Supported by

  • Instagram Social Icon

©2019 by Global Captive Media, Ltd. Proudly created with

Matthew Latham, Head of Captives and Global Programmes, AXA XL

Matthew is Head of Global Programmes and Captives at AXA XL. In this role he is responsible for growing AXA XL’s global programmes and captive fronting business and for ensuring that clients get a high quality service. His remit is global and involves working with underwriters across all classes of risk. Before joining XL Catlin in 2014, now part of AXA XL, Matthew spent nine years at AIG. His roles there included leading AIG’s alternative risk financing team. Prior to AIG, he held roles at ACE and Willis and has been in the insurance industry for over 25 years.

Matthew is guest co-host on Global Captive Podcast #11, and discusses the new captive proposition at AXA XL, parametric insurance and the role of fronting partners with prospective captive owners.

Andrew Koegel, Global Head of Corporate Insurance Management, Hartmann Group

Andrew leads insurance procurement at the Hartmann Group, a German multinational medical devices company. Prior to joining Hartmann in 2016, he was Head of Insurance and Risk Management at Europcar, including overseeing the company's captive reinsurer, and he has also worked for Siemens Financial Services and Freudenberg Group. Between 2002 and 2010, he works for Munich Re in underwriting and as senior legal claims counsel.

Andrew is a guest on Global Captive Podcast #11 and explains the current process of forming a captive for the Hartmann Group.

Ben Whitehouse, Senior Counsel, Butler Snow LLP

Ben is a member of Butler Snow’s business department and practices within the Regulatory and Government Relations Practice Group. He works with business owners and service providers on forming and operating captive insurance companies, traditional insurance company matters, and tax issues related to insurance companies. Ben previously worked at the Tennessee Department of Commerce & Insurance as the Supervising Attorney for Insurance.

Ben is a guest on Global Captive Podcast #11, and discusses the domicile landscape in the United States.

Dr Paul Wöhrmann, Head of Captive Services, Zurich Insurance

Paul Wöhrmann has more than 25 years' experience working in international corporates business at Zurich. With a PhD in economics, he is the author of a large number of specialist publications on the development and structure of alternative risk financing solutions. He is a regular feature in the top three of Captive Review's Power 50 and is a regular speaker on captives across Europe.

Paul is guest co-host on Global Captive Podcast #10, discussing the advantages that captives bring to corporates through the cycles of the insurance market and captive reinsurance strategies.

Daniele Zucchi, Managing Director, Sigurd Ruck AG

Daniele has been based in Zurich, Switzerland since 2010, first as chief operating officer and now as managing director of Sigurd Ruck, the single parent captive owned by Italian oil and gas multinational Saipem. Prior to moving to Switzerland, Daniele was based in Milan where he worked for Saipem in various risk and insurance roles. In 2013, he co-founded the Swiss Insurance and Reinsurance Captive Association (SIRCA) and has been president of the Association since 2015. 

Daniele is a guest on Global Captive Podcast #10, discussing captive utilisation by Saipem and the regulatory environment for captives in Switzerland.

Chris Dalziel, Executive Director, London & Capital

Chris has been working with captives to build, develop and execute bespoke investment strategies since joining London & Capital in 2012. As a relationship manager in the Institutional Team, Chris is responsible for the development of London & Capital’s captive business in the US and Bermuda – regularly travelling to meet with clients and see their business first hand. London & Capital’s focus on long-term capital preservation, expert insurance knowledge and advice-led service offers a different way of managing assets for insurers. 

Chris is guest co-host Global Captive Podcast #9, discussing captive investment strategies and developing the next generation of talent in the captive market.

Bill Fitzpatrick, Vice President, Corporate Risk Benefits,

Deutsche Post DHL

William (Bill) Fitzpatrick joined the Insurance and Risk Management Group of Deutsche Post DHL in June of 2006. Bill has over 25 years of experience within the employee benefits arena and has worked extensively both in and outside the United States.


