Global Captive Podcast

In this GCP Short, produced in partnership with Hylant Global Captive Solutions, we bring you another new captive owner story.

Richard is joined by Hylant's Anne Marie Towle and Adam Miholic, who discuss with Adam Binder, Category Director for the Indirect Spend Program at Topco Associates, LLC, how and why the company formed a sponsored captive in Vermont in November 2022.

For more information on Hylant's captive services, visit their Friend of the Podcast page here.

For the latest breaking news, analysis and thought leadership from the global captive market, visit Captive Intelligence and sign up to our twice weekly newsletter here.

In episode 92 of the Global Captive Podcast, supported by the EY Global Captive Network, Richard is joined by three guests to debate what impact and relevance the unfolding fraudulent collateral scandal concerning insurtech Vesttoo has for cell structures and collateral in the captive market more broadly.

04.22 - 16.13: Joseph Holahan, Partner at BakerHostetler, reacts to the Vesttoo case and explains some of the potential legal ramifications for cell structures in Bermuda and beyond.

16.18 - 22.00: EY's Andrew Christie explains the different types of collateral captives typically use, shares insight into how captives and fronting companies usually work together on collateral and what impact, if any, the Vesttoo fallout might have on fronting and collateral arrangements for captives.

22.00 - End: Sandy Bigglestone, Vermont’s deputy commissioner for captive insurance, explains why she took the step of writing to local captive managers requesting they report if they have any exposure to the Vesttoo case.

Further reading: Richard recommends the Artemis.bm coverage of the ongoing Vesttoo story and to keep up to date with each development.

For the latest news, analysis and thought leadership on the global captive market, subscribe to the twice-weekly Captive Intelligence newsletter.

In this GCP Short, produced in partnership with the State of Vermont, Richard has another really interesting, and high profile, captive case study, as listeners hear from the John Deere captive team.

The manufacturing and agricultural equipment giant has owned a captive in Vermont since 2004.

Aileen Krehbiel, manager of captive insurance programs at John Deere, and Sammi Jones, senior financial analyst at the company, discuss the captive’s profile today, and how its grown and evolved over near 20 years.

We also hear from Heidi Rabtoy, chief examiner at the Vermont Department of Financial Regulation, to provide some perspective on how they regulate older, larger captives and the unique considerations concerning extended warranty business.

For more information on the State of Vermont's captive sector and regulation, visit their Friend of the Podcast page.

For the latest breaking news, analysis and thought leadership from the global captive market, visit Captive Intelligence and sign up to our twice weekly newsletter here.

In episode 91 of the Global Captive Podcast, supported by the EY Global Captive Network, Richard shares five short interviews he recorded at the VCIA annual conference in Burlington, Vermont earlier this month.

01.05 - 04.17: New Spring Consulting hire T.J. Scherer discussed his role as vice president with a focus on propery & casualty and his captive background.

04.36 - 08.20: Kelly Mahncke, CFO of USA Hockey, details how the sports organisation utilised its Vermont captive, Hockey and Rink Protection, Inc.

09.16 - 16.09: Dale Sagen, recently appointed as Vice President and Business Development Leader for Cell Captive and Accident & Health at QBE North America, discusses the insurer's formation of Champlain Insurance PCC in Vermont and how it will support its medical stop loss services.

16.38 - 22.21: Dan Duncan, captive specialist at Agile Premium Finance, a business that is working with captives on providing premium financing.

22.55 - 29.53: Bill Hodson, of Gulfstream Risk Advisors, and Rick Wiseley, co-founder of insurtech Stere, explain embedded insurance and why they see an opportunity for collaboration with captive insurers and risk retention groups (RRGs).

For the latest news, analysis and though leadership from the global captive market, sign up to the twice-weekly Captive Intelligence newsletter.

In episode 90 of the Global Captive Podcast, supported by the EY Global Captive Network, we bring you the first set of interviews recorded at the Vermont Captive Insurance Association (VCIA) annual conference.

Richard is joined by Jim DeVoe-Talluto, Assistant Director of Captive Insurance at the Department of Financial Regulation.

