Saturday, April 25, 2026

Membership options

Home Blog Page 50

Costs saving and improved benefits behind EB captive drive 


  • Captives provide D&I benefits not available on commercial market 
  • Financial benefits no longer key driver behind EB captive use 
  • Geographical risk spread important for EB success

Potential cost savings and improved benefits plans for employees are the two biggest drivers behind the growing trend of companies utilising captives to reinsure international employee benefits programmes. 

According to a recent Mercer Marsh report, health benefit costs per employee in the United States are expected to rise by 5.8% on average in 2025. 

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.

Thomas-Ferrand sees client service as key to new Marsh leadership role

William Thomas-Ferrand, the newly installed president of Marsh Captive Solutions, is keen to bring the full breadth of Marsh McLennan’s expertise to its clients as captives continue to evolve and seek more innovative and ambitious programmes.

Thomas-Ferrand began his new role on 1 January, having spent more than 20 years in Marsh’s captive business including positions in Bermuda and as head of office in Malta.

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.

Baptist General Convention of Texas to form captive pool for P&C risk 

Texas Baptists have authorised the Baptist General Convention of Texas (BGCT) to potentially form a captive pool to provide churches access to property and casualty insurance, according to the Baptist Standard.

After several carriers left the Texas market many churches have been unable to renew their policies or have faced steep pricing increases. 

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.

MSL group captives to increase with more “tightly controlled” groups anticipated 

A growing number of medical stop loss (MSL) group captives are forming in the United States, though a shift is expected over the coming years with groups becoming more restrictive on membership, according to Andrew Berry, president at SRS Employee Benefits. 

Medical stop loss captive use has increased in recent years largely due to spiralling medical costs in the commercial market. 

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.

GCP #118: William Thomas-Ferrand, Marsh Captive Solutions’ new president

0
William Thomas-Ferrand, Marsh Captive Solutions
Richard Cutcher, Captive Intelligence

In episode 118 of the Global Captive Podcast, supported by the EY Global Captive Network, Richard is joined by one of the new leaders of our industry – William Thomas-Ferrand, who is now ⁠president of Marsh Captive Solutions⁠.

Will, having spent more than 20 years working with captives and in numerous domiciles with Marsh, has succeeded Ellen Charnley in leading the world’s large captive manager, so Richard sat down with him in London to find out how he plans to approach the role.

They discuss the priorities when managing such a large portfolio of domiciles and clients, collaborating with other business units in Marsh McLennan and, of course, the fast evolving domicile landscape, particularly right now in Europe.

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.

JP Morgan captive has ratings affirmed 

AM Besthas affirmed the financial strength rating of ‘A’ (excellent) and the long-term issuer credit rating of “a” (excellent) of Vermont-domiciled Park Assurance Company. The outlook for the ratings is stable. 

Park is a single parent captive owned by JPMorgan Chase Holdings, which is a subsidiary of JPMorgan Chase & Co. (JPMorgan Chase), a leading global financial services group. 

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 financial strength rating of State Street captive 

AM Besthas affirmed the financial strength rating of A- (excellent) and the long-term issuer credit rating of “a-” (excellent) of Vermont-domiciled Federated Underwriting Company. The outlook for the ratings is stable. 

Federated Underwriting is a single parent captive owned by State Street Corporation, one of the world’s largest financial service organisations.  

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.

Alberta continues captive development with third-party risk, cell potential 

Alberta has continued to build on its early momentum with the jurisdiction now providing guidelines for captives wanting to write third-party risk, while there is also growing discourse around potential cell legislation. 

Since the inception of its captive statute in July of 2022, Alberta has proved a popular destination for Canadian businesses, with the jurisdiction now at 29 captives. 

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.

GCP #117: Professor Michael Zuckerman on captive education and state of the market

0
Michael Zuckerman, Fox School of Business

In episode 117 of the Global Captive Podcast, supported by the ⁠EY Global Captive Network⁠, Richard is joined by Michael Zuckerman, an experienced enterprise risk and captive consultant and most recently an Associate Professor for Instruction at Temple University’s Fox School of Business.

Michael discusses the school’s new Center for Risk Resilience and Sustainability, the need for more ART and captive focused education programmes, his views on the captive market’s evolution and future, and whether we should simply be ditching the 831(b) tax election altogether.

For the latest news, analysis and thought leadership on the global captive market, visit⁠Captive Intelligence⁠ and subsribe to our⁠twice-weekly newsletter⁠.

Effective captive regime can accelerate UK insurance market growth – Chris Lay 

An effective captive regime in the United Kingdom could accelerate growth of the country’s insurance market, according to Chris Lay, CEO of Marsh McLennan UK. 

Lay’s comments come following the 7 February deadline of the three-month consultation launched by the UK’s Chancellor of the Exchequer, Rachel Reeves MP, on whether to establish a UK regulatory regime for captives. 

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.