A.M. BestTV: Captives Set to Host More Cyber and Health, Multiple Cells

OLDWICK, N.J.–(BUSINESS WIRE)–In this A.M.BestTV episode, attendees at the 2017 International Conference of the Captive Insurance Companies Association in San Diego, CA, said market and regulatory pressures will drive more cyber risk to captives. Those captives will also be required to meet new cyber risk standards. Click on to view the entire program.

Despite the soft market, some attendees said they believe there are plenty of opportunities for captives.

“I think some of the newer opportunities that are coming are the more esoteric,” said Anne Marie Towle, executive vice president, captive consulting practice leader, JLT Insurance Management USA. “However, not necessarily esoteric in complete nature, but more like things that might have not always been placed in the traditional marketplace … things that might not have been insured in a captive.”

Yet, Tony Weller, chief executive officer, Citadel Risk, said he sees the soft market as definitely an obstruction.

“It is really hard to see, whilst the market remains soft, where those new opportunities will be,” said Weller. He thinks it could, “inevitably occur when some kind of catastrophe happens in the property market, natural or not.”

Other people that appear in this episode:

  • Paul Owens, chief executive officer, global captive practice, Willis Towers Watson;
  • Fredrik Finnman, global risk insurance management, Assa Abloy;
  • Steve Bauman, head of captive services, Zurich Global Corporate, North America;
  • Kathleen Waslov, senior vice president, Willis Towers Watson;
  • David Provost, deputy commissioner, Vermont Captive Insurance Division; and
  • Paul Shimomoto, marketing chair, Hawaii Captive Insurance Council.

For full coverage of the conference, including exclusive executive interviews, visit

Recent episodes of A.M.BestTV include:

  • Focus on Fiduciary Role Will Outlast Rule Changes Says A.M. Best Director: Tom Rosendale, director, A.M. Best, said despite uncertainty over proposed rules from the federal Department of Labor, insurers know they and their intermediaries must meet evolving standards for financial fiduciaries:
  • Bermuda’s Wojciechowski: 2016 Set Record for ILS Listings: Greg Wojciechowski, president and chief executive officer, Bermuda Stock Exchange, said the number of listed insurance-linked securities issuers on the exchange reached nearly 175, with a market capitalization of $22 billion:
  • Issues Loom for Western European Insurers, Says A.M. Best Managing Director: Greg Carter, A.M. Best managing director, analytics, reviews highlights of a recent report that examines the credit quality of Western European insurers, as well as the interest rate environment and political and regulatory issues that are impacting the sector:
  • Professional Lines Attracts Host of Competitors, Says A.M. Best Senior Industry Analyst: A.M. Best Senior Industry Analyst David Blades reviews a new special report that examines how new competition is driving premium growth for the U.S. professional liability segment:

A.M.BestTV covers exclusive A.M. Best information and reports, targeted topics and key developments in the (re)insurance industry every Monday, Wednesday and Friday. Sign up for alerts of episodes at View A.M.BestTV episodes at

A.M. Best is the world’s oldest and most authoritative insurance rating and information source. For more information, visit

Copyright © 2017 by A.M. Best Company, Inc. and/or its subsidiaries. ALL RIGHTS RESERVED.

Most Popular

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2015 All-In World News.

To Top