Captive insurance

AssuredPartners Taps Jeffrey Kurz to Lead Alternative Risk Strategies

Retrieved on: 
Wednesday, July 26, 2023
Insurance, Education, Senior, Health, National Restaurant Association, Berkshire Hathaway, AP, ART, Strategic planning, Cayman Islands, Risk, CPA, Knowledge, Growth, Captive insurance, Captive, MedPro Group, Conference, AssuredPartners NL, Management, Risk management

ORLANDO, Fla., July 26, 2023 /PRNewswire-PRWeb/ -- AssuredPartners ("AP") is pleased to announce that Jeffrey Kurz has joined the firm as Senior Vice President of Alterative Risk Strategies, effective July 5, 2023. In his new role, Kurz will focus on the design, build, and deployment of unique risk products and solutions. In addition, he will provide consultation on single parent captive insurance and complex risk strategies for AP clients. He will report to Chief Revenue Officer, Ty Beba.

Key Points: 
  • ORLANDO, Fla., July 26, 2023 /PRNewswire-PRWeb/ -- AssuredPartners ("AP") is pleased to announce that Jeffrey Kurz has joined the firm as Senior Vice President of Alterative Risk Strategies, effective July 5, 2023.
  • In addition, he will provide consultation on single parent captive insurance and complex risk strategies for AP clients.
  • "I'm excited to bring my nearly 30 years of experience in alternative risk to a dynamic and fast-growing organization like AssuredPartners," said Kurz.
  • We expect alternative risk programs and strategies to be a major driver of growth for AssuredPartners and a key differentiator for the firm."

Two Vermonters voted as top captive insurance professionals in the world

Retrieved on: 
Thursday, May 11, 2023
Vermont Department of Motor Vehicles, General counsel, Farmer, International Center, United Shipping & Trading Company, Professional, DFR, AIG, Associate, Government, Gold, Division, Knowledge, Growth, Financial regulation, Region, Captive insurance, Farmers Business Network, Environment, National Risk Register, Legislation, Insurance, Management, Celanese

MONTPELIER, Vt., May 11, 2023 /PRNewswire-PRWeb/ -- The Captive Insurance Division of the Vermont Department of Financial Regulation (DFR) Deputy Commissioner of Captive Insurance Sandy Bigglestone, and Regional Managing Director – Americas for Aon Captive & Insurance Management Nancy Gray, were voted to top spots by their peers in Captive Review's Power 50 Awards earlier this year. According to the Captive Review, over 7,800 captive insurance professionals around the world submitted their nominations and nominees were then judged on how they best met the criteria of influence, innovation, visibility/accessibility, skill/ability, and how dedicated they are to helping the broader industry.

Key Points: 
  • They placed #3 and #1 in Captive Review's Power 50 Awards, which recognizes the world's top captive insurance professionals.
  • MONTPELIER, Vt., May 11, 2023 /PRNewswire-PRWeb/ -- The Captive Insurance Division of the Vermont Department of Financial Regulation (DFR) Deputy Commissioner of Captive Insurance Sandy Bigglestone, and Regional Managing Director – Americas for Aon Captive & Insurance Management Nancy Gray, were voted to top spots by their peers in Captive Review's Power 50 Awards earlier this year.
  • In 2022, Bigglestone was promoted to Deputy Commissioner of the Captive Division, leading Vermont's 30 captive insurance regulators.
  • Previously, she served as a director and treasurer of the International Center for Captive Insurance Education and as a director and treasurer of the Vermont Captive Insurance Association.

Vermont to conduct captive insurance trade mission in Mexico

Retrieved on: 
Wednesday, February 22, 2023
International Trade Administration, Small business, Secretary of State of Vermont, North American Leaders' Summit, Insurance, Risk, United States Commercial Service, Small Business Administration, Department of Economic Development, Government, Face, Economic development, U.S. Department of Defense Strategy for Operating in Cyberspace, Captive insurance, Corporate development, Financial regulation, U.S. Commercial Service in Taiwan, Commerce, COVID-19

MONTPELIER, Vt., Feb. 22, 2023 /PRNewswire-PRWeb/ -- The State of Vermont and the Vermont Captive Insurance Association (VCIA) will send a delegation of government, regulatory, and industry representatives to Mexico to highlight Vermont's leading captive insurance industry. The trade mission was originally planned for March 2020, but was delayed due to the COVID-19 Pandemic. The delegation will lead a captive insurance educational forum in Mexico City on March 1, 2023. The trade mission is a collaborative effort with the U.S. Commercial Service, the trade and promotion arm of the U.S. Department of Commerce's International Trade Administration, and Vermont's Department of Economic Development via its State Trade and Expansion Program, a program funded by the Small Business Administration.

