Global Captive Podcast

In episode 102 of the Global Captive Podcast, supported by the EY Global Captive Network, Richard brings two very different interviews.

01.30 - 12.50: Matthew Reddington, partner and head of the tax controversy practice at ZMF, discusses the recent jury verdict in favour of RMC Group and its CEO Raymond Ankner in a court battle with the Internal Revenue Service.

13.51 - 36.04: Loren Crannell, director and head of global risk and insurance at American e-cigarette company Juul Labs, tells me why forming a captive has been such an important enabler for the business in recent years.

For the latest news, analysis and thought leadership on the global captive insurance market, visit Captive Intelligence and sign up to our twice-weekly newsletter.

In episode 101 of the Global Captive Podcast, supported by the EY Global Captive Network, 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.

Richard also catches up with Michael Corbett, senior vice president at Pinnacle Financial Partners, and a non-executive director on the Boys Town captive.

Corbett, Tennessee's former captive regulator, is also now president of the bank's Apex Captive Insurance Company.

For the latest global captive news, analysis and thought leadership, visit Captive Intelligence and sign up to our twice-weekly newsletter.

This GCP Short, produced in partnership with the EY Global Captive Network and hosted Richard Cutcher, focuses on captive utilisation by Family Offices.

Mikhail Raybshteyn, partner and co-leader of EY Captive Insurance Services (Americas), and Prabal Lakhanpal, senior vice president at Spring Consulting Group, share their insight into the world of family offices, their unique insurance needs and challenges and where we could expect to see a greater utilisation of captives in this space in the future.

For more information on the EY Global Captive Network, visit their Friend of the Podcast page.

For the latest news, analysis and thought leadership on the global captive insurance market, visit Captive Intelligence and sign up to our twice-weekly newsletter.

In this GCP Short, produced in partnership with Captive Resources, 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.

Nick covered a range of issues, including how the group captives are offering higher limits, a potential expansion into property lines and his wider ambitions for the organisation, particularly in medical stop loss.

For the latest news and analysis on the global captive market, visit Captive Intelligence.io and sign up to our twice-weekly newsletter.

In episode 100 of the Global Captive Podcast, supported by the EY Global Captive Network, Richard brings the first instalments of interviews recorded at the CICA International Conference that took place in Scottsdale, Arizona from March 10-12.

02.16 - 17.12: Sandy Bigglestone, Vermont’s deputy commissioner for captive insurance, discusses the latest captive activity in the State, how 2024 has started and the proposed changes to Vermont’s captive legislation.

17.55 - 27.31: Heather McClure, general counsel and chief risk officer at Helio Risk, tells us why Helio was launched, how it is working with brokers on captive education and her broader thoughts on development of the captive industry.

28.05 - 40.35: CICA president Dan Towle provides his take on the conference, the highlights and other developments at the Association.

For the latest news, thought leadership and analysis of the global captive insurance market, visit ⁠Captive Intelligence⁠ and sign up to the twice-weekly ⁠Captive Intelligence newsletter⁠.

The Global Captive Podcast, supported by the EY Global Captive Network, is live in Scottsdale, Arizona as the final session of the CICA International Conference.

This episode, featuring fun and informal captive chat and trivia, was recorded in front of a live audience on Tuesday, 12 March.

Our guests are:

Claire Richardson, of Hylant Global Captive Solutions

TJ Scherer, Spring Consulting Group

Melissa Hollingsworth, Atlanta Housing

Steven Bauman, AXA XL

Anjanette Fowler, PNC Institutional Asset Management

Matt Takamine, Brown & Brown

Nick Hentges, Captive Resources

For the latest news, thought leadership and analysis of the global captive insurance market, visit Captive Intelligence and sign up to the twice-weekly Captive Intelligence newsletter.

In this GCP Short, produced in partnership with London & Capital, Richard is joined by Shadrack Kwasa, executive director at London & Capital, and Adele Gale, Deputy Managing Director of Robus Group in Guernsey, to discuss onboarding and implementing a new investment strategy for your captive.

Shadrack and Adele debate the typical and variety of investment appetites amongst captive owners, why fixed income products are popular and the potential drawbacks of this approach and how to go about switching or onboarding a new strategy.

For more information London & Capital, you can visit their Friend of the Podcast page.