Bill’s primary responsibility is managing the global employee benefits programme which utilises the DPDHL captive insurance companies in bringing breakeven premium pricing to its global network which operates i220+ countries. The programme operates in 100+ countries with gross annual premium that exceeds €120m and savings of over €20m.

Bill is a guest on Global Captive Podcast #8, providing insight in the DHL international employee benefits programme.

Lorraine Stack, International Advisory and Sales Leader

Marsh Captive Solutions

Lorraine has over 25 years in the insurance industry in both the United States and Europe. She provides advice about a captive’s value proposition and assists with the feasibility assessment of captives.


Lorraine also facilitates strategic discussions with captive owners, providing advice on a wide range of captive issues such as capitalisation, coverages, investments, utilization and regulation. She is also the Global Employee Benefits Leader for Marsh Captive Solutions.

Lorraine is guest co-host on Global Captive Podcast #8 including a deep dive on the Marsh 2019 Captive Landscape Report.

Vincent Gosz, Chief Captive Analyst, Arizona Department of Insurance

Vincent Gosz joined the Arizona Department of Insurance as the Chief Captive Analyst in March 2013. Before accepting that position, he held key financial and regulatory compliance roles in the insurance industry, including several years with a multi-line, multi-state property and casualty insurer as well as a leading medical professional liability insurer. Prior to that, Vince was an auditor with Deloitte & Touche and served four honorable years on active duty in the United States Air Force.

Vincent is a guest on Global Captive Podcast #8 discussing the Arizona captive programmes.

Ryan Ralston, Managing Director, Risk Management, Elevate Captives

Ryan is an experienced leader in risk management and insurance. He has served as Director of Risk Management at Whirlpool Corp. and as Risk Manager at Koch Ind., The Boeing Co. and ICM Inc.


He has been a frequent speaker at RIMS and CICA for risk management, captives, and leadership topics and served six years on CICA’s Board. Ryan currently provides consulting services as the Managing Director, Risk Management at Elevate Captives.

Ryan is a guest on Global Captive Podcast #7 discussing enterprise risk captives.

Deyna Feng, Captive Program Director, Cummins

Deyna Feng is Captive Program Director with Cummins Inc., since 2015. She manages the Vermont-domiciled single parent captive – Dynamo Insurance Company, Inc. and three offshore captives in run-off. Deyna also leads Cummins' global risk mitigation, including property loss engineering and Business Continuity Planning (BCP) stress testing. Before this role, she was Regional Risk Manager for Asia Pacific for Cummins, based in Beijing, China for over four years

Deyna discusses the Cummins captive programme on Global Captive Podcast #7.

Mikey Davidson, Director - Global Risk Services, Cummins

Michael acts as risk advisor to regional board of directors and coordinates a pro-active risk identification process with European leadership team. With a particular interest in crisis-management, he leads the company’s global BCP stress-test programme and serves as a member of the regional crisis-response team. With clear focus on three key deliverables – insurance, claims management & risk mitigation, he is supported by Vermont based captive, which has been writing several local lines since 2011.

Mikey discusses the Cummins captive programme on Global Captive Podcast #7.

Judy Ertel, Managing Director, Global Risk Insurance, Cummins

Judy manages a team of 18 worldwide risk professionals on five continents. The function is responsible for global property, casualty and executive lines of insurance procurement, global risk mitigation initiatives and claims support. 


Judy joined the risk insurance team in 2006, with the first assignment of implementation leader for the global risk insurance management system (RIMIS). She is president of CMI’s captive, Dynamo Inc., domiciled in Vermont.

Judy discusses the Cummins captive programme on Global Captive Podcast #7.

Neil Campbell, Director, Allenby Consulting

Neil worked in risk management for ICI, Zeneca and AstraZeneca between 1988 and 2005. Whilst at AZ, Neil was one of the project leaders in the 2003 creation of PhIL, the pharmaceutical insurance mutual. 


