July 25, 2020

GCP Short: The how, what and why of cell captives

22 minutes

In this GCP Short, produced in collaboration with Friends of the Podcast Morris, Manning and Martin LLP, Richard is joined by Joe Holahan, an attorney with Morris, Manning and Martin, and Pete Kranz, Captive Practice Leader at Beecher Carlson.

The trio discuss the different types of cell captives, why and by who they are utilised, how they are managed, good governance, and the important legal considerations concerning the segregation of assets and liabilities.

For more information on Morris, Manning & Martin, visit their GCP page: https://www.globalcaptivepodcast.com/mmm

Joseph T. Holahan is Of Counsel in the firm’s Insurance and Reinsurance Practice and a member of the firm’s Privacy and Data Security Practice. Mr. Holahan advises insurers, reinsurers, producers and third party administrators on a variety of legal matters, including all aspects of regulatory compliance. He has extensive experience in the development and maintenance of captive insurance programs, including formation, licensing, regulation and corporate governance. His experience also includes assisting insurers with mergers and acquisitions; corporate restructuring; assumption reinsurance; portfolio transfers and other transactions.

Pete Kranz is the leader of Beecher Carlson’s Captive Practice, an integral piece of the Risk Optimization Group, across 20 domiciles throughout North America. Beecher Carlson is among the world’s largest captive managers by number of entities managed, captive premium volume and is one of the most awarded captive managers in the industry as recognized by Captive Review’s Annual Captive Service Awards. In 2018, Pete was named by Captive Review, a leading industry publication, as one of eight “One’s to Watch” and was a 2020 Risk & Insurance Power Broker for Captives!

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Contact Richard: [email protected]

Visit the website: www.globalcaptivepodcast.com

Twitter & Instagram: @captivepodcast

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