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.
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.
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.
Nancy Gray, regional managing director, Aon, said areas of expansion for captives include stop-loss and health care issues.
