Global Captive Podcast

Short: Alvarez & Marsal launch captive tax practice 07.06.2026 25min

In this GCP Short, produced in partnership with Alvarez &Marsal, we spotlight new arrivals Paul Phillips and Mikhail Raybsteyn as they build out a global insurance and captive tax practice at the firm.The duo, formerly of EY, arrived at A&M at the start of April with Paul and Mike both appointed managing directors based in Dallas and New York respectively.In a 20-minute discussion, they outline why they have madethe move to start a new global captive and insurance tax practice, their priorities for building a broader captive offering at A&M and observations on recent market events such as another 831(b) ruling against the IRS and Maryland’s announcement to conduct a captive market study.For the latest news, data-driven analysis and thought leadership on the global captive market, visit Captive Intelligence and sign up to our twice-weekly newsletter.

CO Spotlight: Hyatt Hotels, CICA Captive of the Year 02.06.2026 26min

In this Captive Owner Spotlight episode, produced in partnership with Spring Consulting, an Alera Group Company, we feature the CICA 2026 Outstanding Captive Award winner - Xenia Assurance Company, Inc, owned by Hyatt Hotels Corporation.Richard sat down with Jennifer Pack, Vice President of Global Risk Management at Hyatt, and Friend of the Podcast PrabalLakhanpal, of Spring, at the CICA International Conference in March to hear all about the Hyatt captive evolution since its inception in Arizona in 2013.In this discussion, Jennifer explains how the captive has expanded over the past 13 years, has supported the group across a range of areas, particularly on employee benefits, and what new activities it is considering in the future.For the latest news, data-driven analysis and thought leadership on the global captive market, visit Captive Intelligence and sign up to our twice-weekly newsletter.

Short: Developing new talent & long term relationships 26.05.2026 23min

In this GCP Short, produced in partnership with HDI Global, and discussing the importance of developing long term relationships and attracting, retaining and developing new talent in the captive market.Joining Richard for a conversation recorded at the CICA International Conference in March is Jason Tyng, Vice President of the US Captive Solutions Group at HDI, and Brooke Arundel, Captive Underwriter at the insurer.Jason and Brooke discuss HDI’s development in the United States over the past three years, how they have developed long term relationships with fronting clients and the benefits that brings, and how Brooke has gone from intern to full-time team member, fully committed to the captive market.For the lates news, data-driven analysis and thought leadership on the global captive market, visit Captive Intelligence and sign up to our twice-weekly newsletter.

Short: VCIA 2026 preview 18.05.2026 13min

In this GCP Short, produced in partnership with the Vermont Captive Insurance Association, we preview the VCIA annual conference that this year takes place in Burlington from August 11th to 13th.Joining Richard to discuss what delegates can expect from a revamped conference are Ian Davis, president of the VCIA, and Aon’s Elizabeth Steinmann, who is conference chair for 2026.The VCIA early bird rates end June 30th and it was announced just last week that former Disney innovator Duncan Wardle will keynote on the Thursday.Link to the general conference info page and VCIA agenda.

Short: Life Time - Building a diversified captive 03.05.2026 24min

In this GCP Short, produced in partnership with Spring Consulting, an Alera Group Company, we bring you an in-depth captive case study on Life Time, Inc.Life Time is a publicly listed chain of health clubs, which has owned a captive in Vermont since 2017.In this episode Joshua Reding, Vice President of Risk Management, explains the captive’s original rationale for formation, how it evolves to serve a growing company and the more recent addition of medical stop loss.Josh is also joined by TJ Scherer, Vice President at Spring, and Peter Johnson, Chief P&C Actuary at Spring, to discuss some of the important steps required in bringing internal stakeholders along, as well as the diversification benefits of a multi-line captive and the addition of medical stop loss.For the latest news, data-driven analysis and thought leadership on the global captive market, visit Captive Intelligence and sign up to our twice-weekly newsletter.

Short: Vermont's new captive leaders 26.04.2026 24min

In this GCP Short, produced in partnership with the State ofVermont, Richard features the State's new generation of captive leaders.In August 2025, it was announced that Ian Davis was taking over as the president of the Vermont Captive Insurance Association (VCIA), and in January this year it was confirmed Christine Brown was succeeding Sandy Bigglestone full time as the deputy commissioner of captive insurance at Vermont’s Department of Financial Regulation.In a 24-minute discussion, Ian and Christine discuss their plans and priorities in their respective roles, the importance and valueof succession planning, and latest growth and developments in the Vermont captive domicile.

#133: CICA and Association Leaders Debate 19.04.2026 29min

In episode 133 of the Global Captive Podcast, supported by theEY Global Captive Network, Richard brings listeners two conversations recorded at the CICA International Conference that took place from 8 – 10 March in Desert Spring, California.Dan Towle, President of CICA, was speaking on the eve of the conference and shares what is in store for delegates and some of the key priorities for the Association.We then hear from three more senior leaders, who join Richard and Dan, to share broader perspectives from around the world on the areas of common challenge and opportunities across regions and where we could see more collaboration between associations.The three additional guests are Udo Kappes, Chairman of the European Captive Insurance and Reinsurance Association (ECIROA), Franck Baron, Chairman of the Pan Asian Risk and Insurance Management Association (PARIMA) and President of the International Federation of Risk and Insurance Management Associations (IFRIMA), and Julia Graham, who at the time ofrecording was the outgoing CEO of Airmic, the UK’s risk and insurance management association and formally left her role at the end of March.For the latest news, data-driven analysis and thought leadership on the global captive market, visit ⁠⁠Captive Intelligence⁠⁠ and sign up to our ⁠⁠twice-weekly newsletter⁠⁠.

