Global Captive Podcast

In this GCP Short, produced in partnership with Marsh Captive Solutions, we focus on identifying emerging risks at group level and the captive’s role in providing relevant risk financing solutions.Joining Richard for a 25-minute discussion to address risk appetite, implementing a risk finance philosophy and benefitting from true diversification are Reid Sawyer, a strategic adviser for Marsh clients and Head of the Emerging Risks Group, Julie Patel, Americas Captive Consulting Leader, and Rob Geraghty, Managing Director, International Sales and Consulting Leader at Marsh Captive Solutions.For the latest news, data-driven analysis and thought leadership on the global captive market, visit ⁠Captive Intelligence⁠ and sign up to our ⁠twice-weekly newsletter⁠.

This GCP Short, produced in partnership with Zurich Insurance, focuses on the captive revolution currently taking place in Alberta, Canada.The Energy Province implemented its captive regime in July 2022 and, at the time of recording, has 37 active captives.In a 30-miute discussion, we hear from:Zurich’s Al‑Nawaz Rajan, an actuary with more than two decades of dedicated experience in the captive insurance sector. Today, Al is the Zurich's Western Canada Lead for Captive Fronting Solutions.Hector Plascencia, Senior Vice-President and National Practice Leader for the Risk Advisory Practice at BFL Canada. Hector leads a multidisciplinary practice supporting organisations across Canada on strategic risk management and alternative risk financing.Rick Da Costa is Partner and National Leader at BLB. He is an insurance and reinsurance lawyer, who provides practical legal and business solutions to clients on insurance, reinsurance and captive insurance related issues. He has been an active supporter of the Alberta captive legislation and helped encourage the change in regulation to allow for captives in the domicile to insure third party risks. He was also the first to successfully re-domesticate a captive to the Province.The guests cover why Alberta has proven to be an appealing, new option for Canadian businesses, the types of companies embracing captives, the opportunity for further growth and some of the challenges that lie ahead for the jurisdiction.For the latest news, data-driven analysis and thought leadership on the global captive market, visit Captive Intelligence and sign up to our twice-weekly newsletter.

In this episode of the Global Captive Podcast, supported by the EY Global Captive Network, Richard brings the second instalment in our Captive Leaders Series.In a candid, 30-minute discussion with Ciarán Healy, Global Captives Leader within Aon’s Commercial Risk Solutions, they address his vision and priorities for the Aon captive business, the growing opportunity for third party capital to enter captives and the age-old ‘independent’ versus broker-owned management debate.Check out the first Captive Leaders episode with Yves Betz, Head of Multinational Solutions at AXA XL, here.For all the latest news, exclusive data-driven analysis and thought leadership visit ⁠Captive Intelligence⁠ and sign up to our ⁠twice-weekly newsletter⁠.

This is the first episode of our new Captive Leaders Series, supported by the EY Global Captive Network and hosted by Richard Cutcher.In a 25-minute discussion Yves Betz, Head of Multinational Solutions at AXA XL, addresses a range of topics, including the evolving attitude of the commercial market towards captives, the increasing capital and capacity attracted to captive reinsurance and ART solutions, and the growing role of China in the captive marketplace.One Captive Leader interview will be released each month, with Aon's Global Captive Leader Ciarán Healy up next.For all the latest news, exclusive data-driven analysis and thought leadership visit Captive Intelligence and sign up to our twice-weekly newsletter.

In this GCP Short, produced in partnership with MARSH, we explore the growth areas of international employee benefits and medical stop loss in captives.Joining me for a 24 minute discussion, and bringing together the diverse expertise at Marsh, are:Donna Weber is Pooling & Cell Facilities Leader, Captive Solutions at MarshSteven McNair is Senior International Consultant at MercerGary Bischel, Managing Director of the Healthcare and Life Specialty Practice at Guy CarpenterChris Carlson, Senior Principal of Actuarial Consulting in the Health Practice at Oliver WymanDonna, Steven, Gary and Chris discuss why we are seeing such strong uptake in both international employee benefits and medical stop loss as captive strategies, the steps required to put these programmes in place and the role of cell structures.For the latest news, data-driven analysis and thought leadership on the global captive market, visit Captive Intelligence and sign up to our twice-weekly newsletter.

