evolving reinsurance strategies of captives.
Joining Richard for 20 minutes, Oliver Schofield, Managing Partner, and David Hully, who joined RISCS as a Partner in July 2022, discuss the growing number of options and reinsurance partners available to captives, the importance of getting a sound reinsurance strategy in place from the beginning, and the changing market environment.
AXA XL is the P&C and specialty risk division of AXA, known for solving even the most complex risks. We offer traditional and innovative insurance solutions and services for mid-sized companies to the world’s largest multinationals in more than 200 countries and territories.
AXA XL is one of the world’s leading provider of captive solutions with products and services designed to support diverse captives and their parent companies. This includes providing captive fronting services for clients looking to use their captives for both traditional and emerging enterprise risks. In all instances, our award-winning team looks to partner with captive managers – and their brokers/external consultants – to create value for parent companies while managing their operations with maximum efficiency.
Global Programmes and Captives Regional Director, North America
Head of Captives and Facultatives Underwriting, APAC & Europe
Global Programmes and Captives Regional Director, UK & Nordics
Brown & Brown is a large account risk management firm that values depth of industry and product knowledge. Operating as a single profit center organized by specialization, we align our service teams to be structured based on what is best for your business rather than geographic convenience.
We go beyond one-off transactions and utilize advanced analytics on every program. By quantifying the effects each decision will have on a company’s risk profile, we take the mystery out of risk financing. Execution on analytical findings is our true differentiator in financing risk, mitigating losses, and affecting process changes. Our collective success is earned by creating the ideal risk management solution for you.
Captive Intelligence was launched in December 2022 to meet the growing demand for credible and relevant news and analysis of the global captive insurance market.
Through a combination of exclusive news stories and in-depth long read features, Captive Intelligence provides valued insight to captive owners, risk managers, service providers and regulators around the world.
Founder Richard Cutcher has reported on the world of captives since 2014, and has become a trusted commentator on the sector.
The Global Captive Podcast was launched in 2019 and has gone on to release almost 200 episodes attracting more than 130,000 listens and counting. More than 250 expert professionals, including 100 captive owners, have featured on the podcast since its launch.
It is free to listen and subscribe to, with flagship 30-minute episodes released every two weeks. Our GCP Shorts series also provide short, thought leadership insight into specific topics from some of the leading captive insurance professionals in the world.
You can listen to the Global Captive Podcast on the Captive Intelligence website, or any podcast app. Just search for ‘Global Captive Podcast’ on your platform of choice.
Captive Intelligence and the Global Captive Podcast are part of Global Captive Media Ltd.
Richard is an experienced captive insurance journalist and respected commentator, having covered the sector around the world since 2014. He was Editor of Captive Review magazine from 2014 to 2018, before joining the UK’s risk and insurance management association, Airmic.
In 2019, Richard launched the Global Captive Podcast to communicate this varied industry through a new and more intimate medium. He launched Captive Intelligence in 2022, building it into the industry’s most trusted online source of news, analysis and thought leadership.
Richard read History at the University of York and gained the NCTJ journalism diploma from News Associates in Wimbledon. Based in London now, he previously lived and worked in Cape Town and New York.
Nick Morgan began his career in captive insurance at Captive Review in 2002, where he transformed it from a quarterly magazine into the market’s largest subscription product. He spearheaded the launch of its events portfolio in 2008 and designed the inaugural European Captive Forum in 2010.
Nick joined Captive Intelligence in 2024, where he is focused on transitioning the business to a market intelligence and data services business, alongside our portfolio of new dynamic industry events.
Luke is a proficient insurance journalist and has reported the sector since 2021. He was previously a Reporter at online publication Insurance Insider from 2021 to 2022, covering a number of speciality lines including: Political Violence, Trade Credit, Construction and Product Recall (among others).
Luke joined Captive Intelligence in September 2022 as a Senior Reporter. He studied on the BJTC accredited Broadcast Journalism course at the University of Leeds. Luke then went on to gain a scholarship to study for a Master’s in Financial Journalism at City, University of London. He is based in Manchester, England and has spent time studying journalism in Hong Kong.