He headed up JLT’s global Life Science Practice in London in 2005 and established his consulting company, Allenby Consulting Ltd, in 2013, to provide professional advice on corporate risk financing strategies, captives and alternative risk transfer to large global companies.

Neil is the guest co-host on Global Captive Podcast #7 and discusses aggregated reinsurance programmes.

Karen Hsi, Captive Program Manager, University of California

The University of California system consists of 10 University campuses, five academic health systems, and three national laboratories, incorporating over 350,000 students, 280,000 faculty and staff, $36 billion of annual revenues and more than two million alumni living and working around the world. 


As programme manager, Karen helps to develop, implement, and manage these captives and their activities. With over 7 years of experience at the University of California, Karen is well versed in the risk management sector of higher education institutions. She has been the principal architect of many student, faculty/staff, and alumni liability insurance programs and is currently the lead architect on numerous captive insurance arrangements.

Karen is a guest on Global Captive Podcast #6 discussing the UC strategy. She also features on GCP #9, discussing developing the next generation of talent in the captive market.

Courtney Claflin, Executive Director - Captive Programmes, University of California

In his role at UC, Courtney directs Fiat Lux Risk and Insurance Company, a single parent captive, UC Health RRG, A Reciprocal Risk Retention Group, Eureka Insurance Company PCC, an incorporated cell captive structure and Eureka One IC, an incorporated cell captive insurance company.


As executive director, his role is the development, implementation and management of the captives and all captive activities. This includes strategic planning and management of current captive programs and the formulation and development of new risk financing strategies utilizing captive insurance arrangements.

Courtney is a guest on Global Captive Podcast #6 and discusses the UC strategy.

Paul Corver,  Group Head of Legacy M&A, R&Q

Paul's involvement in the captive sector has included acquisitions of captives in run-off as well as LPT’s, business transfers and novations of portfolios from active captives. Transaction have also been completed with corporations that carry deductibles, RRG’s, cells and self insurance funds.


Transactions have been concluded in most captive domiciles and with companies such as Unilever, John Laing, Virgin Atlantic, Clariant and Astra Zeneca. R&Q won both the US and the UK / European Captive Services Awards for Run-Off Specialist in 2018. 

Paul is guest co-host of Global Captive Podcast #6, and discusses the captive legacy market.

Anne Marie Towle, Captive Practice Leader,

Marsh Captive Solutions

A veteran of the captive industry, Anne Marie is an executive vice president and captive practice leader at Marsh Captive Solutions. She has over 25 years of experience with diverse projects and has worked with captives and other alternative risk transfer vehicles in many key onshore and offshore domiciles. Prior to joining JLT in January 2017, she was a senior consultant with Willis Towers Watson for more than seven years and senior manager in public accounting.

Anne Marie is a guest on Global Captive Podcast #6, where she discusses the benefits of captive managers collaborating with their reinsurance brokerage colleagues.

Malcolm Cutts-Watson, Founder & Managing Director,

CWC Consulting

Malcolm has spent more than 30 years in the alternative risk financing industry, most of it working with captive insurance companies. He worked for Johnson & Higgins in Bermuda and Hawaii before moving to Guernsey and ultimately heading up the Willis global captive practice. He founded Cutts-Watson Consulting in 2015, providing consultancy services to various captive stakeholders.

Malcolm is guest co-host of Global Captive Podcast #5, where he discusses the captive solution for financing climate risk, and the future of captive management.

Paul Owens, CEO, Willis Towers Watson Global Captive Practice

Paul has been CEO of the Willis Towers Watson Global Captive Practice since 2013 and is responsible for all of the Group’s captive management and consulting operations. In addition to managing and growing the operations in traditional markets he has been at the forefront of developing emerging markets, in particular the Chinese Captive/Mutual insurance market supporting both prospective owners and local regulator.

Paul takes part in the captive management debate on Global Captive Podcast #5.

