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.
In this GCP Short, produced in partnership with Swiss Re Corporate Solutions, Richard is joined by Thomas Keist and Marco Adamo to discuss multi-line, multi-year reinsurance structures.
Swiss Re Corporate Solutions will be speaking on two panels at the European Captive Forum in Luxembourg on 9 November. One, featuring Thomas on Resilient Capital Allocation, and another on Optimizing Captive Reinsurance.
For more information on the European Captive Forum, visit the website.
For more information on Swiss Re Corporate Solutions’ captive services, visit their Friend of the Podcast page.
In this GCP Short, produced in partnership with MAXIS Global Benefits Network, we discuss the process and rationale when establishing a new captive with the primary purpose of insuring international employee benefits.
For more than 20 years existing captives have been adding the parent’s global employee benefits programmes to their portfolio, but more recently we have started to see EB being the initial driver of a new captive formation. One of these cases is Meta, which set up its first captive in Hawaii at the end of 2020.
In this episode Richard is joined by Janaize Markland, Director of Business Risk & Insurance at Meta, and Julie Nye, Regional Business Development Manager at MAXIS, to address how to set out the business case for establishing a new captive for employee benefits, the role and relationship with the fronting network in the onboarding process, and whether we expect to see more such cases in the near future.
For more information on MAXIS Global Benefits Network and their captive services, visit their Friend of the Podcast page.
Richard recorded a special GCP Live episode from the Leadenhall Building in London on Thursday, 20 October to celebrate 100 years of captives in Guernsey.
Joined by States of Guernsey Deputy and insurance lawyer Mark Helyar, Airmic CEO Julia Graham and Malcolm Cutts-Watson, of Cutts-Watson Consulting, the panel discuss the origin and evolution of captives in Guernsey, what the future may hold and indulge in a game of Captive Domicile Higher or Lower.
In episode 74 of the Global Captive Podcast, supported by legacy specialists R&Q, Richard is joined by Shadrack Kwasa and Sanjay Joshi for an eventful third quarter investments update. In a bumper episode, Shadrack and Sanjay focus on recent activity in the UK bond markets, interest rates and currency volatility and what the environment means for captives.
There is also an extended interview with Jelto Borgmann and Dirk Schilling, of HDI Global, to discuss European captive trends concerning new formations, Solvency II, cyber and D&O.
Senior Reporter Luke Harrison returns from the FERMA Forum in Copenhagen where the energy transition and role for the commercial market and captives was debated.
In several short interviews, Luke is talks to: Professor Simon Grima, FERMA Board Member Dr. Ulrich Adamheit, Head of Business Risk at Vattenfall, Marc Paasch, Global Head Strategic Risk Consulting and Global Head Alternative Risk Transfer at WTW, Claude Weber, Managing Director at Marsh Captive Solutions in Luxembourg, and Marine Charbonnier, Global Programs and Captives Regional Director Europe at AXA XL.
In this GCP Short, produced in partnership with London & Capital, we discuss managing investment portfolios for cell companies.
Richard is joined by London & Capital’s Kate Miller, Partner and Head of Institutions, and Shadrack Kwasa, Executive Director.
Kate and Shadrack discuss the type and profile of cell captives they work with, the unique challenges and considerations for cells when looking for investment management services and their own approach to managing cell assets.
For more information on London & Capital’s captive services, visit their Friend of the Podcast page.
In this GCP Short, produced in collaboration with We Are Guernsey and the Guernsey International Insurance Association (GIIA), we really focus on what ethical investing means for captives and how it can, and already is, being implemented.
GIIA launched its ESG Framework for Insurers in May 2021 and joining us for this episode are Adele Gale, Deputy Chair of the Association and a Director at Robus Group, as well as Ian Corder, Director of Standards and Operations at ESI Monitor, which can provide a kitemark to validate insurers’ participation.
We are also joined by investment experts Jennifer Strachan, Sustainability and Business Development Manager at IAM Advisory, and Shadrack Kwasa, Executive Director at London & Capital.
For more information on the ESG Framework for Insurers, visit here.
For more information on Guernsey as a captive domicile, visit their Friend of the Podcast page.
Scott Reynolds, American Hardware & Lumber Insurance
Leslie Robinson, WTW
Grainne Richmond, Aon
In episode 73 of the Global Captive Podcast, supported by legacy specialists R&Q, Richard interviews Ali Quinlivan, Head of International Insurance & Captives at Google, about her 20 year career in captive management and consulting.
Listeners are also introduced to Luke Harrison, who has joined GCP as Senior Reporter and recently attended the Bermuda Captive Conference. Luke shares interviews with Scott Reynolds, President & CEO at American Hardware & Lumber Insurance and also President of the Bermuda Captive Owners Association, as well as conference committee members Leslie Robinson, Luis Delgado and Grainne Richmond.