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.
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.
John Talley, captive program manager, Missouri Department of Insurance, said the coverage needs for organizations with exposure in a major city would be different than a captive sponsor in a more rural location.
Jason Palmer, head of U.S. captive operations, Willis Towers Watson, expects more cyberrisk to move into captives by the end of the year.
Steve Kinion, director, captive and financial products, Delaware Department of Insurance, wants the National Association of Insurance Commissioner's working group on capital standards to give a prominent role to review work done by states.