Nick Hentges,  Co-CEO, Captive Resources

Nick Hentges has an extensive background with insurance company, brokerage and captive consulting and management operations. In 1993 Nick joined Captive Resources to develop and manage one heterogeneous and two homogeneous group member-owned captives. He spent 14 years as the Business Development Manager, working with Captive Executives to build new captives and grow existing captives. Nick is a member of the management team that acquired the assets of Captive Resources and sister company Kensington Management Group in the Cayman Islands from its publicly held parent company in 2002.

Nick appears on Global Captive Podcast #5 discussing growth in the group captive market in the United States.

Gary Osborne, Vice President, Risk Partners, Inc

Gary Osborne is Vice President of Risk Partners, Inc., a part of the Holman Group headquartered in Mount Laurel, New Jersey. He is responsible for developing their captive management and alternative risk practice and for oversight of the Holman owned cell captive located in Tennessee. Prior to Risk Partners, Gary was President of USA Risk Group. Gary has been working in the alternative market for twenty years, having held positions in Bermuda, Hawaii and Vermont.

Gary appears on Global Captive Podcast #5 taking part in a roundtable debate on captive management models.

Oliver Schofield, Managing Partner, RISCS

Oliver brings more than 30 years of captive and ART experience. He started his career at Alexander Howden in 1986 before moving to Aon in 1996, to RKH Reinsurance Brokers in 2012, to RFIB Group in 2016. 


RISCS provides a full range of captive consultancy services from the very first tentative self-insurance steps through to full captive operation, protection, evaluation and growth to clients across the world. He has worked with some of the industry’s largest captives, largest PORCs and was part of the team that established the very first PCC in the world in 1996 (in Guernsey). 

Oliver is guest co-host of Global Captive Podcast #4.

Heather McClure, Chief Risk Officer, OU Medicine

Heather is CRO for OU Medicine, Oklahoma’s most comprehensive health system that includes OU Medical Center, The Children’s Hospital, OU Medical Center Edmond, Stephenson Cancer Center, OU Medicine Breast Health Network and Valir Rehabilitation Hospital. 


She is also as chief legal officer and vice-president of operations for Academic Physicians Insurance Company, the insurer of both the physicians’ practice and the hospital system. Heather is a current board member and past chair of Vermont Captive Insurance Association

Heather is a guest on Global Captive Podcast #4, discussing the evolution of the Vermont captive she oversees.

David Provost, Deputy Commissioner, Captive Insurance Division,

Vermont Department of Financial Regulation

David is a Certified Financial Examiner and has over 25 years of experience in the captive insurance industry, including client advisory services, accounting, systems management, program development, marketing, formation and licensing (from both sides of the table), and regulation. He has been with the State of Vermont since 2001 as an examiner and most recently as Assistant Chief Examiner.


David’s collective experience includes captive insurance regulation, management, and sales and marketing.


David is a guest on Global Captive Podcast #4, discussing Vermont's 2018 and priorities for 2019.

Sandy Bigglestone, Director of Captive Insurance, Vermont Department of Financial Regulation

As the Director of Captive Insurance, Sandy is charged with managing the Division’s operations and overseeing the financial condition of captive insurance companies domiciled in Vermont. Among her various responsibilities, Sandy conducts the review and approval of captive insurance company applications for licensing, and filings related to company plan of operation changes.


Sandy has been employed by the Captive Division since 1997, and has transitioned to her current leadership role, from examiner to supervisor to manager.

Sandy is a guest on Global Captive Podcast #4, discussing Vermont's 2018 and priorities for 2019.

Ian Davis, Director of Financial Services, State of Vermont

Ian is responsible for the marketing and business development of Vermont’s captive insurance industry, working closely with the Department of Financial Regulation and Vermont Captive Insurance Association to strengthen the state’s reputation as the premier onshore captive insurance domicile.

Within state government, Ian advises Vermont’s Governor and Secretary of Commerce on new captive insurance legislation and policy recommendations to assure a beneficial business environment for expansion and relocation within the state.