In this GCP Short, produced in partnership with IPT specialists TMF Group, Richard is joined by Christophe Bourdaire.As captives write business around the world, particularly when on a direct basis, they have to be mindful of complex and often changing local taxes and levies in each territory that they are active.Thankfully, there are specialists on hand that make it their business to know how to navigate and comply with these niche and sometimes confusing compliance tests.In a 15-minute conversation, TMF's Christophe updates listeners on some of the recent changes, additions and removals of local taxes and levies that are relevant to international insurance programmes and captives.For the latest news, data-driven analysis and thought leadership on the global captive market, visit Captive Intelligence and sign up to our twice-weekly newsletter.

In this GCP Short, produced in partnership with Jeometri Insurance Managers in Guernsey, we focus on tokenisation in insurance and its potential application by captives and other vehicles.The tokenisation of insurance assets is a hot topic withinthe insurance and capital markets and what it could mean for how insurers raise capital, manage risk and operate.Richard is joined in conversation by Darren Wadley, managingdirector of Jeometri, with 27 year’s experience in offshore financial services. Darren was involved in one of the landmark tokenisation projects, the first tokenisation of capital within Guernsey’s regulatory framework, through his role as a fiduciary director working with Ctrl Alt.You also hear from Aaron Slattery, client services director at Jeometri. Aaron is a chartered loss adjuster with over a decade’s experience working in insurance, including claims and captive management. He currently serves as a director on numerous insurance companies.So we have tokenisation expertise and the insurance expertisein one conversation, which should give you listeners a good understanding on how these two areas fit together and whether tokenisation may be of interest to your insurance structures.For the latest news, data-driven analysis and thought leadership on the global captive market, visit Captive Intelligence and sign up to our twice-weekly newsletter.

Welcome to the first in our new series of Captive Owner Spotlights for 2026, supported by the EY Global Captive Network.Over the next 12 months we will produce dedicated episodes that feature in-depth conversations with risk and insurance professionals that have a story or experience to share, concerning their own companies’ utilisation of a captive.In this episode, we hear from Chris Greisberger, Head of Global Risk Management at Taiwanese computer hardware giant Acer.Chris has implemented a custom Account Receivables risk insurance programme that heavily involves the captive, is supported by the commercial market and is powered by the company's own internal risk assessment of customers.In a 35-minute discussion, Chris explains how this was achieved, the underlying logic behind the programme and why he believes more companies need to be exploring a similar solution.We are also joined by Malcolm Cutts-Watson, one of the independent non-executive directors for Acer's Guernsey captive, and he provides his own iNED view on the programme and how it is run.Chris is open to hearing from fellow captive owners who may want to explore or learn more about Account Receivables risk. If you would like to get in touch with him, please contact Richard by email or LinkedIn.If you are a Captive Owner and have an innovative or unique case study to share, then do not hesitate to get in touch if you are interested in featuring in our Captive Owner Series.For the latest news, data-driven analysis and thought leadership on the global captive market, do visit Captive Intelligence and sign up to our twice-weekly newsletter.Do also make sure you are subscribed to the Global Captive Podcast, wherever you get your podcasts from.

In this GCP Short, produced in partnership with Zurich Insurance, we take a look at the state of the commercial cyber market and the current trends in how corporates are using their captive.Joining Richard for a 20-minute conversation are Esme Gould, Head of Captives & ART, and Nick Pritchard, Senior Cyber Liability Underwriter, both at Zurich Insurance Company UK.In our conversation, Nick explains how cyber insurance is evolving, the response of the market and buyers to recent high-profile loss events, and why a captive’s involvement is often viewed favourably by the carrier.Esme explains the different ways captives take part in cyber programmes and the activity she has seen from customers.

