Captive Insurance – The Year in Review

Recording Date: Wednesday, February 24, 2021

Description

2020 was a historic year for all sectors of the economy with the impact of the Covid-19 pandemic. The captive insurance industry was no different, with the pandemic putting pressure on the industry at the same time as the commercial insurance market saw hardening premium rates. How did the industry address these conflicting pressures and how is it positioned going forward? 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

Michael O’Malley, Managing Director, Strategic Risk Solutions.  Mike leads Strategic Risk Solutions’ consulting practice providing feasibility studies, financial analysis and strategic reviews for single parent, cell and group captive programs.  He has over 20 years’ captive consulting experience and has been at the forefront of some of the industry’s major innovations including the first DOL approval to insure employee benefits in captives and the creation of the world’s first series LLC captive.

Ron Sulisz, President, Strategic Risk Solutions International Ltd. Ron overseas the firm’s operations in Barbados, Bermuda and the Cayman Islands. He has over 25 years captive and insurance industry experience including 15 years at SRS. He was previously President and Chief Executive Officer of the Cayman Islands National Insurance Company Ltd. and is a past Chairman of the Insurance Managers’ Association of Cayman. 

Andy Hulme, Director of Underwriting, Strategic Risk Solutions. Andy has 18 years of underwriting experience and was formerly Chief Underwriting Officer of a large Insurance and Reinsurance group owned by Hochtief, one of the world’s largest construction groups. He has experience across a wide range of traditional and non-traditional (re)insurance products and experience in the UK, European mainland and Bermuda (re)insurance and captive markets.

Richard Cutcher, Executive Producer of the Global Captive Podcast will moderate the webinar. Richard was previously editor of Captive Review. He founded the Global Captive podcast, a fortnightly podcast that puts the spotlight on the global captive insurance industry, in 2019. He is also Captive Ambassador for Airmic, the UK’s risk and insurance management association.