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

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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.

 

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

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.
 

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.
 

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.

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