Friday, January 2, 2026

Membership options

Home Blog Page 42

Bigglestone appointed acting commissioner for State of Vermont

Richard Cutcher
-
0
Bigglestone appointed acting commissioner for State of Vermont

Sandy Bigglestone, deputy commissioner of Vermont’s Captive Insurance Division, will become acting commissioner for the State’s Department of Financial Regulation (DFR) from 1 January.

Governor Phil Scott has named Bigglestone following the retirement of incumbent Commissioner Kevin Gaffney.

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

Augment Risk launches captive and ART offering led by Steve McElhiney

Luke Harrison
-
0

Augment Risk has appointed Steve McElhiney as partner of its newly created captive and alternative risk transfer (ART) solutions offering. 

Based in Dallas, McElhiney will develop Augment Risk’s legacy solutions within the captive space, identifying opportunities to repurpose micro captives and explore initiatives with various capital providers. He will also extend the firm’s captive capabilities to MGAs.

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

Hylant appoints four new members to its captive team

Luke Harrison
-
0

Hylant’s Global Captive Solutions team has added four experienced captive professionals as it continues to strengthen its capabilities.

Meg McIntire has joined as, captive account manager, Tom Hauschild, as senior captive account manager, Courtney Doherty, as captive account executive, and Pravin Rakhecha has been hired as senior captive account manager.

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

Former CIMA head of insurance Gordon Rowell passes away

Luke Harrison
-
0

Gordon Rowell, former head of insurance at the Cayman Islands Monetary Authority (CIMA), and a respected figure in the Cayman insurance industry, has passed away.

Beyond his role at CIMA, Gordon held senior positions with various organisations, including CEO at the Cayman Islands National Insurance Company (CINICO), vice president at Marsh Management Services (Cayman), chief reinsurance officer at TWG Re, and COO of Time Insurance Company II.

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

Virtual captives providing alternative to traditional captive structures 

Luke Harrison
-
0
Virtual captives providing alternative to traditional captive structures 
  • Quicker to implement than traditional captives 
  • Can be used for short-tail and long-tail lines of business  
  • No need for upfront capital with a virtual captive 
  • Virtual captives can begin the journey to a PCC or pure captive strategy 

Virtual captives are being utilised by a many companies as an alternative option to more traditional captive structures. 

There is no strict definition of what constitutes a virtual captive with the term loosely defined in comparison to legal entities such as a single parent captive or a protected cell company (PCC). 

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

Captives writing non-traditional risks a growing trend – XN Captive’s Dobrinsky 

Luke Harrison
-
0
Captives writing non-traditional risks a growing trend – XN Captive’s Dobrinsky 

More companies are looking at using their captives to write non-traditional risks, according to Judah Dobrinsky, director of risk finance at XN Captive.

XN Captive is a “one-stop-shop” for captive services including captive management, programme structuring, actuarial, legal counsel, tax and audit functions, and accounting.  

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

Isle of Man regulator consulting on “easier to use” captive language 

Luke Harrison
-
0

The Isle of Man Financial Services Authority is inviting feedback on proposed updates to its Insurance Regulations 2025. 

Under the Insurance Act 2008, before making the proposed regulations, the Authority is required to consult with the Treasury and other organisations and persons that are likely to be affected by the proposed regulations. 

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

OPEN RISK DATA Association established

Luke Harrison
-
0

The OPEN RISK DATA Association e.V. has been formed with the aim of enhancing the exchange of large corporate insurance risk data.

The large corporate insurance industry has often struggled with unstructured data in the pre-bind and post-bind phase of managing complex risks, and the Association hopes to drive efficiencies in this process.

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

Phillips 66 captives get ‘Excellent’ rating affirmed 

Luke Harrison
-
0

AM Best has affirmed the financial strength ratings of ‘A’ (excellent) and the long-term issuer credit ratings of “a” (excellent) of Vermont-domiciled Spirit Insurance Company and Cayman-Islands Radius Insurance Company. The outlook for the ratings is stable. 

Spirit and Radius are captives owned by Texas-based energy multinational, Phillips 66, and are both managed by Marsh. 

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

AM Best affirms rating of Enel captive

Richard Cutcher
-
0

AM Best has affirmed the financial strength rating of ‘A-‘ (excellent) and the long-term issuer credit rating of “a-” (excellent) of Italy-domiciled Enel Reinsurance – Compagnia di Riassicurazione S.p.A. (Enel Re).

The parent of the captive is Enel S.p.A. a multinational electric utility company based in Italy.

Subscribe to Ci Premium to continue reading
Captive Intelligence provides high-value information, industry analysis, exclusive interviews and business intelligence tools to professionals in the captive insurance market.
1...414243...150Page 42 of 150

© 2025 Global Captive Media Ltd.