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GCP #64: Anne Marie Towle, Kristen Peed, Alex Gedge, Brittany Nevins and Kevin Mead

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Anne Marie Towle, Hylant
Kristen Peed, CBIZ
Brittany Nevins, State of Vermont
Kevin Mead, Vermont Captive Insurance Association

In episode 64 of the Global Captive Podcast, supported by legacy specialists R&Q, Richard is joined by five guests who were all interviewed at the CICA International Conference in early March.

The guest co-host for the episode is Anne Marie Towle, Global Captive Solutions Leader at Hylant, who discusses the captive practice’s expansion over the past two years and expansion into Europe. Alex Gedge, Senior Captive Consultant at Hylant, also joins in the second half of the episode.

Kristen Peed, Director of Corporate Risk Management at CBIZ, explains why the professional services firm has embarked on a captive formation feasibility study.

We are also joined by two relatively new names in the Vermont captive sector. Brittany Nevins, the State’s Captive Insurance Economic Development Director since September 2020, and Kevin Mead, appointed president of the Vermont Captive Insurance Association, in February 2022 will introduce themselves to listeners for the first time.

GCP Short: Defeat for IRS as Notice 2016-66 is labelled “arbitrary” and “capricious”

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Cassie Bachman, Elevate Risk Solutions
Gary Osborne, Risk Partners
Kevin Doherty, Dickinson Wright

In this GCP Explainer episode, Richard is joined by three legal and captive experts from the United States to discuss the 21st March judgement from the District Court of Eastern Tennessee striking down the Internal Revenue Service’s controversial Notice 2016-66.

The Court ruled that the Notice did not comply with the Administrative Procedure Act and labelled it “arbitrary” and “capricious”.

Explaining what the ruling says, what it means in practical terms for captive owners who make the 831(b)tax election, their captive managers and advisors and the strategy of the IRS in scrutinising these captive structures are Kevin Doherty, a member of Dickinson Wright’s law practice in Nashville, Cassie Bachman, Managing Director of Operations & Legal at Elevate Risk Solutions, and Gary Osborne, vice president at Risk Partners.

GCP Short: Captives beyond the hard market

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Pete Kranz, Brown & Brown
Matt Gravelin, Brown & Brown

In this GCP Short, produced in collaboration with Friends of the Podcast Brown & Brown, Richard is joined by Pete Kranz, Captive Practice Leader, and Matt Gravelin, Vice President, to discuss captives beyond the hard market.

​Pete and Matt explain how captive strategies might be adjusted if the commercial market softens or stabilises, whether we will still see such a strong interest in captive formations and the long term outlook for captives.

GCP #63: Elke Vagenende, Microsoft’s captive strategy and CICA’s Dan Towle

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Elke Vagenende, AIG
Dan Towle, CICA
Stephanie Lampi, Microsoft
Anthony Tropea, Microsoft

In episode 63 of the Global Captive Podcast, supported by legacy specialists R&Q, Richard Cutcher is joined by guest co-host Elke Vagenende, Global Head of Mutlinational at AIG, the Microsoft captive and employee benefits team, and Dan Towle, President of CICA.

Elke discusses AIG’s various touchpoint with captives, international programmes, D&O and the new lines she is seeing going into captives.

Stephanie Lampi, Senior Risk Manager at Microsoft and director & officer of the computing giant’s captive insurance companies, and Anthony Tropea, Global Health Benefits Manager at Microsoft, explain to listeners how their three captives are used and the collaborative approach they take to insuring international employee benefits.

Finally, CICA’s Dan Towle returns to the pod to review a return to an in-person International Conference in Tucson, Arizona.


For more episodes and to subscribe to the Global Captive Podcast see:

GCP Live @ CICA 2022

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Dan Towle, CICA
Karen Hsi, University of California
Prabal Lakhanpal, Spring
Heather McClure, Aon

We begin our fourth season, GCP 2022, with an episode recorded at the CICA International Conference on Tuesday, March 8 in front of a live audience.