Lucy joined Captive Intelligence in 2025, reuniting with Nick and Richard. She has extensive experience in publishing and sales for the captive insurance market. She worked across multiple insurance titles at Pageant Media before being promoted to Senior Publishing Manager for Captive Review in 2014.
Lucy is also an experienced project manager having also worked for the European Medical Journal.
In this GCP Short, produced in partnership with Captive Resources, Richard is joined by Joseph Parrilli, Senior Vice President at Captive Resources, and Julie Antunes, Health & Wellness Coordinator at Abell, LLC to discuss the use of group captives to fund medical stop loss cover.
Joe talks about the wider market developments in medical stop loss and how group captives can be a successful option, while Julie shares with us her company’s own experiences of the group captive approach.
For more information on Captive Resources, visit their Friend of the Podcast page.
You can subscribe to the Global Captive Podcast on iTunes, Apple Podcasts, Spotify or any other podcast app.
This episode was recorded in front of a live audience at the European Captive Forum, in Luxembourg, on Wednesday 9 November.
Richard is joined by Marcus Reichel, Head of Insurance at German multinational Knauf, Lorraine Stack, MD and International Advisory and Sales Leader at Marsh Captive Solutions, David Power, CEO at Insurwave, and Emma Sansom, currently Head of Captive Services UK at Zurich Insurance Company.
The panel debate the future of captive insurance, including the increasing demand for technological evolution and captives’ role in energy transition and renewable projects.
Strategic Risk Solutions has opened an office in France, as expectations rise for a more captive friendly regulatory environment in the country.
SRS had historically been focused on the United States and offshore jurisdictions in North America, but first launched a European operation in Dublin in 2017.
It has since made acquisitions and opened offices in Malta, Luxembourg, Guernsey and Switzerland.
“Since our beginning we have always gone to where our clients want,” said Brady Young, SRS chairman and CEO.
“Clearly many French companies want to “go home” and operate their captive. We look forward to helping the domicile evolve in the future.”
Amrae, the French risk management association, has been lobbying the government to introduce captive specific legislation for the past two years and amendments are thought to be close which would present a more captive friendly regime.
“I am very excited to start our journey in France and lead up a fully dedicated local service team to serve the French-based insurance and reinsurance vehicles in the best way,” said Maxime Schons, managing director at SRS.
“Our French operations fills our model and presence across Europe to respond to the wider EU demand.” Peter Child, CEO of SRS Europe, said: “It’s exciting to be opening another office in Europe, and to establish a foothold in Paris ahead of all of our direct captive management peers is a great endorsement of our teamwork and deep levels of professionalism.”
In episode 75 of the Global Captive Podcast, supported by legacy specialists R&Q, Richard is joined by guest co-host Marco Giacomelli, Head of the IGP Employee Benefits Network.
Marco discusses his long background in international employee benefits and captives, trends and drivers in the sector, and why IGP are now keen to play a more pro-active role in the captive insurance space and be seen as a good option for EB fronting.
In this GCP Short, produced in partnership with We Are Guernsey and the Guernsey International Insurance Association (GIIA), we reflect on 25 years of protected cell company legislation in the jurisdiction.
The Protected Cell Companies Ordinance was legislated for in 1997 and at the end of 2021 there were 58 PCCs in the domicile, containing 294 cells excluding those used for insurance linked securities.
PCCs are used for a wide variety of reasons and business cases and in this 20 minute episode we hear from three experts with different perspectives of working with these entities across the full spectrum of utilisation.
Richard is joined by Paul Sykes, Managing Director of Aon Insurance Managers (Guernsey) Limited, Kate Storey, Partner at Walkers law firm, and regulator Caroline Bradley, Director of Authorisations and Innovation Division at the Guernsey Financial Services Commission.
For more information on Guernsey as a captive domicile, visit their Friend of the Podcast page.
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