Attendees of RiskMinds in Amsterdam heard why nothing ever stays the same in risk management and insurance—disruption is, and always has been, the name of the game. Green Mountain Sponsored Captive Insurance Company, a Vermont-based protected cell company, has launched its innovative group captive profit centre programme, Greenguard, for owners and providers of multi-family properties.
There are many advantages to domiciling in the Bahamas. Andrew Kudera has been appointed executive vice president and group chief actuary of Aspen Insurance Holdings, effective 03, February
John Dies explains the implications for foreign captives. A Willis Towers Watson survey has revealed that two-thirds of employers expect increases in employee benefit plan costs over the year, and 60 percent of companies suggest the increases in healthcare costs will be moderate or significant.
Following the roll-out of Captive Quantified, Sean Rider from Willis Towers Watson explains how the web-based financial tool is going to transform conversations about captives. Accurate information makes captives tick, says Mark Davies of Avox.
Michael Lynch Nevada Division of Insurance.
Risky with a chance of meatballs. Return on investment remains secondary to protecting capital, according to Gordon Anderson and Neil Jamieson. Adrian Mincher Majesco. On the back of the release of its first commercial proof of concept, Piprate CEO Stan Nazarenko talks about the important potential of blockchain in the captive and reinsurance space.
Domicile discussions have become much more sophisticated, says John Rehagen of the Missouri Department of Insurance. Best has upgraded the financial strength rating and the long-term issuer credit rating of Restoration Risk Retention Group. Insurance-linked securities could be an alternative to traditional reinsurance, and Bermuda is the place to explore the possibilities, says Brad Adderley of Appleby.