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Alex Wright is a UK-based business journalist, who previously was deputy business editor at The Royal Gazette in Bermuda. You can reach him at [email protected].
For companies that wish to avoid the start-up and carrying costs of a standalone captive, a cell captive might just be the answer.
The adoption of blockchain technology into captive programs opens the door for expansion and growth. But plenty of risk still remains.
With prices rising, experts advise insurance buyers to start the renewal process early, and to be prepared to differentiate their risk mitigation strategies.
Cannabis, cyber and workers’ compensation are among the areas where alternative risk transfer is needed.
Paul Berkemeier completely rebuilt the risk management program at Coca-Cola, with a focus on risk tolerance and a more efficient use of capital.
With ‘traditional’ insurance pulling back in some lines, insureds are using captives to fill in the gaps.
Almost 100 companies will be showcasing their latest product and service developments to around 1,100 captive and risk managers, service providers and other industry professionals at the VCIA 2019 event.
The benefits of on-demand car rental are plentiful for both owners and renters. The challenge is addressing the new risks posed by the model.
Vermont regulators came up with a creative way to save crucial dollars based on ceded risk.
One client saved $1.5 million by using captives as a reinsurance layer. Numerous industries could use this application.
Economic pressures are leading to thieves becoming more innovative, particularly in the theft of food and beverage cargos.
China’s new data protection regulation, in addition to laws enacted by the U.S. and EU, all have huge implications for any business with international exposure.
From construction to cargo to cyber, an array of Insurtech technology solutions is beginning to bring real improvement to risk management safety strategies.
With broker consolidation comes more depth. But there are still pros and cons to this M&A growth that insureds should know.
A majority of states bar employers from inquiring about convictions on job applications. But compliance without caution can have dire consequences.
As companies seek international business opportunities, demand for controlled master programs has never been greater.
With more jobs utilizing technology advancements, manufacturing turns to cobots to help ease talent gaps.
The flexibility of captives is well-suited to serve the rapidly changing risks health care organizations face.
Marrying property and cyber coverage seamlessly is an area of increased focus for risk managers and underwriters.
Captive insurance for cannabis could be a viable option.