Ian is a guest on Global Captive Podcast #4, discussing Vermont's 2018 and priorities for 2019. He also features on GCP #9, discussing developing the next generation of talent in the captive market.

Rich Smith, President, Vermont Captive Insurance Association

VCIA is a member-based association whose mission is to educate, communicate, and advocate on behalf of the Vermont-domiciled captive insurance industry. Rich has led the association as President since October of 2009. 


Prior to his work at VCIA, Rich served as the Deputy Commissioner of the Public Service Department for the State of Vermont. During his five years at the department, he was the primary liaison with Vermont's general assembly on energy and telecommunications issues. Rich also managed the day-to-day operations of the department including its $10m annual budget and direction of its 40 staff.

Rich is a guest on Global Captive Podcast #4, discussing Vermont's 2018 and priorities for 2019.

Dan Towle, President, Captive Insurance Companies Association

Dan has been President of CICA since April 2017. Prior to this role, he served as the Director of Financial Services for the State of Vermont for 17 years where he was the chief marketing and business development professional for Vermont’s captive insurance industry. CICA is the premier global domicile-neutral captive insurance association. CICA is committed to providing the best source of unbiased information, knowledge, and leadership for captive insurance decision makers. CICA’s approximately 400 members are from a cross-section of domiciles, captive/risk retention groups and service providers from 27 countries around the world.

Dan is a guest on Global Captive Podcast #3, reporting on a successful 2019 CICA International Conference. He also features on GCP #9, discussing developing the next generation of talent in the captive market.

Fredrik Finnman, Head of Group Risk Management, Sandvik

Fredrik has more than 10 years’ experience from risk management and insurance. Fredrik is now risk manager at Sandvik, a global engineering group with revenues of $11bn and headquartered in Sweden. Sandvik's business is focused on mining and rock excavation, metal-cutting tools and steel materials technology. The group has a Swedish domiciled captive. 


Fredrik was President of the Swedish Risk Management Association between 2012 and 2015. He’s now a board member of the Captive Insurance Companies Association (CICA).

Fredrik is a guest on Global Captive Podcast #3, discussing European captives' approach to workers' compensation, Solvency II and the regulatory environment in Sweden.

Karin Landry, Managing Partner, Spring Consulting Group

With over 25 years of industry experience, Karin is an internationally recognized thought leader in insurance, risk and employee benefits. Karin’s expertise includes captive entities, designing new health and life products, and evaluating benefits strategies and funding. She holds eight patents in insurance, sits on the Fallon Health Advisory Board, and teaches a course at the International Center for Captive Insurance Education. Karin has won numerous awards and is a licensed insurance advisor for life, health and property and casualty.

Karin is a guest on Global Captive Podcast #3, discussing workers' compensation and employee benefits in the United States.

Mikhail Raybshteyn, Tax Senior Manager, EY 

Mikhail Raybshteyn is a tax senior manager in EY US' Financial Services Organization’s Insurance Sector, a member of the EY Global Captive Network and is the Americas Captive Insurance Services Deputy Leader, focused on US federal, state and international tax matters. Mikhail has more than 14 years of experience serving the insurance market in a tax advisor role and serves as a tax technical resource on a number of captive insurance and general insurance tax matters. 

Mikhail is a guest on Global Captive Podcast #3, and provides an update on the reaction to several tax developments in North America from 2018 and 2019.

Dominic Wheatley, Chief Executive, We Are Guernsey

Dominic's role includes business development and the promotion of Guernsey’s finance industry in the island’s target markets including Europe, the US and the emerging markets. Previously Chief Marketing Officer of the Willis Global Captive Practice and Managing Director of its Guernsey business, Dominic has more than 25 years of finance experience in London and, for the past 20 years in Guernsey.

Dominic is a guest on Global Captive Podcast #2, discussing UK Parliament efforts to enforce public beneficial ownership registers on the Crown Dependencies.

