Members of the GROWMARK captive are saving more than $20m in premium cost since placing their property risk inside the captive.

Not-for-profit Boys Town continues to look for new ways to expand the use of its Tennessee captive, but will not lose sight of its general risk financing strategy.

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, and former regulator Michael Corbett.

The Internal revenue Service (IRS) has wrapped up its Dirty Dozen list for 2024 with micro captives taking the 831(b) tax election remaining a key focus area for the Service.

I have read with interest numerous articles discussing the possible Brexit Bonuses available to the UK. Principle among these bonuses is refining Solvency II regulation to better reflect the UK’s leading global (re)insurance industry.

Vermont has added 15 new captives to it roster during the first quarter of 2024, taking the total number of captives in the domicile to 669.

More family offices are and should be exploring captive insurance solutions, with a wide variety of risk financing options available depending on the profile and structure of the organisation.

The utilisation of captives in Sweden and the Nordic region more widely is expanding as more organisations are made aware of the risk financing benefits.