A.M. BestTV coverage of the Captive Insurance Companies Association 2018 International conference
Nancy Gray, regional managing director, Aon, said areas of expansion for captives include stop-loss and health care issues.
Dan Towle, president, Captive Insurance Companies Association, told A.M. BestTV that the organization's International Conference in Scottsdale, Arizona, drew its second-largest turnout ever.
Michael Corbett, director of captive insurance, Tennessee Department of Commerce and Insurance, said the department is focusing on hiring CPAs and teaching them about insurance.
Jason Palmer, head of U.S. captive operations, Willis Towers Watson, expects more cyberrisk to move into captives by the end of the year.
Michael Serricchio, managing director, Marsh Captive Solutions, said recent rule changes mean more captive insurers could be covered for cyberrisk in the event of terrorism.