Captive Insurance – The State of the Market

Recording Date: Thursday, February 27, 2020

Description

In many ways, 2019 was a transitional year for the captive insurance industry with the shakeout from the 831(b) sector becoming clearer, while hardening commercial premiums saw greater interest in the use of captives in traditional property & casualty programs. At the same time, the use of captives in medical stop loss and other benefit programs continued to see strong growth. In our annual market update, we take a look at these and other trends affecting captives, report on captive numbers by domicile and discuss the outlook for the coming year.

This webinar is suitable for existing and prospective captive owners looking to get an update on developments in the captive insurance industry. 

Presenters

Brady Young, President, Strategic Risk Solutions. Brady has over 30 years’ experience consulting to captives. He has been involved in the formation of numerous captives and has provided strategic and operational consulting to many of SRS’s clients. He has led SRS and its captive services for the past 25 years. 

Richard Daley, Managing Director, Strategic Risk Solutions (Bermuda). Richard oversees SRS’s clients and staff in Bermuda as well as new business development and relationship management for clients in the domicile. He was formerly President of JLT Insurance Management (Bermuda) and has over 18 years insurance management experience in Bermuda.

Jonathan Stark, Director, SRS Advisers. Jonathan provides feasibility consulting, financial analysis and strategic reviews for single parent, cell and group captive programs.  Prior to joining SRS, Jonathan was the Lead Senior Captive Financial Analyst in the Captive Insurance Companies Division of the North Carolina Department of Insurance.