For more information on Hylant Global Captive Solutions, visit its Friend of the Podcast page here.

For more information on the Butler Student-Run Captive Insurance Company and its educational courses, click here.

Sign up to the twice-weekly Captive Intelligence newsletter here.

In this GCP Short, produced in partnership with Marsh Captive Solutions, Richard is joined by Chris Lay, CEO of Marsh McLennan UK, William-Thomas Ferrand, International Captive Practice Leader at Marsh, and Matthew Latham, Alternative Risk Transfer Leader at Marsh UK.

Chris, Will and Matt discuss the UK government's interest in establishing a captive regime, what it would mean for captive prospects and clients and what its unique selling proposition can be.

Read the latest news on the UK's captive prospects on Captive Intelligence here.

Chris, Will and Matt published a Thought Leadership on this topic here.

For more information on Marsh Captive Solutions, visit its Friend of the Podcast page here.

In episode 99 of the Global Captive Podcast, supported by the EY Global Captive Network, Richard is joined by two guests with exciting news to share and analyse.

01.24 - 09.37: Ellen Charnley, president of Marsh Captive Solutions, returns to the pod after the world’s largest captive manager launched ReadyCell earlier this month. ReadyCell utilises Marsh’s Mangrove protected cell company facility in Washington DC and promises a super fast set up time for new cell formations.  Ellen tells us how the product was developed and how they hope it will be utilised.

09.40 - 17.57: In November, we reported on Captive Intelligence that the first Italian captive had been formed. Richard interviews we Gabriele Frea, Head of Insurance and Risk Financing at Enel Group, who explains why they decided to ultimately re-domesticate from the Netherlands and the process involved.

To keep up to date with developments in the global captive insurance market, visit Captive Intelligence and sign up to our twice weekly newsletter.

Adriana Scherzinger, Head of Captives and Alternative Risk Solutions at Zurich North America, and Allen Kirsh, SVP and Head of Claims, Judicial and Legislative Affairs at Zurich North America, share with us the direction of travel for social inflation and what the commercial market is doing to mitigate its impact. They also consider the knock-on effect for captives and how they can respond.
 
We are also joined by two leaders from ZGEBS – Arnau Vila, Head of ZGEBS, and Guy Worsey, Director of Customer & Distribution Management for the Americas, who discuss trends in international employee benefits programmes.
 
If you would like more information on Zurich Insurance, visit its Friend of the Podcast page on the Captive Intelligence website.

01.29 - 16.54: The first half of Richard's interview with Matthew Grant, CEO of Instech, who discusses the evolution of the insurtech world and the increasing focus on insurance buyers.

17.00 - 36.20: Richard and Cameron MacArthur, founder and CEO at A.I. Insurance Inc, discuss where captives sit in adopting technology, and the potential for AI disruption now and in the future.

36.58 - 46.54: Joshua Pyle, vice president and head of risk & captive management at Boost, discusses the wider tech opportunities for captives, but also brings us up to speed on his role and the aims of Boost.

47.19 - 54.13: The second half our interview with Matthew Grant, of Instech, where he discusses the opportunities for captives in insurtech.

For the latest news, analysis and thought leadership from the global captive market, sign up for the ⁠Captive Intelligence twice-weekly newsletter⁠.

In this GCP Short, produced in partnership with HDI Global, and recorded in November at the European Captive Forum.

As we have reported throughout 2023, HDI has been expanding its captive fronting and alternative risk offerings and in this episode, Richars is joined by four members of the team from across Europe and the United States, as well as Nate Reznicek, President & Principal Consultant of Captives.Insure in the US.

From HDI, we hear from Etienne de Varax, Head of HDI’s Centre of Excellence for Risk Finance Solutions, and Captive Portfolio Manager Jelto Borgmann, based in France and Germany respectively, and US-based duo Marco Hansel, Senior Vice President and Underwriting Lead, and Jason Tyng, Vice President and Captive Lead.

For more information on HDI Global and its captive services, visit its Friend of the Podcast page.

For the latest news, analysis and thought leadership on the global captive insurance market, visit Captive Intelligence and sign up to our twice-weekly newsletter.

In episode 97 of the Global Captive Podcast, supported by the EY Global Captive Network, Richard is joined by a range of guests to discuss a variety of topics.

