In this GCP Short, produced in partnership with the State ofVermont, Richard features the State's new generation of captive leaders. In August 2025, it was announced that ⁠Ian Davis⁠ was taking over as the president of the Vermont Captive Insurance...

The firm’s Capital and Captives division is led by Seth Denson, head of captives, reporting to Simon Hedley, Global CEO of Acrisure Re.

The captive will be available to cannabis operators in 24 states plus Washington DC where both medical and recreational use are permitted, as well as in an additional 16 states where cannabis is legal for medical use only.

Jiten Halai has been promoted to global chief underwriting officer for structured risk solutions at AXA XL.

Richard brings listeners two conversations recorded at the ⁠CICA⁠ International Conference that took place from 8 – 10 March in Desert Spring, California.

The Texas Department of Insurance (TDI) has hired Andrew Norton as captive insurance specialist to support the regulatory oversight of the state’s growing captive insurance market.

The Reserve Bank of New Zealand (RBNZ) has begun a consultation on insurance prudential legislation, with multi-cell captives included in the scope.

Gencon Insurance Company of Vermont, a captive providing primary and excess general liability coverage to organisations affiliated with the Seventh-day Adventist Church (SDA Insureds), has brought a lawsuit against its reinsurers – AIG subsidiary Lexington Insurance Company and Swiss Re subsidiary Westport Insurance Corporation.