US Focus 2020
Contents
Embrace your legacy
More captives are recognising the benefits of handing over old portfolios to free up capital to write new business.
Maintaining a healthy captive
Companies have been leaning more heavily on their captives, not just as providers of insurance coverage, but as sources of cash when few others were available.
A plague on 831(b)s
The IRS insists that microcaptives are havens for tax evaders, but advocates of the structure say they provide the perfect vehicles for providing pandemic coverage.
Value in uncertain times
COVID-19 provides a remarkable opportunity to elevate the value of owning a captive, says Dan Towle of the CICA.
Embrace your legacy
More captives are recognising the benefits of handing over old portfolios to free up capital to write new business.
The power of parametrics
The interests of the insurer and the customer are sometimes misaligned, but parametric triggers can resolve this problem, say Mark Roelands of Roelands GRC Consulting and Marcus Schmalbach of Ryskex.
Maintaining a healthy captive
Companies have been leaning more heavily on their captives, not just as providers of insurance coverage, but as sources of cash when few others were available.
Cells are not all equal
There are many versions of the segregated account structure, and it is worth taking the time to consider the differences: Les Boughner of Advantage Insurance.
Survey: Insurtech—waiting for the right moment
Many captives believe there are more pressing concerns than technology right now, a Captive International survey found.
Risk financing solutions do exist!
Smaller companies in particular have more options than they have had in the past: Peter Kranz of Beecher Carlson.
A plague on 831(b)s
The IRS insists that microcaptives are havens for tax evaders, but advocates of the structure say they provide the perfect vehicles for providing pandemic coverage.
Towards a virtual model
Feel you pay too much for your insurance? A virtual captive offers a simple and cost-effective solution: Thomas Keist and Bob Nusslein of Swiss Re.
Local service on a global scale
By combining the personalised development approach of Cedar, with Davies’ scale and resources, Davies Captive Management promises to raise the bar for clients.
Coastguards for captives
Randall & Quilter likens the legacy business to a lifeboat, helping to carry sinking businesses back to dry land: Paul Corver.
MSL captives braced for surging claims
COVID-19 has pushed down the number of medical stop loss claims, but as the economy reopens the numbers are likely to rebound.
The IRS and captives: a tale of COVID-19 loss
Randy Sadler of CIC Services describes the predicament of one client that lost out after being pressured by the IRS to close its captive—just before COVID-19.
A light in the darkness
The value of trusted partners that can help make sense of the endless options available has never been greater, Guy Carpenter’s Rob Collins tells Captive International.
New doors open for captives
Firming commercial insurance prices and reinsurance capacity shortages could present opportunities for the US captives segment to increase its footprint in several lines of business: AM Best.
Captives and premium financing
Many captives owners will be wondering how best to optimise premium payments to minimise the impact on cashflow. The answer is premium financing: Dan Duncan of Agile Premium Finance Captive Specialist.
Optimising risk during the COVID-19 pandemic
Captives provide an excellent way for businesses to navigate changes in the insurance landscape. Christine Culgin of Spring Consulting Group reports.
Time to shine for RRGs
Risk retention groups tend to deliver most value for their members during hard markets, and their numbers already show evidence of increasing during this cycle.
A Barbados’-eye perspective of the captives market
As the risk landscape changes, Barbados is well positioned to adapt with the times, says Kirk Cyrus of Strategic Risk Solutions.
