Delaware's Kinion: From 38 to 1,000-Plus Captives in Eight Years

Captive Growth Tied to Cyber, Health Care, Expanding Cells

Attendees of the 2017 International Conference of the Captive Insurance Companies Association said market and regulatory pressures will drive more cyberrisk to captives. Those captives will also be required to meet new cyberrisk standards.

Zurich's Bauman: Captives May Lead the Way in Customized Cyber Cover

Steve Bauman, senior vice president, Zurich, said captive insurers are now covering cyber and he expects they will become more varied and creative than standard policy writers in how they fit the coverage to the need.

Vermont's Provost: Proposed Bill Reduces Taxes for New Captives

David Provost, deputy commissioner, Vermont Captive Insurance Division, said a proposed tax change in Vermont would lower tax credits and extend them from one to two years for new captives.

Assa Abloy's Finnman: Even Locks Have Unique Cyber Exposures

Fredrik Finnman, global risk insurance management, Assa Abloy, said lockmakers such as Assa Abloy are creating digital products that have risk exposures not always covered by standard offerings.