Global Captive Podcast

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.

In this GCP Short, produced in partnership with Aon and HDIGlobal, and revealing more detail behind the new property group captive being established in the Cayman Islands.Property Engineered Risk Insurance Limited (PERIL) has received a conditional licence from the Cayman Islands Monetary Authority (CIMA), and has been set up by Aon and HDI, as revealed by Captive Intelligence last week.PERIL has 10 founding members and will be licensed as a Class B(i) captive in Cayman, managed by Aon and fronted by HDI.Richard is joined by Tracy Williams, managing director of group captive solutions at Aon, Jason Tyng, vice president of the US Captive Solutions Group at HDI Global, and Timon Mueller, US property underwriting manager at HDI.Tracy, Jason and Timon discuss the drivers for establishment of PERIL, why property group captives have typically been harder to get off the ground than those writing casualty lines and the kinds of companies they are expecting to join as members.To read more about the formation of PERIL, read our exclusive Captive Intelligence story here.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 the Insurance Managers Association of Cayman (IMAC), we hear whythe domicile remains a premier jurisdiction for establishing captives and includes a great captive owner case study from American healthcare company Gardant Management Solutions. Luke is joined by Gareth van den Bergh and MichaelWild, both of Artex Risk Solutions, Kevin Poole, general manager of IMAC, and Greg Echols, co-CEO of Gardant Management Solutions, which has owned a captive in Cayman since 2018.For more information on IMAC: https://www.imac.ky/For more information on the Cayman Captive Forum, held 2-4 December at the Ritz-Carlton: https://www.imac.ky/events/cayman-captive-forum/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, we discuss various topics, including the recent formation of a non-admitted insurer in Guernsey, reinsurance protection and the prospects of a UK captive regime.Richard is joined by Darren Wadley, founder and executive director, and Aaron Slattery, client services director, to discuss these areas, as well as developments in the life sector that could see further captive utilisation.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 Oliver Wyman, we explore the different ways a captive insurance company can support the business operations and growth of its parent group.Richard is joined by Rob Ceske, Partner and Global Captive Leader at Oliver Wyman, and Michael Atkinson, Principal and actuary at the same firm.If you are particularly interested in this topic and, particularly the strategic role of capital modelling for captives, then Oliver Wyman and Mercer are hosting a webinar on Tuesday, 21 October on this topic at 12pm Eastern Time.A link to register and access the recoding if you cannot attend live is here.For all 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 HDI Global, Richard discusses supply chain risk and how captives can play a role in risk financing.Dan Sammons, Captive Manager for HDI in the UK and Ireland, and Kate Sutcliffe, Chief Underwriting Officer for Short Tail business in the same region, explain why supply chain is a challenging area for clients and insurers, and how an insured’s captive can play an important role in facilitating a broader risk financing approach.For the latest news, data-driven analysis and thought leadership on the global captive landscape, visit Captive Intelligence and sign up to our twice-weekly newsletter.

