A.M. BestTV coverage of the Captive Insurance Companies Association 2018 International conference
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.
A new program organized under the Captive Insurance Companies Association pairs young professionals with captive insurance professionals in order to teach them about the specialized area of insurance.
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.
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.