Timestamps and guests below:

00.00 - 01.34: Richard introduces the episode and our four guests.

01.34 - 21.53: Speaking in a personal capacity, experienced captive reglator Steve Kinion provides first hand insight into the long running legal dispute between the Delaware Department of Insurance, and the Internal Revenue Service, regarding access to documents concerning captives that were under investigation. He reflects on the outcome, and the potential implications.

21.58 - 36.08: Luke interviews Rick Da Costa, Partner and National Leader for Corporate and Regulatory Insurance & Reinsurance at Borden Ladner Gervais LLP, who brings us up to speed on activity in Alberta and its appeal as a new captive domicile for Canadian businesses.

36.11 - 48.48: Dennis Moore, Senior Sales Executive, and Scott Kurland, Managing Director at SS&C Technologies, tell us about their roles at SS&C and how they fit into the captive value chain.

The SS&C Insurance Solutions team will be attending the World Captive Forum next month in Orlando, Florida, so feel free to reach out to speak with a representative.

Richard referenced several articles and previous episodes during GCP #97. See links below.

GCP Explainer: IRS vs Delaware Department of Insurance

Hearing highlights: IRS totally fails to engage, 831(b) captives will close

Domicile landscape evolving fast for Canada’s prospective captive owners

Delaware updates regulation of Side A D&O and capitalisation requirements

For the latest news, analysis and thought leadership from the global captive market, sign up for the Captive Intelligence twice-weekly newsletter.

In this GCP Short, produced in partnership with Zurich Insurance, Richard is joined by Emma Sansom, group head of captives at Zurich, and Francesco Capraro, reinsurance captive operations manager for Saipem’s Switzerland-domiciled captive, Sigurd Ruck.

Emma, Francesco and Richard spend 30 minutes reflecting on some of the themes emerging from the European Captive Forum in Luxembourg, including discussion on fronting and reinsurance structures, parametric products, cyber and what needs to be done to secure the next generation of talent for the captive industry.

Richard references a previous GCP Short on cyber risk and captives, featuring the Solvay insurance team and CISO. Listen to it here.

For more information on Zurich Insurance and its captive services, visit its Friend of the Podcast page here.

For the latest news, insight and thought leadership from the global captive industry, visit Captive Intelligence and sign up for our twice-weekly newsletter.

Enel forms first Italian captive.

Four French captives formed to date in 2023.

UK captive consultation to launch in spring 2024.

For more information on AXA XL's captive services, visit its Friend of the Podcast page here.

For the latest news, analysis and thought leadership on the global captive insurance market visit Captive Intelligence and sign up to our twice-weekly newsletter.

In episode 96 of the Global Captive Podcast, supported by the EY Global Captive Network, Richard brings three distinct segments including a quarterly investments update, and discussions on voluntary benefits and captive solutions for the US middle market.

01.25 - 19.55: Andy Jeckells, co-CEO at I-RE, discusses why he is targeting America’s middle market for further expansion and uptake of captive solutions. I-RE are captive underwriting specialists based out of London, Bermuda and Miami. Andy shares his history, the I-RE proposition and his views on the captive landscape more broadly for the US middle market.

20.27 - 32.14: We have our latest quarterly investments update from London & Capital with Shadrack Kwasa, executive director, and Rabbani Wahhab, senior fixed income fund manager.

32.56 - 43.54: Kirk Watkins, founder and president of Promethean Risk Solutions, discusses captive-backed voluntary benefits and affinity programmes with Gary Osborne and Dave Provost, two of his advisory board members.

For the latest captive insurance news, analysis and thought leadership visit Captive Intelligence and sign up for our twice-weekly newsletter.

In episode 95 of the Global Captive Network, supported by the EY Global Captive Network, Richard is in Nashville, Tennessee to find out the latest independent captive manager, Strategic Risk Solutions.

01.55 - 13.27: CEO Brady Young and president Ron Sulisz discuss the firm's recent inward investment from Integrum Holdings LLP and its future plans for growth.

13.57 - 26.50: Captive owner Tony Sanchez, CEO of OneNexus Environmental, explains his fairly unique captive in Oklahoma, with Andrew Marson, a managing director at SRS. Read more about OneNexus here.

27.20 - End: Our last discussion is with Jeff Fitzgerald, who returned to the firm in August as managing director of a new division, SRS Benefit Partners, and Wendy Dine, an experienced benefits specialist with SRS for 11 years.