Key Points: 
  • The mission is a collaborative effort to help highlight Vermont's leading captive insurance industry, encouraging companies from Mexico and around the world to take advantage of the benefits of captive insurance.
  • MONTPELIER, Vt., Feb. 22, 2023 /PRNewswire-PRWeb/ -- The State of Vermont and the Vermont Captive Insurance Association (VCIA) will send a delegation of government, regulatory, and industry representatives to Mexico to highlight Vermont's leading captive insurance industry.
  • "The trade mission is a great example of Vermont's mutually beneficial trade relationship with Mexico," said Governor Phil Scott.
  • "The goal of the trade mission is to raise awareness about Vermont as a leading domicile for captive insurance, no matter where in the world you are headquartered," said Sandy Bigglestone, Deputy Commissioner of Captive Insurance, Vermont Department of Financial Regulation.

RH CPAs Chief Visionary Officer Leon Rives Announces New Audit Manager Hire

Retrieved on: 
Friday, January 13, 2023
ACI, Certification, Associate, University, Bachelor of Science, Society, CFE, Captive insurance, RH, CPAS, Growth, International Center, Leane, Attitude, Accounting, Management, Science

Greensboro, N.C., Jan. 13, 2023 (GLOBE NEWSWIRE) -- Accounting, tax and advisory firm RH CPAs is pleased to announce a new hire.

Key Points: 
  • Greensboro, N.C., Jan. 13, 2023 (GLOBE NEWSWIRE) -- Accounting, tax and advisory firm RH CPAs is pleased to announce a new hire.
  • Leane Rafalko is an incoming Audit Manager in RH’s Lexington office.
  • “RH CPAs is excited to work with someone as dedicated and motivated as Leane,” said Leon L. Rives II, Chief Visionary Officer at RH CPAs.
  • “We are deeply committed to adding to our growing team, and thrilled to welcome team members with proven professional successes like Leane.

AXA XL appoints Stephen White as Alternative Risk and Captives Leader in Canada

Retrieved on: 
Monday, November 7, 2022
Transfer, Axa XL, Captive insurance, Insurance, Banking in Canada, Appetite, AXA, View, Growth, Risk, Multimedia, Axa, Royal Bank, Time, Risk management, XL, Commerce, Distribution, Reinsurance

TORONTO, Nov. 7, 2022 /PRNewswire/ -- AXA XL has appointed Stephen White as Alternative Risk and Captives Leader for Canada.

Key Points: 
  • TORONTO, Nov. 7, 2022 /PRNewswire/ -- AXA XL has appointed Stephen White as Alternative Risk and Captives Leader for Canada.
  • Mr. White joins AXA XL from Purves Redmond Limited where he led the Alternative Risk Transfer Practice.
  • AXA XL Insurance offers Captives Insurance and Fronting Insurance programs across a wide range of lines to help businesses seeking to self-insure some of their risk.
  • To learn more, visit www.axaxl.com
    1AXA XL is a division of AXA Group providing products and services through four business groups: AXA XL Insurance, AXA XL Reinsurance and AXA XL Risk Consulting.

Jim DeVoe-Talluto promoted to Assistant Director of Captive Insurance

Retrieved on: 
Tuesday, October 11, 2022
Insurance, Risk, Assistant, MS, Accreditation, MBA, Division, Captive insurance, Department, Industry, Association, Financial regulation, Environment, NAIC, Stanford University, Gold standard, Compliance, Northeastern University, Accounting

MONTPELIER, Vt., Oct. 11, 2022 /PRNewswire-PRWeb/ -- Examiner-In-Charge Jim DeVoe-Talluto has been promoted to Assistant Director of Captive Insurance at the Department of Financial Regulation. Jim will fill the role that Christine Brown held, who was recently promoted to Director of Captive Insurance of the Captive Insurance Division.

Key Points: 
  • Jim will fill the role that Christine Brown held, who was recently promoted to Director of Captive Insurance of the Captive Insurance Division.
  • MONTPELIER, Vt., Oct. 11, 2022 /PRNewswire-PRWeb/ -- Examiner-In-Charge Jim DeVoe-Talluto has been promoted to Assistant Director of Captive Insurance at the Department of Financial Regulation.
  • Jim will fill the role that Christine Brown held, who was recently promoted to Director of Captive Insurance of the Captive Insurance Division.
  • Promoting Jim to the Assistant Director role is another example of our commitment," said Sandy Bigglestone, Deputy Commissioner of Captive Insurance.

Comerica Bank Promotes Michigan Leaders Mike Ritchie and Steve Davis

Retrieved on: 
Thursday, August 11, 2022
Austin v. Michigan Chamber of Commerce, Comerica, Captive insurance, Multimedia, City, Industry, NYSE, Senior, Davis, Commercial bank, Facebook, Leadership, Business, Commerce, Retail, Bracket, Corporate finance, Rizal Commercial Banking Corporation, Bank, Cass, Retail banking, Instagram, Twitter, Detroit Economic Club, CMA, Wealth management, FTE, Investor, Bank of the Commonwealth, Social services, Health care, Ecosystem, Trustee, National, Loyola, Richie, Cass Community Social Services, Organization, Management, Online shopping

DETROIT, Aug. 11, 2022 /PRNewswire/ -- Comerica Bank announced today the promotion of two Michigan market senior leaders into expanded roles. Mike Ritchie, currently Comerica's Michigan Market President, has been named as the newly-established Executive Vice President, Head of National and Specialty Businesses. Steve Davis, who currently serves as Senior Vice President, Middle Market Banking, will succeed Ritchie as the new Michigan Market President.

