With markets hardening, more companies are turning to risk retention strategies, such as alternative risk transfer and captives, to keep their coverage more affordable.
Approximately 10% of the captives domiciled in Vermont are for international companies. The domicile is perceived by global regulators as well-run and free of the taint of being labeled a tax haven.
With the ever-evolving risk landscape, risk professionals have to stay on top of today’s biggest drivers of change to combat tomorrow’s business roadblocks.
After more than 20 years in prison, the Beatrice Six were released after DNA evidence proved their innocence. The county that arrested them turned to its insurer for coverage.
As connected devices flood households around the globe, consumers demand protection plans that adapt to their risk. One insurer is using data to create a more dynamic solution.