SRS announced today it had launched SRS Altitude, a managing general underwriter based out of Zurich. Read that story here.

For the latest captive insurance news, visit Captive Intelligence and sign up to our twice weekly newsletter.

In this GCP Short, produced in partnership with Marsh Captive Solutions, Richard is joined by Lorraine Stack, International Sales and Consulting Leader, and Maria Arana, Marsh's ESG Leader Europe.

Maria and Lorraine discuss how the commercial market is factoring ESG metrics into underwriting decisions, the ways we are already seeing captives contribute to ESG efforts and the direction of travel for both the commercial market and captives.

For more information on the ESG Risk Rating, referenced by Lorraine, click here.

To download the ESG Underwriting Survey, referenced by Maria, click here.

For more information on Marsh Captive Solutions, visit their Friend of the Podcast page.

This GCP Short, produced in partnership with We Are Guernsey and the Guernsey International Insurance Association, discusses the evolution of the governance landscape in Guernsey specifically, the role of independent non executive directors (iNEDs) on captive boards.

Richard hosts an engaging debate on iNEDs, the demands of the role, the possible restriction on the number of appointments, and whether more captive domiciles should make them a requirement.

The guests are:

• Airmic CEO Julia Graham, an iNED on three captive boards in Guernsey
• Peter Child, CEO for Europe at Strategic Risk Solutions
• Nick Wild, a local iNED with a long background in captive management.

In the introduction Richard references a previous GCP Short episode featuring a group European iNEDs debating the value of outside board directors. Listen here.

The updated Airmic Captive Governance Guide is referenced. You can download it here.

The Non-Executive Director (NED) Development Programme is referenced and discussed by Nick. For more information on the course, visit the GTA University Centre website.

For more information on Guernsey as a captive domicile, visit its Friend of the Podcast page here.

In this GCP Short, produced in partnership with MAXIS Global Benefits Network, Richard shares a live discussion recorded with two experienced EB captive users:

Marc Bentley, Director of Risk Finance at IHG, and Matthias Helmbold, Vice President of Global Risk Benefits, Health and Wellbeing at DHL.

Marc and Matthias explain when, why and how their respective companies started reinsuring international employee benefits in their captive, lessons learned along the way, how their programmes have evolved over time and what they want to achieve in the future.

The episode is introduced by Richard and Aaron Brown, Regional Manager for Business Development in the UK & Ireland at MAXIS.

For more information on MAXIS and its captive services, visit its Friend of the Podcast page.

Stay up to date with all major developments in the captive market by signing up to the twice-weekly Captive Intelligence Newsletter.

In this GCP Short, produced in partnership with Spring Consulting Group, Richard shares the cast study of the Haskell Company deciding to move out of a group captive structure to form its own single parent captive in Vermont.

Haskell Company’s CFO Bradford Slappey and Jeff Caudill, Vice President of Risk Management, discuss the profile of the company, the lines originally insured through the group captive and why they came to the decision to establish a pure captive.

Prabal Lakhanpal, senior vice president at Spring, explains the process involved and why Haskell and why its risk profile made a good candidate.

For more information on Spring Consulting Group, visit its Friend of the Podcast page on Captive Intelligence here.

Stay up to date with all major developments in the captive market by signing up to the twice-weekly Captive Intelligence Newsletter.

In this GCP Short, produced in partnership with Swiss Re Corporate Solutions, Richard explores the viability of more captive adoption of parametric policies.

Thomas Keist, Global Captive Solutions Leader, and Jan Bachmann, Head of Innovative Risk Solutions, explain how a captive can be utilised to absorb that basis risk that usually exists in a parametric policy.

Adrien Norulak, Head of Risk Analytics and Director of Innovation & Technology at Swiss Re, discusses how Risk Data Services (RDS) can also be used to minimise the basis risk and contribute to more accurate modelling and parametric triggers.

Adrien will be presenting on this topic at the European Captive Forum alongside client Fabien Couillard, insurance manager at TetraLaval, from 4.15pm on Wednesday, 8 November.

Read the Captive Intelligence long read on parametric insurance and captives here.

Stay up to date with all major developments in the captive market by signing up to the twice-weekly Captive Intelligence Newsletter.