In this GCP Short, produced in partnership with MAXIS Global Benefits Network, we take a closer look at captive employee benefits developments in the Middle East and Gulf region.Richard is joined for a 25-minute discussion by AlexandreRizk, Director of Global Relationship Management at MAXIS, and Araxi Melkonian and Alexandra Abou Faysal, both Associate Directors of Multinational Client Relationships at MetLife Gulf.Alex, Alexandra and Araxi discuss general captive trends in the region, how the local healthcare markets in the Gulf are influencing appetite for utilising a captive for employee benefits and the nuances on health insurance and EB in the Gulf states.For the latest news, data-driven analysis and thought leadership on the global captive market, visit Captive Intelligence and sign up to our twice-weekly newsletter.

Episode 128 of the Global Captive Podcast, supported by the EY Global Captive Network, was recorded at the 2025 Cayman Captive Forum by our senior reporter Luke Harrison.Produced in partnership with IMAC, Luke spoke to a cross section of the Cayman captive market, as well as captive owners and international consultants.01:32 - 05:50: Jenny Pooley, Managing Director and Chief Executive at SRS Cayman, discusses the jurisdiction’s segregated portfolio companies (SPCs) and portfolio insurance companies (PICs).05:55 - 14:03: Nick Hentges, CEO and Principal at CaptiveResources, shares insight on trends and growth in group captives.14:16 - 19:55: Julie Patel, Americas Captive Consulting Leader at Marsh Captive Solutions, provides a general overview of why Cayman remains a leading domicile option.19:58 - 26:46: Julie Robertson, partner at Honigman and head of the firm’s captive insurance practice, and Cathy Treen, Chief Risk Officer at Indiana University Health, a captive owner in Cayman, explain why the jurisdiction is so appealing to healthcare organisations.26:51 - 33:18: Yohann Regnard, Managing Director at Artex Cayman, discusses insurance-linked securities trends in the Cayman Islands.For the latest news, data-driven analysis and thought leadership on the global captive market, visit Captive Intelligence and sign up to our twice weekly newsletter.

In this GCP Short, produced in partnership with W1M, Richard is first joined by Chris Dalziel, Head of Insurance Solutions at the firm.Chris shares his views on how the UK could potentially stand out as a domicile option in how it permits capital to be used and allowable investments, and also brings us up to speed on the newly rebranded W1M and its work with captives.In the second half of the episode, Executive Director Shadrack Kwasa provides the latest quarterly investments update in conversation with Oliver Murray, Senior Portfolio Manager within the Institutional Team at W1M.For the latest news, data-driven analysis and thought leadership on the global captive market, visit Captive Intelligence and sign up to the twice-weekly newsletter.

In this GCP Short, produced in partnership with the State of Utah and the Utah Captive Insurance Association, we share with our listeners more information on one of the largest captive domiciles in the United States.In a 25 minute conversation, Richard is joined by Travis Wegkamp, Director of Captive Insurance in the State, Jim LeRoy, President of the Utah Captive Insurance Association, Bryan Ridgway, Managing Partner and COO of CIC Services, LLC, and Tom Massey, President of Nelnet Insurance Services, a Utah-domiciled captive.For the latest news, data-driven analysis and thought leadership on the global captive market, visit Captive Intelligence and sign up to our twice-weekly newsletter.

This GCP Short, produced in partnership with the State of Vermont, shares a recent case study of a sponsored captive formed to provide additional capacity for renewable energy projects in the United States.Richard is joined by Amy Antczak, Chief Operating Officer andCo-Founder of GreenieRE, who tells us about the GreenieRE Coalition, the insurance challenge it faced and how it is using public and private funds, through the utilisation of a Vermont cell company, to support MGAs and renewable infrastructure projects and startups.We also hear from Christine Brown, Director of Captive Insurance at the Vermont Department of Financial Regulation, who explains why the State saw the project as a good fit for a sponsored captive structure and the process involved in getting it licensed.For the latest news, data-driven analysis and thought leadership on the global captive market, visit Captive Intelligence and sign up to our twice-weekly newsletter.

This GCP Short, produced in partnership with ZurichCommercial Insurance, is all about combining the insurer’s multinational network with captive fronting.In a 20-minute discussion, recorded at the European Captive Forum in Luxembourg in November, Richard is joined by Dr. Carin Gantenbein, Global Head of Network Management at Zurich Multinational, and Joshua Nyaberi, Head of Captive Fronting.Carin and Josh discuss how a multinational network is leveraged to support and implement multinational programmes, trends in captive fronting and the nuances concerning Financial Interest Clauses (FINC) and pure, 100% fronting.For the latest news, data-driven analysis and thought leadership on the global captive market, visit Captive Intelligence and sign up to our twice-weekly newsletter.