In this GCP Short, produced in partnership with Aon, we discuss utilising captives in a soft insurance market.Captive formations surged in the period 2019 to 2024 when the tough commercial market was at its hardest.  But according to formations tracked by Ci DataHub this year, 2025 is keeping on track for another bumper year of new captive formations.Captives may not be wholly market cycle dependent, but how they are utilised in soft and hard markets can differ and insurance buyers can benefit from a nimble and flexible approach to how they deploy their captive.Joining Richard for a conversation on how to get the most from a captive in a soft market is Jay Curtis, Director of EnterpriseClient Captive Solutions in the Americas for Aon, Diane Hanson, Managing Director & Head of Aon’s Vermont Captive Management Office, and Michelle D'Amico, Associate Director of Aon Risk Finance & Captive Consulting.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 episode 126 of the Global Captive Podcast, supported by the EY Global Captive Network, Richard is joined by CICA President Dan Towle, while Senior Reporter Luke hosts a discussion with 831(b) captive owner Drake Plastics Ltd and Dustin Carlson, President of SRA 831(b) Admin.02:11 - 14:24: CICA President Dan Towle explains why he is confident the UK can become a successful captive domicile, the Association's growing involvement in the UK and European markets and plans for the CICA International Conference, held in Palm Desert, California from March 8 - 10, 2026.Further reading from Captive Intelligence:UK has all the tools for captive success, but proportionality “key ingredient”Captives Coming Home? … What DataHub tells us about UK-owned captives16:06 - 31:40: Luke interviews Dustin Carlson, President of SRA 831(b) Admin, and Steven Quance, President of Drake Plastics Ltd, to explain how micro-captives are valuable risk financing and management tools, and why they are pushing back through the courts against what they see as regulatory overreach by the Internal Revenue Service in the United States.Further reading from Captive Intelligence:Drake Plastics files second lawsuit against IRS concerning 831(b) captivesIRS finalises 831(b) regulations, concedes on loss ratio criticismFor 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 the Hawaii Captive Insurance Council (HCIC), Richard is joined by Paul Shimomoto, Chair of the HCIC and Partner at law firmGoodsill Anderson Quinn & Stifel, and Matt Takamine, Director of HCIC and Captive Practice Leader at Brown & Brown.The trio discuss recent activity in the domicile, accelerating interest from Japan and its upcoming 40th anniversary as a domicile.Matt and Paul also explain how Hawaii continues to stand out as premier captive domicile in an increasingly competitive landscape, if momentum in Japan may be about to move up a notch and why it is important that the annual Forum in October returns to Maui this year.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 the EY Global Captive Network, Richard discusses the shifting domicile landscape and the factors that go into choosing a jurisdiction.In a 22 minute episode, Richard is joined by Mikhail Raybshteyn, Partner and Americas Captive Insurance Servicesco-leader, Ted Clabault, Managing Director at EY, and Patrick Theriault, Managing Director at Strategic Risk Solutions.The group debates what is driving domicile selection today, how the emergence of new domiciles and so called ‘home’ options are changing the equation and where international tax initiatives such as BEPS Pillar 2 are influencing decisions.For more information on the EY Global Captive Network, visit its Friend of the Podcast page.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 episode 125 of the Global Captive Network, supported by the EY Global Captive Network, Richard is joined by Joe Peiser, Global CEO of Aon Commercial Risk.Richard met Joe at the VCIA annual conference in Burlington, Vermont in August where they also spoke on the closing keynote panel together.Joe shares his perspective on the captive market, its importance to Aon and where he sees it going in the future.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 HDI Global, and we discuss international programmes and the important role captives play in facilitating them.For multinational companies, it is common for a captive to play a role in the layers of an international programme, utilising one or more fronting partners to bring consistency across many, sometimes hundreds, of territories.Richard is joined by Jelto Borgmann, Head of Captive Services at HDI Global, and Kerstin Kader, Head of HGN Technical Accounting and Intercompany, at the German multinational insurer.Jelto and Kerstin discuss why international programmes are relevant for captives, how to overcome challenges and complexity such as currency fluctuations and premium transfer, and the importance of getting compliance right in every territory.For all 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 Guy Carpenter, Richard takes a closer look at the surge in group captive business in the United States.Naturally on GCP we do tend to focus more on pure captives and even captive cell utilisation, but the growth in group captives, particularly in the United States, has been huge in recent year.The US market brings large groups of mid market or smaller companies together to insure an increasing range of lines such as workers’ comp, auto, property and various liability coverages, and is opening up the captive concept to a huge pool of insureds.Richard is joined by Rob Collins, Captive Segment Leader and Managing Director at Guy Carpenter, and Linda Johnson, Executive Vice President and Chief Underwriting Officer at Old Republic Risk Management.Our two guests provide services to group captives across the US, and they share their views on why we are seeing such growth in this area, what is driving some of the new trends, and how to tackle certain challenges such as fronting, legacy management and reinsurance.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 Zurich Insurance, a panel of leading captive experts recreate theirpopular session at RISKWORLD 2025 to debate and discuss why property programmes continue to be such a popular addition to captive insurance companies.Adriana Scherzinger, Global Head of Captives at Zurich, Ian Ascher, Executive Director for Global Risk Management at captive owner Jones Lang LaSalle, Sandy Bigglestone, Deputy Commissioner for Captive Insurance at the State of Vermont, and Michael Serricchio, US & Canada Regional Leader at Marsh Captive Solutions, explain how property risk is commonly structured in a captive, the drivers in both hard and soft market cycles, and the importance of definining the group’s risk appetite for such coverage.For the latest news, analysis and thought leadership on the global captive market, visit Captive Intelligence and sign up to our twice-weekly newsletter.