Richard is joined by eight guests for something a bit different, as they debate future trends, common misconceptions and take part in some captive trivia – a game of Captive Domicile Higher or Lower. The line-up of guests were split into teams of four.

Team One: Prabal Lakhanpal, Spring Consulting Group. Karen Hsi, University of California. Kristen Peed, CBIZ. Jim Bulkowski, EY.

Team Two: Heather McClure, Aon. Sandy Bigglestone, Vermont. Nick Hentges, Captive Resources. Dan Towle, CICA.

GCP #62: Dan Towle, Jim Bulkowski and Quarterly Investment Updates with London & Capital

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Jim Bulkowski, EY
Dan Towle, CICA
Chris Dalziel, London & Capital
Roger Jones, London & Captial

In episode 62 of the Global Captive Podcast, supported by R&Q Legacy, Richard is joined by Dan Towle, President of CICA, to look forward to the return of the Associations International Conference, from 6-8 March in Tuscon, Arizona.

Richard and Dan also discuss ESG, plans for a first IN-PERSON GCP Live episode recording at the conference and some predications for 2022.

Jim Bulkowski, Americas Captive Services Co-Leader at EY, discusses how he has seen captive programmes change over the past two years and projections for 2022, while Chris Dalziel and Roger Jones, of London & Capital, provide us with our latest quarterly investment update.


For more episodes and to subscribe to the Global Captive Podcast see:

GCP Short: Developing and training young talent

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Paul Woehrmann, Zurich
Hayley Robinson, Zurich
Ainara Saavedra, Zurich
Ildar Abdulkhaev, Zurich

This GCP Short, produced in collaboration with Zurich, is all about developing and training young talent. Over 10 minutes, Richard is joined by five guests from Zurich Insurance Company who either have a keen interest in recruiting and developing the next generation of talent or are part of that generation themselves:

Paul Wöhrmann, Head of Captive Services
Sally Henderson, Global Head of Talent.
Ildar Abdulkhaev in the Zurich Central Captive Services Team
Ainara Saavedra, Captive Fronting Manager
Hayley Robinson, Group Chief Underwriting Officer

GCP Short: The Barbados captive landscape

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Darren Treasure, London & Capital
Kirk Cyrus, SRS

In this GCP Short, produced in collaboration with London & Capital, Richard is joined by Darren Treasure, Executive Director of London & Capital’s Caribbean office, and Kirk Cyrus, Managing Director for Strategic Risk Solutions in Barbados, to address the captive landscape in the jurisdiction.

Darren and Kirk discuss the Barbados’ domicile profile, where future growth is expected to come from and the investment attitudes of captives in the jurisdiction.

GCP Short: One year of fast-track cell authorisation in Guernsey

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Peter Child, SRS
Justin Upson, Robus Group
Mark Rogers, Artex

In this GCP Short, produced in collaboration with We Are Guernsey and the Guernsey International Insurance Association, we examine the utilisation of the jurisdiction’s fast track pre-authorisation scheme for insurance cells.

​After a successful one year pilot, the GFSC has decided to extend the scheme indefinitely and Richard is joined by Mark Rogers, of Artex, Justin Upson, of Robus, and Peter Chid, of Strategic Risk Solutions, to discuss how the pilot has been used, why it is a beneficial new tool and future use cases.

GCP Short: Group captive growth in 2021

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Nick Hentges, Captive Resources
John Wilbur, Roadmaster Group

In this GCP Short, produced in collaboration with Captive Resources, we’ll be looking back on another turbulent year for the business community and insurance market and assessing how the group captive concept has held up and even thrived over the past 12 months.

Richard is joined by Nick Hentges, CEO of Captive Resources, and John Wilbur, CEO of the Roadmaster Group and a board member of Affinity Insurance Ltd, the group captive Roadmaster is a long-standing member of.

Nick and John discuss how the pandemic and hard insurance market has impacted group captives, the Captive Investors Fund and how much further growth is expected in the sector.