Please see page 17 of the Captive Insurance Times “Debate” for Gary’s thoughts on whether there is a trend to more captive formations occurring onshore. http://www.captiveinsurancetimes.com/citimes/CITimes_issue_22.pdf
After a bit of a hiatus, we’re pleased to be bringing back the USA Risk blog!
Over the next several weeks, we will be posting on a variety of current issues affecting the captive industry including PPACA, regulatory matters, insurance markets and the economy.
These topics, and many others, will be discussed during USA Risk Group’s 8th annual Executive Educational Forum May 21st-23rd in Charlotte, North Carolina. In addition to great educational content, attendees will have an opportunity to speak directly to some of the industry’s top experts in a casual and unintimidating atmosphere. There is still time to register so if you are interested, please follow the link for all the details on the content and registration.
A couple of our executives have and will be spouting off about various topics surrounding the captive and alterative risk transfer marketplaces. Dennis Silvia, President of Cedar Consulting, a USA Risk Group Company, has been featured in a recent article of Rough Notes discussing his viewpoint on the marketplace in the coming months of 2011. The article can be found online at www.roughnotes.com, under the current issue page 66. Gary Osborne, President of USA Risk Group, will be speaking on various topics at the following future events:
Today marks the 15th anniversary for a few key USA Risk Group individuals. It seems hard to believe it was fifteen years ago that these people came to work for USA Risk Group and what a strange trip it has been. Is that a song?
- Gary Osborne, Group President
- Andy Sargeant, Captive Operations President and Chief Operating Officer
- Val Smith, Assistant Vice President in charge of our Regulatory Services section
These three individuals have played crucial roles in the development of our company and deserve most of the credit for putting the company head and shoulders above many of our competitors, as evidenced by our ranking of 4th largest captive manager in the world. Everyone here at USA Risk Group thanks them for their efforts and appreciates their continued leadership.
After a nice kick start created by the Vermont Captive Insurance Association Conference held in mid-August, we are ready to get out in force with attendance at the fall conferences. USA Risk Group saw some of the best activity at our booth in years. The production team met after the conference and listed nearly a dozen legitimate leads. Several of those leads have already committed to forming captives in the month since the conference. We think this may be just the start of increased activity in the captive arena. With the uncertainties of the economy and the healthcare legislation, people are looking for some stability. We believe companies are turning to captive arrangements for that stability. Not to mention some tax and estate planning at the same time.
We look forward to seeing you at a future conference:
|Carolina RIMS||September 16th|
|National Risk Retention Association||October 5th – 7th|
|ALARYS Conference||October 10th – 13th|
|ASHRM||October 13th – 16th|
|CIC-DC Annual Conference||October 18th – 19th|
|Kentucky Captive Conference||November 3rd – 4th|
|World Captive Forum||November 8th – 10th|
|Cayman Captive Conference||November 30th – December 2nd|