Captive Growth Tied to Cyber, Health Care, Expanding Cells

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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.

 

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.
 

Incoming CICA Head Towle: I'm Still Advocating for Captives

Dan Towle, incoming president for the Captive Insurance Companies Association, said he was familiar with the scope of the job because of his job as point person for Vermont's captive outreach.
 

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.
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