In episode 94 of the Global Captive Podcast, supported by the EY Global Captive Network, Richard debates the potential for the UK to become a captive domicile after the Government hosted a roundtable on the topic.

02.18 - 26.00: Caroline Wagstaff, CEO of the London Market Group, which is lobbying hard for the initiative, and Charles Winter, Head of Strategic Risk Consulting at Aon Global Risk Consulting, discuss the background and analyse its potential for success.

27.25 - 44.00: Matthew Latham, formerly of AXA XL, Risk Transfer Leader in the Financial Solutions Group at Marsh, discusses reinsurance trends and solutions for captives, parametric policies and the legacy environment.

Read the Captive Intelligence coverage of the UK captive domicile developments here, and Airmic's response here.

Stay up to date with all major developments in the captive market by signing up to the twice-weekly Captive Intelligence Newsletter.

This GCP Short, produced in partnership with We Are Guernsey and the Guernsey International Insurance Association (GIIA), shares another story of a new captive owner and the rationale behind its risk financing strategy.

Joshua Cryer, Director of Risk and Insurance at THG, a fast growing UK plc, tells us about THG, why a captive became a relevant option for the group two years ago, how they went about forming the captive and how he hopes to utilise it in the future.

Alex Symons, associate director at Aon Insurance Managers in Guernsey, provides the captive manager perspective on formation and utilisation, and explains why Guernsey is home to so many UK Plc-owned captives.

There is also a good discussion on governance and the value of non-executive directors.

For more information on We Are Guernsey and GIIA, visit their Friend of the Podcast page.

For the latest breaking news, analysis and thought leadership from the global captive market, visit Captive Intelligence and sign up to our twice weekly newsletter here.

In episode 93 of the Global Captive Podcast, supported by the EY Global Captive Network, and hosted by Richard Cutcher.

Richard brings listeners live interviews from the Bermuda Captive Conference that took place 12-14 September.

01.43 - 07.04: Eduardo Fox, a consultant to Appleby law firm and Davies Captive Management, is the latest recipient of the Fred Reiss Lifetime Achievement Award, in recognition of his contribution to the domicile, particularly in business development for Latin American captives.

07.35 - 11.00: Michelle Sivanayson, recently appointed as Marsh Captive Solutions’ new islands practice leader, based out of Bermuda. She discusses her new role and plans for further development of the captive practice in the region.

11.53 - 20.38: Local reinsurance broker Michael Woodruffe, president of Kirkway International Limited, is focused almost entirely on North American captive and MGA business. He explains why "captive business is the best business" for reinsurers.

21.14 - 27.25: Grainne Richmond, executive vice president and head of captives at Aon Bermuda and director and lead chair of the Bermuda Captive Network. Grainne shares the lates update on developments and progress of the Bermuda Captive Network and why it is important to attract new talent.

28.00 - 32.00: Pierrick Livet, senior manager in insurance advisory at KPMG in Bermuda. Pierrick and Richard were on the opening panel of the conference where we discussed evolving captive ownership structures, emerging risks and multi-captive strategies.

For the latest breaking news, analysis and thought leadership from the global captive market, visit Captive Intelligence and sign up to our twice weekly newsletter here.

In this GCP Short, produced in partnership with Marsh Captive Solutions, Richard is joined by two vice presidents from the consulting team discuss their career progress to date and the variety of client projects they have been working on.

Domenico Pettinari and Finky Yan address the growth in third party risks, new captive formations and an enlightening comparison of cell captives to a Manhattan apartment, which I particularly enjoyed and pretty sure I will be using in the future.

For more information on Marsh Captive Solutions, visit their Friend of the Podcast page here.

For the latest breaking news, analysis and thought leadership from the global captive market, visit Captive Intelligence and sign up to our twice weekly newsletter here.

In this GCP Short, produced in partnership with Hylant Global Captive Solutions, we bring you another new captive owner story.

Richard is joined by Hylant's Anne Marie Towle and Adam Miholic, who discuss with Adam Binder, Category Director for the Indirect Spend Program at Topco Associates, LLC, how and why the company formed a sponsored captive in Vermont in November 2022.

For more information on Hylant's captive services, visit their Friend of the Podcast page here.

For the latest breaking news, analysis and thought leadership from the global captive market, visit Captive Intelligence and sign up to our twice weekly newsletter here.

