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

4:36

Steve Kinion, director, Bureau of Captive and Financial Products, Delaware Insurance Department, said he will be leaving the office at the end of June, but was proud of the department's work.

 

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.
 

NRRA's Myers: Soft Market Takes a Toll on Risk Retention Groupsers

Attorney Skip Myers, who serves as general counsel to the National Risk Retention Association, said the number of active risk retention groups has dropped in recent years as some opt for coverage in the commercial market.

 

Montana's Matthews: Proposed Bill Would Allow Captives to Become Dormant

Steve Matthews, captive coordinator, Montana, said a bill in the state's legislature would allow captive owners to shelve their captive temporarily, returning to operation when conditions change.

 

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.

Copyright © 2018 A.M. Best Company, Inc. and/or its affiliates ALL RIGHTS RESERVED.