We also catch up with Dan Youngs, CFO of Lancaster County Solid Waste Management Authority (LCSWMA), which formed a Vermont captive in 2021. Dan updates us on the organisation’s captive journey and how having a captive has re-focused efforts around risk management.

For more information on the State of Vermont, visit its Friend of the Podcast page on Captive Intelligence.

For the latest news, analysis and though leadership from the global captive market, sign up to the twice-weekly Captive Intelligence newsletter.

In this GCP Short, produced in partnership with HDI Global, Richard is joined by Marco Hensel, Senior Vice President and Underwriting Lead

Marco and Jason, who first appeared on the pod earlier this year when interviewed at RISKWORLD, give listeners a breakdown on how international programmes work, the respective roles for a captive and fronting partner, and the key elements to get right.

For more information on HDI Global, visit their Friend of the Podcast page on Captive Intelligence.

For the latest news, analysis and though leadership from the global captive market, sign up to the twice-weekly Captive Intelligence newsletter.

This GCP Short, produced in partnership with Captive Resources, is all about medical risk management and the benefit to group captive members. Richard is joined by:

Joan Enoch, Human Resources Manager at Lift-All Company, Inc, a member of the Well Health group captive

Mike Van Ham​​​​, Senior Vice President for Health & Wellbeing at Captive Resources.

And Joe Parrilli, Senior Vice President for Medical Stop Loss at Captive Resources.

Joan shares her first-hand experience of being a group captive member and some of the benefits her and her company get from specific medical risk management initiatives.

For more information on Captive Resources, visit their Friend of the Podcast page here.

For all the latest news, analysis and thought leadership from the global captive market, sign up to the Captive Intelligence twice-weekly newsletter.

This GCP Short, produced in partnership with TMF Group, is all about the tax considerations for non-US captives writing insurance in the United States.

Richard is joined by US-based tax attorney Asher Harris and Joseph Finbow, IPT Assurance Director at TMF.

 Asher and Jo discuss the relevant IPT, federal excise and other taxes

For more information on TMF Group and their captive services,

In episode 89 of the Global Captive Podcast, supported by the EY Global Captive Network, Richard is joined by Oliver Wild, President of Amrae, who explains why the French risk management association has lobbied hard for a captive regime and his reaction to the legislation now in place.

Developments in France is one of the stories we have covered most extensively since launching Captive Intelligence in December 2022, and Wild, who is also Group Chief Risk and Insurance Officer at Veolia Environnement, provides insight on how big the French captive market could be.

We also have an interview with Gerry Willinger, Co-founder and Chief Risk Officer of OneNexus, a captive owner in Oklahoma, that is providing risk transfer solutions for Asset Retirement Obligations ("AROs") concerning the decommissioning of wells in the oil and gas sector.

2.24 - 17.55: Amrae's Oliver Wild on the motivations for lobbying for a French captive regime, reaction to the results and the Association's plan to start a Captive Federation.

18.53 - 32.27: Gerry Willinger, of OneNexus, explains the business plan behind their cell captive in Oklahoma.

32.30 - end: Amrae's Oliver Wild on whether there could re-domestications of overseas captives back to France and the potential numbers of new captive formations.

For all the relevant news and analysis on developments in the captive insurance sector, visit Captive Intelligence and sign up to our twice-weekly newsletter here.

In episode 88 of the Global Captive Podcast, supported by the EY Global Captive Network, Richard brings listeners three more interviews conducted at RISKWORLD 2023, in Atlanta in May.

1.40 - 10.50: Bermuda-based Brian McNamara, Regional Head of Multinational, North America and Global Head of Captive Solutions at Allianz Global Corporate & Specialty, discusses AGCS' continued expansion into the captive sector and the trends he and his team are experiencing.

11.30 - 23.55: Franck Baron, President of the International Federation of Risk and Insurance Management Associations (IFRIMA) and Group Deputy Director of Risk Management & Insurance at International SOS, gives his reaction to the new captive regime in France, shares details of a new Asian

24.37 - 34.58: Pierrick Livet, Senior Manager in Advisory at KPMG Bermuda, discusses a range of trends he is seeing in the most mature captive market in the world.

Ensure you are kept up to date with the most relevant news, analysis and thought leadership from the global captive sector by signing up to the Captive Intelligence twice-weekly newsletter.