In episode 92 of the Global Captive Podcast, supported by the EY Global Captive Network, Richard is joined by three guests to debate what impact and relevance the unfolding fraudulent collateral scandal concerning insurtech Vesttoo has for cell structures and collateral in the captive market more broadly.

04.22 - 16.13: Joseph Holahan, Partner at BakerHostetler, reacts to the Vesttoo case and explains some of the potential legal ramifications for cell structures in Bermuda and beyond.

16.18 - 22.00: EY's Andrew Christie explains the different types of collateral captives typically use, shares insight into how captives and fronting companies usually work together on collateral and what impact, if any, the Vesttoo fallout might have on fronting and collateral arrangements for captives.

22.00 - End: Sandy Bigglestone, Vermont’s deputy commissioner for captive insurance, explains why she took the step of writing to local captive managers requesting they report if they have any exposure to the Vesttoo case.

Further reading: Richard recommends the Artemis.bm coverage of the ongoing Vesttoo story and to keep up to date with each development.

For the latest news, analysis and thought leadership on the global captive market, subscribe to the twice-weekly Captive Intelligence newsletter.

In this GCP Short, produced in partnership with the State of Vermont, Richard has another really interesting, and high profile, captive case study, as listeners hear from the John Deere captive team.

The manufacturing and agricultural equipment giant has owned a captive in Vermont since 2004.

Aileen Krehbiel, manager of captive insurance programs at John Deere, and Sammi Jones, senior financial analyst at the company, discuss the captive’s profile today, and how its grown and evolved over near 20 years.

We also hear from Heidi Rabtoy, chief examiner at the Vermont Department of Financial Regulation, to provide some perspective on how they regulate older, larger captives and the unique considerations concerning extended warranty business.

For more information on the State of Vermont's captive sector and regulation, visit their Friend of the Podcast page.

For the latest breaking news, analysis and thought leadership from the global captive market, visit Captive Intelligence and sign up to our twice weekly newsletter here.

In episode 91 of the Global Captive Podcast, supported by the EY Global Captive Network, Richard shares five short interviews he recorded at the VCIA annual conference in Burlington, Vermont earlier this month.

01.05 - 04.17: New Spring Consulting hire T.J. Scherer discussed his role as vice president with a focus on propery & casualty and his captive background.

04.36 - 08.20: Kelly Mahncke, CFO of USA Hockey, details how the sports organisation utilised its Vermont captive, Hockey and Rink Protection, Inc.

09.16 - 16.09: Dale Sagen, recently appointed as Vice President and Business Development Leader for Cell Captive and Accident & Health at QBE North America, discusses the insurer's formation of Champlain Insurance PCC in Vermont and how it will support its medical stop loss services.

16.38 - 22.21: Dan Duncan, captive specialist at Agile Premium Finance, a business that is working with captives on providing premium financing.

22.55 - 29.53: Bill Hodson, of Gulfstream Risk Advisors, and Rick Wiseley, co-founder of insurtech Stere, explain embedded insurance and why they see an opportunity for collaboration with captive insurers and risk retention groups (RRGs).

For the latest news, analysis and though leadership from the global captive market, sign up to the twice-weekly Captive Intelligence newsletter.

In episode 90 of the Global Captive Podcast, supported by the EY Global Captive Network, we bring you the first set of interviews recorded at the Vermont Captive Insurance Association (VCIA) annual conference.

Richard is joined by Jim DeVoe-Talluto, Assistant Director of Captive Insurance at the Department of Financial Regulation.

We also catch up with Dan Youngs, CFO of Lancaster County Solid Waste Management Authority (LCSWMA), which formed a Vermont captive in 2021. Dan updates us on the organisation’s captive journey and how having a captive has re-focused efforts around risk management. Finally, Richard speaks to Jennifer Gagnon and Danielle Brown, two captive professionals heading up the new Vermont Captive Insurance Emerging Leaders initiative.

For more information on the State of Vermont, visit its Friend of the Podcast page on Captive Intelligence.

For the latest news, analysis and though leadership from the global captive market, sign up to the twice-weekly Captive Intelligence newsletter.

For more information on HDI Global, visit their Friend of the Podcast page on Captive Intelligence.

For the latest news, analysis and though leadership from the global captive market, sign up to the twice-weekly Captive Intelligence newsletter.

