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.
Gary Osborne, vice president, Risk Partners, said better use of cameras, data, GPS and electronic logs should help companies and their risk managers better manage their exposures.
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.
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.
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.
