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News
Obusek to retire from North Carolina insurance DoI
30+ min ago (339+ words) Captive International - Obusek to retire from North Carolina insurance DoI North Carolina Insurance Commissioner Mike Causey has announced the upcoming retirement of chief deputy commissioner Jackie Obusek (pictured), who will step down, effective October 1. The North Carolina Department of Insurance…...
WTW highlights growing case for moving employee benefits into captives
6+ day, 6+ hour ago (395+ words) Companies are increasingly considering whether to bring employee benefits into their captive insurance arrangements as they look for greater control over costs, risk and workforce data, according to a new analysis from WTW. In a new article examining “why and…...
MHW+ targets rising employer healthcare spend
3+ week, 5+ day ago (232+ words) MHW Benefit Partners, which provides employee benefit programs for group captives, consortiums and single employers, has launched MHW+, a turnkey bundle of coverage, care and savings solutions designed to give employers greater transparency, control, and proven solutions to address healthcare…...
Hawaii tweaks captive insurance framework
1+ mon, 3+ day ago (221+ words) Hawaii has updated its captive insurance framework to more closely align examination requirements with a captive’s risk profile. Under Act 255, signed into law by Hawaii governor Josh Green on Tuesday (July 14), each captive (other than risk retention groups) will continue…...
Redion launches new multinational employee benefits solution
1+ mon, 2+ week ago (200+ words) Redion has launched its direct Cross-Border Employee Benefits Solutions business, a strategic step that it says broadens its offering and supports the evolving needs of multinational clients. By adding direct insurance to its existing global solutions for multinationals, Redion Employee…...
Marsh launches Marsh Nexus Captive Solution for multinationals
2+ mon, 2+ day ago (338+ words) Captive International - Marsh launches Marsh Nexus Captive Solution for multinationals Global broker Marsh has unveiled a new captive insurance offering to help multinationals tackle the increasing risks and costs associated with their international employee benefits programmes. Marsh Nexus Captive Solution…...
Technology, transparency and trust: how captive insurance is evolving
2+ mon, 3+ day ago (304+ words) Captive insurance has undergone significant change over the past decade, with technology and data analytics becoming central to how captive programmes are managed and assessed. According to Tom Potter, chief underwriting officer – long tail at HDI Global UK and Ireland,…...
Captive health checks can unlock new value
2+ mon, 2+ week ago (193+ words) Captive owners should periodically review their programmes to ensure they continue to meet changing business and risk management needs, according to Brown & Brown’s managing director of alternative risk consulting, Matt Gravelin (pictured), Captive Review reports from Bermuda. Speaking at the…...
Conservative approach helps Bermuda captive write representations and warranties insurance
2+ mon, 2+ week ago (199+ words) Captive International - Conservative approach helps Bermuda captive write representations and warranties insurance Constellation Software has successfully integrated representations and warranties (R&W) insurance into its captive programme, Captive Review reports from Bermuda. Crescent Insurance, the captive of Constellation formed in 2022 in…...
HDI Global France marks 25 Years with record premium growth
2+ mon, 2+ week ago (439+ words) Captive International - HDI Global France marks 25 Years with record premium growth HDI Global France is celebrating 25 years in the French corporate insurance market. To mark the anniversary, the insurer announced that it has surpassed EUR 800 million in gross written premiums…...