This GCP Short, produced in partnership with Oliver Wyman,is all about the growing utilisation of captives among franchise businesses and franchisees.In a 25 minute discussion, Richard is joined by Michael Jeffers, Senior Manager in Actuarial Consulting at Oliver Wyman, Kristie Barlow, Managing Director and Franchise Program Leader at Marsh Affinity, and Savannah Dennis, Vice President in Marsh Captive Solutions.The trio discuss why captive solutions are increasingly appealing to some franchise businesses and franchisees, the different structures available, the steps to get a franchisee captive off the ground, and the benefits of a captive strategy.For the latest news, data-driven analysis and thought leadership on the global captive market, visit Captive Intelligence and sign up to our twice-weekly newsletter.

In this GCP Short, produced in partnership with MAXIS GlobalBenefits Network, Richard is joined by Christian Frener, Head of Global Benefits at Swiss multinational Givaudan, and Nicola Fordham, Chief Solutions Officer at MAXIS Global Benefits Network.Christian explains why and how he has implemented a minimum standard of employee benefits across the group and the role of the captive in achieving the company’s objectives.Nicola discusses some of the motives for this approach, whether the strategy is being replicated by other corporates and the considerations for successful implementation.For the latest news, data-driven analysis and thought leadership on the global captive market, visit Captive Intelligence and sign up to our twice-weekly newsletter.

In this GCP Short, produced in partnership with Hylant Global Captive Solutions, we discuss when, why and how captive owners should revisit their captive’s rationale and purpose.Richard sat down with Anne Marie Towle, CEO of Hylant Global Risk and Captive Solutions, and Alex Gedge, Senior Captive Consultant at Hylant, to discuss how organisations can benefit from conducting a so-called ‘re-feasibility study’ to sense check whether their captive remains fit-for-purpose and what changes should be made to their alternative risk financing strategy may be effective.Richard and Alex also discuss the ongoing conversations concerning a UK captive regime, and what opportunities a competitive UK domicile may offer organisations looking to review or choose a captive jurisdiction.For the latest data-driven analysis, exclusive news and thought leadership on the global captive market visit ⁠Captive Intelligence⁠ and sign up to our ⁠twice-weekly newsletter⁠.

In episode 127 of the Global Captive Podcast, supported by the EY Global Captive Network, Richard shares five short interviews recorded at the European Captive Forum in Luxembourg on 5 and 6 November.01.22 – 10.12: Lorraine Stack, Risk Management Leader in Europe for Marsh.10.17 – 19.19: Peter Carter, Head of Captive and Insurance Management at WTW.19.21 – 22.34: Marine Charbonnier, Head of Underwriting, Captives and Facultatives for APAC and Europe at AXA XL.22.37 – 26.50: Graham McCarthy, Partner in Specialty Broking at McGill & Partners.26.53 - 31.08: James Norman, Head of International Business Development at Sedgwick.For the latest data-driven analysis, exclusive news and thought leadership on the global captive market visit Captive Intelligence and sign up to our twice-weekly newsletter.

In this GCP Short, produced in partnership with Zurich Global Employee Benefits Solutions (ZGEBS), we hear first-hand from the shipping giant Maersk about how they have successfully implemented a global EB captive programme, driven by collaboration between risk, insurance, HR and benefits.Richard is joined by Chris Mason, UK and APAC Director of Customer and Distribution Management at ZGEBS, as well as Dana Voss, Global Benefits & Wellbeing Lead at Maersk, and Christine Toscano, Senior Underwriter, People Lines at Maersk.Christine and Dana explain how, in their different roles, they have contributed to the success of a growing EB programme, the considerations when aligning priorities and how the captive has helped the organisation achieve its EB objectives.For all the latest news, data-driven analysis and thought leadership on the global captive market, visit Captive Intelligence and sign-up for our twice-weekly newsletter.