For more information on Captive Resources, visit their Friend of the Podcast page here.

For all the latest news, analysis and thought leadership from the global captive market, sign up to the Captive Intelligence twice-weekly newsletter.

For more information on TMF Group and their captive services, visit their Friend of the Podcast page on the Captive Intelligence website.

Developments in France is one of the stories we have covered most extensively since launching Captive Intelligence in December 2022, and Wild, who is also Group Chief Risk and Insurance Officer at Veolia Environnement, provides insight on how big the French captive market could be.

We also have an interview with Gerry Willinger, Co-founder and Chief Risk Officer of OneNexus, a captive owner in Oklahoma, that is providing risk transfer solutions for Asset Retirement Obligations ("AROs") concerning the decommissioning of wells in the oil and gas sector.

2.24 - 17.55: Amrae's Oliver Wild on the motivations for lobbying for a French captive regime, reaction to the results and the Association's plan to start a Captive Federation.

18.53 - 32.27: Gerry Willinger, of OneNexus, explains the business plan behind their cell captive in Oklahoma.

32.30 - end: Amrae's Oliver Wild on whether there could re-domestications of overseas captives back to France and the potential numbers of new captive formations.

For all the relevant news and analysis on developments in the captive insurance sector, visit Captive Intelligence and sign up to our twice-weekly newsletter here.

Ensure you are kept up to date with the most relevant news, analysis and thought leadership from the global captive sector by signing up to the Captive Intelligence twice-weekly newsletter.

For breaking news, data-led analysis and thought leadership, visit Captive Intelligence and sign up to our twice-weekly newsletter here.

In April, Captive Intelligence reported that the historic insurance marketplace is working with an applicant that could establish the first Captive Syndicate in Lloyd’s in more than 20 years.

Richard is joined by two professionals that know Lloyd’s and the business of launching and managing syndicates like the back of their hand.

Keith​ Nevett is Head of Business Development at managing agent Asta, which is part of the Davies Group, and Bob Stevenson, a Consultant with Asta.

Whittington, the precursor to Asta, was in fact the managing agent for those three original captive syndicates in the 1990s.

Bob worked for Lloyd’s from 2005 to 2017, and prior to that he was buyer of reinsurance at several large multinational insurers.

Keith and Bob demystify much of how Lloyd’s operates, what the benefits of a Captive Syndicate may be and how it is managed, and the different ways they can see a Lloyd’s Captive can fit into and complement a multi-captive strategy.

Captive Intelligence is the go-to platform for breaking news, in depth data-driven analysis and thought leadership on the global captive insurance market. Sign up to our twice weekly newsletter here.

In this GCP Short, we preview the Vermont Captive Insurance Association conference being held in Burlington, Vermont from August 7 to August 10.

VCIA certainly is a must-attend item on the captive conference calendar, particularly for those active in the US captive market but Vermont is also home to many overseas owned captives as well.

Over twenty minutes, Richard is joined by VCIA president Kevin Mead and Aaron Hillebrandt, principal and consulting actuary at Pinnacle Actuarial Resources but also conference chair for this year’s event in Burlington.

Kevin and Aaron discuss some of the highlights on the 2023 agenda, including the content and activities particularly relevant for the large cohort of new captives formed in the domiciles over the past three years and a renewed effort to attract and engage the next generation of captive leaders.

To register for the conference, visit here. The discounted early bird registration ends on the 30th June.

For more information on Zurich's captive services, visit their Friend of the Podcast page.

For breaking captive news, in-depth analysis and thought leadership, visit Captive Intelligence. Sign up to the twice-weekly newsletter here.

In episode 86 of the Global Captive Podcast, supported by the EY Global Captive Network, Richard sits down with Stacy Apter, vice president and corporate treasurer at the Coca-Cola Company, while visiting Atlanta, Geogia for RISKWORLD.

Stacy is known to many in the captive market from the various roles she has held at Coke since joining in 2005, which included risk and insurance and global benefits positions, and gives her an incredibly rounded outlook on how the risk, insurance and captive market can be utilised most effectively to support Coke’s financial and business goals.

We are also joined by Jason Flaxbeard, of Brown & Brown, a familiar voice for regular listeners to the pod, and who works closely with Stacy and Coke’s risk and insurance team on their captive programme.

