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Artex Middle East to grow local team – Paul Eaton  

Building out a local team in Abu Dhabi is the next part of Artex’s expansion in the Middle East, according to Paul Eaton, CEO of Artex International. 

Gallagher appointed Hassan Ashtari as senior executive officer (SEO) of its Middle East joint venture in February, with Artex offering alternative risk management solutions in the Abu Dhabi Global Market (ADGM).  

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Captive Intelligence provides high-value information, industry analysis, exclusive interviews and business intelligence tools to professionals in the captive insurance market.

SRS Altitude’s Stepform produces “easy way in” for captive formations

SRS Altitude has launched its Stepform captive reinsurance product that supports insureds with a capital mechanism to get a new captive off the ground.

 A common hurdle to new captive formations is securing the initial capital injection to make a new (re)insurance company viable from one day, meeting minimum capital requirements set by regulators.

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Captive Intelligence provides high-value information, industry analysis, exclusive interviews and business intelligence tools to professionals in the captive insurance market.

Short: Vermont’s new captive leaders

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Christine Brown, State of Vermont
Ian Davis, VCIA

In this GCP Short, produced in partnership with the State of Vermont, 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 Association (VCIA), and in January this year it was confirmed ⁠Christine Brown⁠ was succeeding Sandy Bigglestone full time as the deputy commissioner of captive insurance at Vermont’s Department of Financial Regulation.

In a 24-minute discussion, Ian and Christine discuss their plans and priorities in their respective roles, the importance and valueof succession planning, and latest growth and developments in the Vermont captive domicile.

Ashleigh Sears to lead Lockton alternative risk solutions practice

Lockton has appointed Ashleigh Sears to lead its alternative risk solutions practice, including services such as captive consulting, structured risk solutions and fronting arrangements.

Prior to joining Lockton, Sears was head of alternative risk at Everest, and has previously held senior roles at Everest and The Hartford.

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Captive Intelligence provides high-value information, industry analysis, exclusive interviews and business intelligence tools to professionals in the captive insurance market.

Acrisure Re integrates capital and captives division 

Acrisure Re, the reinsurance division of global fintech Acrisure, has integrated Acrisure’s Capital and Captives division, bringing around 275 specialists across North America and Bermuda into a single platform. 

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

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Captive Intelligence provides high-value information, industry analysis, exclusive interviews and business intelligence tools to professionals in the captive insurance market.

Rob Brown joins Howden Markets to head employee benefits

Howden is strengthening its employee benefits proposition and has appointed Rob Brown as head of employee benefits for Howden Markets.

Brown, formerly of Zurich where he held multiple roles, most recently as head of corporate life & pensions business at Zurich Middle East. Before that, he was head of network partner manager for Global Employee Benefits Solutions (ZGEBS).

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Captive Intelligence provides high-value information, industry analysis, exclusive interviews and business intelligence tools to professionals in the captive insurance market.

Blackwell Captive Solutions launches group stop loss captives for cannabis industry 

Blackwell Captive Solutions has created a homogenous group medical stop loss captive for cannabis operators and growers. 

Historically, cannabis businesses have been paying substantially more for insurance than other industries, though the pricing has started to come down in recent years.

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Captive Intelligence provides high-value information, industry analysis, exclusive interviews and business intelligence tools to professionals in the captive insurance market.

AXA XL appoints global chief underwriting officer for structured risk solutions

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

Halai will develop the insurer’s non-traditional insurance solutions for corporate clients and captives.

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Captive Intelligence provides high-value information, industry analysis, exclusive interviews and business intelligence tools to professionals in the captive insurance market.

#133: CICA and Association Leaders Debate

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Dan Towle, CICA
Franck Baron, IFRIMA
Udo Kappes, ECIROA
Julia Graham

In episode 133 of the Global Captive Podcast, supported by the ⁠EY Global Captive Network⁠, Richard brings listeners two conversations recorded at the ⁠CICA⁠ International Conference that took place from 8 – 10 March in Desert Spring, California.

Dan Towle, President of CICA, was speaking on the eve of the conference and shares what is in store for delegates and some of the key priorities for the Association.

We then hear from three more senior leaders, who join Richard and Dan, to share broader perspectives from around the world on the areas of common challenge and opportunities across regions and where we could see more collaboration between associations.

The three additional guests are Udo Kappes, Chairman of the European Captive Insurance and Reinsurance Association (ECIROA), Franck Baron, Chairman of the Pan Asian Risk and Insurance Management Association (PARIMA) and President of the International Federation of Risk and Insurance Management Associations (IFRIMA), and Julia Graham, who at the time ofrecording was the outgoing CEO of Airmic, the UK’s risk and insurance management association and formally left her role at the end of March.

For the latest news, data-driven analysis and thought leadership on the global captive market, visit ⁠⁠Captive Intelligence⁠⁠ and sign up to our ⁠⁠twice-weekly newsletter⁠⁠.

Texas appoints new captive insurance specialist

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.

According to Ci DataHub, Texas is now home to 102 active captives and has already issued five new licences in 2026.

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Captive Intelligence provides high-value information, industry analysis, exclusive interviews and business intelligence tools to professionals in the captive insurance market.