Anjanette Fowler, Managing Director, Portfolio Manager,

Madison Scottsdale Investments

With over 25 years of experience in the investment management arenas of several insurance companies, Anjanette brings a valuable understanding of the unique statutory, operational, investment and accounting considerations particular to our insurance clients and the industry. Prior to joining Madison Scottsdale in 1995, she directed the Investment Accounting department and managed short-term investments for a large insurance group. Ms. Fowler holds a BS in Finance from Arizona State University.

Anjanette is a guest on Global Captive Podcast #2, where she discusses investment management trends at US captive owners.

Bertrand Gilson, Chief Investment Officer, Builders Insurance Holdings

Bertrand Gilson is a regular speaker for Captive Review events in Brussels, Luxembourg and London. Since 2009, he has managed the Builders Group's strategic asset allocation, contributing dynamically to the strategic planning of the company. His initial expertise of the banking sector provides a solid foundation for his role. Bertrand Gilson is a Member of the Investment Committee and a Member of the Board of Directors of the investment fund of the Company.

Bertrand is a guest on Global Captive Podcast #2, where he outlines the evolution of Builders' captive structure and his asset management philosophy.

Jason Flaxbeard, Executive Managing Director, Beecher Carlson

Jason is the Chair of Beecher Carlson’s alternative risk operations within the US, Bermuda and Cayman Islands. He has over 20 years of experience in the captive insurance industry and over 20 years in the accounting industry.  He joined Beecher Carlson as a client executive in 2001.  Jason is a graduate of Bath University, England, where he earned a Bachelor of Science degree in economics. He is also an Chartered Accountant and a Chartered Property and Casualty Underwriter. He is a frequent speaker at RIMS, CICA, HCIC, WCF and has spoken at VCIA and European Captive Forum. He is a faculty member at ICCIE.

Jason is guest co-host of Global Captive Podcast #2, where he discusses captive reinsurance structures and attitudes towards asset management. He also joins the debate in GCP #5 on captive management models.

Carl Leeman, Chief Risk Officer, Katoen Natie

Carl Leeman is in charge of risk management within the Katoen Natie group covering more than 180 legal entities. His responsibilities include operational contracts, legal issues, claim handling, safety, security, insurance and environmental issues; coordinating all worldwide. He was appointed chairman of the board of the captive reinsurer KTN Ré, and is a board member of Katoen Natie International. Carl is vice president of Belrim (Belgian Risk Management Association), and has been a board member of FERMA and is a former Executive Chairman of IFRIMA (International Risk management Association).

Carl Leeman can be heard on Global Captive Podcast #1 discussing BEPS, Solvency II and the European captive landscape.

Ciarán Healy, Director of Client Solutions, Aon Captive & Insurance Managers

Ciarán has worked in the captive industry for 15 years as both a captive manager and a consultant. In his current role, as director of client solutions, Ciarán is responsible for development of Aon’s captive advisory and management proposition in EMEA. Prior to joining Aon at the start of 2019, Ciarán was Willis Towers Watson's captive consulting & development leader for Europe.


Ciarán has advised captives owners throughout Europe across a wide range of topics including captive feasibility & set up, captive strategy reviews, consolidation projects, finality solutions and has been at the forefront of industry initiatives such as Solvency II and BEPS. 

Ciarán is the guest co-host on Global Captive Podcast #1 discussing BEPS, Solvency II and his new role at Aon.

Emma Sansom, Head of Captive Services UK, Zurich Insurance Company

Emma has 18 years’ experience in the insurance industry and has held numerous position in underwriting, sales and distribution, and operations. Emma has led Zurich’s UK captive team based in London since 2017, having joined the team in 2010 and is responsible for developing Zurich’s captive fronting, ART, and other risk sharing solutions for domestic UK customers as well as international customers coming into the London market.


In her time at Zurich, she has worked closely with some of Zurich’s largest and most complex customers, with a focus on designing and delivering bespoke multi-line, multi-year captive solutions, both domestically and internationally.

Emma can be heard on Global Captive Podcast #1 discussing fronting, global programmes and new lines being put through captives.