Key Points: 
  • Ritchie named new Executive Vice President, Head of National and Specialty Businesses; Davis named Michigan Market President
    DETROIT, Aug. 11, 2022 /PRNewswire/ --Comerica Bank announced today the promotion of two Michigan market senior leaders into expanded roles.
  • Mike Ritchie, currently Comerica's Michigan Market President, has been named as the newly-established Executive Vice President, Head of National and Specialty Businesses.
  • Steve Davis, who currently serves as Senior Vice President, Middle Market Banking, will succeed Ritchie as the new Michigan Market President.
  • Together, Ritchie and Davis provide over 60 years of experience supporting Comerica's customers and impacting the communities that the bank serves.

Christine Brown promoted to Director of Captive Insurance

Retrieved on: 
Thursday, July 21, 2022
Division, AON, Economic development, Ernst & Young, Master of Accountancy, Pleasure, Insurance, Industry, Learning, VT, Captive insurance, History, DFR, Risk, Auditor, Department of Economic Development, Assistant, Associate Director of National Intelligence and Chief Information Officer, Society, Perseverance, MBA, Senior, Department, Financial regulation, Assistant director, Growth, Management, Examiner, Northeastern University

SHELBURNE, Vt., July 21, 2022 /PRNewswire-PRWeb/ -- Assistant Director Christine Brown has been promoted to Director of Captive Insurance at the Department of Financial Regulation (DFR). Christine will be filling the role that Sandy Bigglestone holds, who will be appointed to Deputy Commissioner of the Division when David Provost retires at the end of August.

Key Points: 
  • Christine Brown, VT's current Assistant Director of Captive Insurance, has been promoted to VT's Director of Captive Insurance.
  • SHELBURNE, Vt., July 21, 2022 /PRNewswire-PRWeb/ -- Assistant Director Christine Brown has been promoted to Director of Captive Insurance at the Department of Financial Regulation (DFR).
  • "Christine Brown is the most eligible and obvious choice for Director of Captive Insurance.
  • What an awesome choice to have Christine Brown succeed Sandy Bigglestone as the Department of Financial Regulation's next Director of Captive Insurance.

NFP Forms Captive Management Corp. and Strengthens its Complex Risk Solutions Group in Canada with Alternative Risk Expertise

Retrieved on: 
Tuesday, July 12, 2022
Goal, Natural Resources, Captive insurance, Multimedia, Solution, Environment, View, Business, Insurance, NFP, Retirement, Legislation, Investment, Industry, Act, Efficiency

TORONTO, July 12, 2022 /PRNewswire/ -- NFP, a leading property and casualty broker, benefits consultant, wealth manager and retirement advisor, announced today it has established the NFP Captive Management (Alberta) Corp. and augmented its Complex Risk Solutions Group (CRSG) with the addition of two industry veterans in the captives and alternative risk space. These moves, in conjunction with the recently enacted Captive Insurance Companies Act in Alberta (the Act), will enable NFP to form and administer Alberta-domiciled captive insurance companies for their clients.

Key Points: 
  • These moves, in conjunction with the recently enacted Captive Insurance Companies Act in Alberta (the Act), will enable NFP to form and administer Alberta-domiciled captive insurance companies for their clients.
  • The Act has established a regime of captive insurance in Alberta where an organization can insure itself against risk instead of buying insurance from a third party.
  • "NFP isvery excited about this new legislationand the opportunity it creates for Canadian employers to form captive insurance companies domiciled in Alberta," said Joseph Seeger, managing director, co-lead, CRSG, NFP in Canada.
  • This alternative risk transfer mechanism will deliver clients more cost-effective risk mitigation solutions in this environment of rising insurance prices," said Jackson.

Governor Phil Scott appoints Sandy Bigglestone to lead captive industry

Retrieved on: 
Friday, June 3, 2022
Woman, Compliance, VP, Leadership, Regulation, Insurance, Advisory board, Regulatory compliance, Awareness, Financial regulation, DFR, Intelligence, Property, National Association, Partner (business rank), Division, Risk, National Association of Insurance Commissioners, Captive insurance, Thought, Industry, Department, University

MONTPELIER, Vt., June 3, 2022 /PRNewswire-PRWeb/ -- Governor Phil Scott has appointed Sandy Bigglestone to become the Deputy Commissioner of the Captive Insurance Division at the Department of Financial Regulation (DFR) at the end of the summer, ensuring a smooth transition in the role from current Deputy Commissioner David Provost, who is retiring. Bigglestone is currently the Director of Captive Insurance.

Key Points: 
  • It made sense to look within for the best person to lead the industry and the obvious choice was Sandy.
  • I look forward to all she will do moving forward in support of this great industry," said Governor Phil Scott.
  • In 2018, Bigglestone was the recipient of the Business Insurance Women to Watch Award for her leadership, expertise, and accomplishments in the captive insurance industry.
  • "The Vermont Captive industry and the broader captive sector will be served very well by Sandy Bigglestone," said John Prescott, Managing Partner, Johnson Lambert LLP.