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.
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.
Attendees to the Captive Insurance Companies Association's International Conference in Scottsdale, Arizona, said the flexibility of captive insurance organizations helps them respond faster than traditional insurers.
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.
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.
