Sunday, April 21, 2024

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Employee Benefits

Premium increases in agriculture open the door to captives

The agriculture sector provides a unique opportunity for the captive industry to help organisations mitigate rising costs in the commercial market.

GROWMARK members saving $20m in premium from captive utilisation

Members of the GROWMARK captive are saving more than $20m in premium cost since placing their property risk inside the captive.

1.6% of MAXIS GBN claims for mental health – report

MAXIS Global Benefits Network (MAXIS GBN) has released a report analysing factors impacting employee health, revealing only 1.6% of all paid claims in MAXIS GBN’s data are for mental health conditions despite 22.9% of claims in the retail industry alone being for mental health.

MAXIS promotes Brown, Howley to regional BD director roles

MAXIS Global Benefits Network has appointed Aaron Brown and Larry Howley to the new positions of regional directors in the company’s business development team.

MAXIS partners with Maven Clinic specialising in women’s and family health

MAXIS Global Benefits Network (MAXIS GBN) has partnered with New York-based Maven Clinic, a virtual clinic for women’s and family health.

GCP Short: Social inflation, EB trends and captive growth

In this GCP Short, produced in partnership with Zurich Insurance and Zurich Global Employee Benefits Solutions (ZGEBS), we focus on social inflation, international employee benefits and the broader captive growth environment in America.

Fedeli “tentatively” granted ERSIA benefits exemption

The US Department of Labour has “tentatively” granted a United States’ Employee Retirement Income Security Act (ERISA) benefits exemption to Fedeli Group, which would allow the company to utilise its captive to write employee benefits cover.

GCP #95: Brady Young, Ron Sulisz on SRS’ future growth plans

Richard is in Nashville, Tennessee to find out the latest from independent captive manager, Strategic Risk Solutions, including interviews with Brady Young, Ron Sulisz, Tony Sanchez, Andrew Marson, Wendy Dine and Jeff Fitzgerald.

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GCP #101: The Boys Town captive, and MAC on life after regulating

Richard is joined by David Williams, Director of Risk Management & Safety at Boys Town, to discuss the Tennessee-captive formed by the not-for-profit in 2022, and former regulator Michael Corbett.

GCP Short: Captive utilisation by Family Offices

This GCP Short, featuring EY's Mikhail Raybshteyn and Spring's Prabal Lakhanpal, focuses on captive utilisation by Family Offices.

GCP Short: Nick Hentges on group captive growth, new lines and limits

Richard was delighted to welcome Nick Hentges, CEO of Captive Resources, back onto GCP for an in person catch up at the CICA International Conference in Scottsdale, Arizona, in March.