Regulation

Chris Dalziel shares his views on how the UK could potentially stand out as a domicile option in how it permits capital to be used and allowable investments, and also brings us up to speed on the newly rebranded W1M and its work with captives.

Richard is joined by Amy Antczak, Co-Founder of GreenieRE, and Vermont's Christine Brown to share the case study of a sponsored captive formed to provide additional capacity for renewable energy projects in the United States.

The Vermont Department of Financial Regulation announced last month that Bigglestone would be retiring from the State on 1 January, 2026 after working there for almost 30 years.

If a UK regulatory environment turns out not quite hitting the mark, a new generation of captive curious companies may have been flushed out, sold the dream but chosen Guernsey or another established domicile more suited to their needs.

It is important the United Kingdom’s commercial market respects captives as “a really good friend” rather than simply an “acquaintances” if a domestic regulatory regime is to succeed, according to Chris Lay, CEO of Marsh McLennan UK. 

A dynamic captive market is expanding choice for risk managers and enabling fronting insurers to better meet the needs of clients, according to Joshua Nyaberi, Head of Captive Fronting, Zurich Commercial Insurance.

CICA president Dan Towle believes the United Kingdom entering the domicile landscape could mark a new era for captive insurance and will be “incredible” for the captive industry.

Richard is joined by Paul Shimomoto and Matt Takamine to discuss recent activity in the domicile, accelerating interest from Japan and its upcoming 40th anniversary as a domicile.