Stacy and Jason talk in depth about the philosophy driving Coca-Cola’s captive strategy, and how they want to see the insurance market evolving further.

To stay up to date with all news, analysis and thought leadership on the global captive market visit Captive Intelligence and sign up to our twice-weekly newsletter here.

For more information on EY's Global Captive Network and services, visit their Friend of the Podcast page here.

For the latest news, analysis, long reads and thought leadership on the global captive market, visit Captive Intelligence and sign up to our newsletter here.

In episode 85 of the Global Captive Podcast, supported by the EY Global Captive Network, Richard shares three of the interviews he recorded while attending RISKWORLD in Atlanta, Georgia, from April 30 to May 3.

1.50 - 14.00: Ellen Charnley, President of Marsh Captive Solutions, sat down with Richard to discuss the world's largest captive manager's latests statistics and trends, which included forming 370 new captives over the past three years and 1,900 under management in total.

14.00 - 21.40: FERMA president Dirk Wegener joined the pod for the first time, discussing Solvency II, the new home domiciling trends in Europe, and captive activity on the continent more generally.

21.40 - end: Jason Tyng, Vice President of HDI Global's new US Captive Solutions Group, and Marco Hensel, Senior Vice president and Underwriting Lead for HDI Global, based in Chicago, discuss the insurer's recent entrance into America's booming captive fronting market.

For the latest global captive news, analysis and thought leadership, visit Captive Intelligence and sign up to our twice weekly newsletter here.

For all the latest news and analysis of the global captive insurance market, visit CaptiveIntelligence.io and sign up to our twice-weekly newsletter here.

This GCP Short, produced in partnership with EY, has been recorded in response to the publication of new Internal Revenue Service proposals concerning captives making the 831(b) tax election.

Captive Intelligence published a long read on Friday, 21 April with reaction from across the industry to the proposed regs which sets out definitions that would designate some, potentially many, micro-captives as ‘listed transactions’, and others as 'transactions of interest'.

In this 18 minute discussion, Richard is joined by EY partners and captive leaders Paul Phillips and Mikhail Raybshteyn who give their view on the situation as it stands, and what the proposed regulations will really mean in practice for captive owners, service providers and the wider industry.

You can read EY's tax alert on the proposed regulations here, and visit their Friend of the Podcast page for more information on EY's captive services.

For more information on Brown & Brown's captive practice, visit their Friend of the Podcast page here.

For breaking news, analysis and thought leadership visit Captive Intelligence here.

In episode 83 of the Global Captive Podcast, supported by the EY Global Captive Network, Richard is joined by a four guests. Time stamps below:

Start - 13.50: Jayesh Patel, Global Head of Market Practice Management for Multinational at Allianz Global Corporate & Specialty (AGCS), and Richard discuss the commercial insurer's restructuring and focus of captive business globally.

13.50 - 26.22: Recorded at the CICA International Conference in March, Senior Reporter Luke Harrison interviews Justin Bahorik, Director of Insurance and Risk Management at Geodis in the US, about the Tennessee captive formed by the transport and logistics company last year.

26.24 - End: Richard is joined by Olga Collins, CEO of the Worldwide Broker Network, and John Harris, Group Business Development Director at Robus Group, to discuss the growing importance and value of captives to WBN members.

For the latest global captive news, analysis and though leadership, visit Captive Intelligence.

In episode 82 of the Global Captive Podcast, supported by the EY Global Captive Network, Richard is joined by guest co-host Ludovic Bayard, CEO of General Employee Benefits, and Valérie Scheepers, head of the non life and reinsurance department at Luxembourg's Commissariat aux Assurances. Ludovic discusses Generali’s employee benefits captive portfolio, some of the challenges and opportunities he sees in the space, as well as GEB's own move to Luxembourg five years ago. Valérie will bring us up to speed on recent and future captive licensing activity in the EU’s largest captive domicile, imminent changes to captive regulation in Luxembourg and also has some very interesting comments regarding the prospect of cell companies being introduced in the jurisdiction.

For the latest global captive news, analysis and though leadership, visit Captive Intelligence.

For more information on Vermont as a captive domicile, visit its Friend of the Podcast page here.

For the latest news, analysis and thought leadership on the captive insurance sector, visit Captive Intelligence.