Tuesday, March 28, 2023

Captive Owner

Hard market has increased the captive value proposition – RIMS President

A challenging property market in the United States is proving a particular headache for risk professionals and captives are a good option when seeking alternative solutions, according to RIMS president Jennifer Santiago speaking in an exclusive interview on the Global Captive Podcast.

GCP #80: RIMS President Jennifer Santiago, Dan Towle previews CICA 2023

Jennifer Santiago, head of risk management & safety at Wakefern Food Corp, is in the co-host's chair in her capacity as the new President of RIMS and discusses her long and varied background with captives and how she's seen the value of captives only be emphasised and become more mainstream during this hard market cycle.

Fluid Truck forms DC captive for auto covers

Fluid Truck, an American commercial vehicle truck rental company, has established a single parent captive in Washington DC, in preparation for its April insurance renewals.

Doctor “didn’t have a choice” but to explore captives in order to manage risk

Dr Ira Richterman, CEO of Ohio-based OMNI Orthopaedics president of Cayman-domiciled medical malpractice captive StarKap, has told Captive Intelligence that he and the other physicians within the captive had limited choice but to turn to captives in order to continue working as physicians.

Cayman-domiciled “sustainability focused” group captive launched by Zurich, ICS

Zurich North America has partnered with Innovative Captive Strategies (ICS) to launch a Cayman-domiciled group captive that will bring together companies wanting to optimise their risk management programmes and...

Lactalis the latest French captive licence, momentum continues

The formation of Sorelac continues the momentum in France’s captive sector after the 2023 Budget (PLF) made progress, including provisions for introducing a new regulatory regime for captives.

OneNexus targets doubling of $1.2bn funding for decommissioning wells

OneNexus is planning to increase the $1.2bn in funding it is providing to oil and gas companies to help them decommission their liabilities, according to the company’s chief risk officer, Gerry Willinger.

Turbulent political violence market could increase captive utilisation

Insurance buyers seriously assessing the feasibility of writing political violence risks through their captives for the first time.

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GCP #81: Zurich’s Emma Sansom and Megan Ogden of EIS Insurance Services

Richard is joined by guest co-host Emma Sansom, group head of captives at Zurich, who discusses her priorities in the new role, their view on D&O in captives and Zurich is supporting more cyber captive programmes.

GCP Short: Hylant’s European captive strategy

In a 15 minute discussion, Richard is joined by Anne Marie Towle, CEO of Global Captive Solutions at Hylant, and Alexandra Gedge, Senior Captive Consultant, to discuss their view and strategy for expansion into the European market.

GCP Live @ CICA 2023

This GCP Live episode was recorded in front of a live audience as the closing session of the CICA International Conference in Palm Springs, California on Tuesday, 7 March.