Captive Leaders: Brady Young 13.04.2026 35min

In this episode of the Global Captive Podcast, supported by the EY Global Captive Network, Brady Young, Founder & CEO of Strategic Risk Solutions, is the latest guest in our series of exclusive Captive Leaders interviews.In a 35-minute discussion, Brady reflects on almost 25 years of running the largest independent insurance manager in the world, explains the origins of SRS from its early days as part of FM Global and Credit Suisse and its growth, particularly in recent years with expansion into Europe, the launch of MGU SRS Altitude and acquisitions of businesses such as group captive experts Garnet.He also explains the impact of the private equity investment received by SRS in 2023, advice for new independent start-ups in the captive market and plans for the future.

Short: Defining and financing emerging risks 05.04.2026 26min

In this GCP Short, produced in partnership with Marsh Captive Solutions, we focus on identifying emerging risks at group level and the captive’s role in providing relevant risk financing solutions.Joining Richard for a 25-minute discussion to address risk appetite, implementing a risk finance philosophy and benefitting from true diversification are Reid Sawyer, a strategic adviser for Marsh clients and Head of the Emerging Risks Group, Julie Patel, Americas Captive Consulting Leader, and Rob Geraghty, Managing Director, International Sales and Consulting Leader at Marsh Captive Solutions.For the latest news, data-driven analysis and thought leadership on the global captive market, visit ⁠Captive Intelligence⁠ and sign up to our ⁠twice-weekly newsletter⁠.

GCP Short: Alberta’s Captive Evolution 29.03.2026 36min

This GCP Short, produced in partnership with Zurich Insurance, focuses on the captive revolution currently taking place in Alberta, Canada.The Energy Province implemented its captive regime in July 2022 and, at the time of recording, has 37 active captives.In a 30-miute discussion, we hear from:Zurich’s Al‑Nawaz Rajan, an actuary with more than two decades of dedicated experience in the captive insurance sector. Today, Al is the Zurich's Western Canada Lead for Captive Fronting Solutions.Hector Plascencia, Senior Vice-President and National Practice Leader for the Risk Advisory Practice at BFL Canada. Hector leads a multidisciplinary practice supporting organisations across Canada on strategic risk management and alternative risk financing.Rick Da Costa is Partner and National Leader at BLB. He is an insurance and reinsurance lawyer, who provides practical legal and business solutions to clients on insurance, reinsurance and captive insurance related issues. He has been an active supporter of the Alberta captive legislation and helped encourage the change in regulation to allow for captives in the domicile to insure third party risks. He was also the first to successfully re-domesticate a captive to the Province.The guests cover why Alberta has proven to be an appealing, new option for Canadian businesses, the types of companies embracing captives, the opportunity for further growth and some of the challenges that lie ahead for the jurisdiction.For the latest news, data-driven analysis and thought leadership on the global captive market, visit Captive Intelligence and sign up to our twice-weekly newsletter.

Captive Leaders: Ciarán Healy 23.03.2026 34min

In this episode of the Global Captive Podcast, supported by the EY Global Captive Network, Richard brings the second instalment in our Captive Leaders Series.In a candid, 30-minute discussion with Ciarán Healy, Global Captives Leader within Aon’s Commercial Risk Solutions, they address his vision and priorities for the Aon captive business, the growing opportunity for third party capital to enter captives and the age-old ‘independent’ versus broker-owned management debate.Check out the first Captive Leaders episode with Yves Betz, Head of Multinational Solutions at AXA XL, here.For all the latest news, exclusive data-driven analysis and thought leadership visit ⁠Captive Intelligence⁠ and sign up to our ⁠twice-weekly newsletter⁠.

Captive Leaders: Yves Betz 08.03.2026 28min

This is the first episode of our new Captive Leaders Series, supported by the EY Global Captive Network and hosted by Richard Cutcher.In a 25-minute discussion Yves Betz, Head of Multinational Solutions at AXA XL, addresses a range of topics, including the evolving attitude of the commercial market towards captives, the increasing capital and capacity attracted to captive reinsurance and ART solutions, and the growing role of China in the captive marketplace.One Captive Leader interview will be released each month, with Aon's Global Captive Leader Ciarán Healy up next.For all the latest news, exclusive data-driven analysis and thought leadership visit Captive Intelligence and sign up to our twice-weekly newsletter.

Short: Employee benefits & MSL 01.03.2026 22min

In this GCP Short, produced in partnership with MARSH, we explore the growth areas of international employee benefits and medical stop loss in captives.Joining me for a 24 minute discussion, and bringing together the diverse expertise at Marsh, are:Donna Weber is Pooling & Cell Facilities Leader, Captive Solutions at MarshSteven McNair is Senior International Consultant at MercerGary Bischel, Managing Director of the Healthcare and Life Specialty Practice at Guy CarpenterChris Carlson, Senior Principal of Actuarial Consulting in the Health Practice at Oliver WymanDonna, Steven, Gary and Chris discuss why we are seeing such strong uptake in both international employee benefits and medical stop loss as captive strategies, the steps required to put these programmes in place and the role of cell structures.For the latest news, data-driven analysis and thought leadership on the global captive market, visit Captive Intelligence and sign up to our twice-weekly newsletter.

Short: Keeping on top of IPT updates 23.02.2026 15min

In this GCP Short, produced in partnership with IPT specialists TMF Group, Richard is joined by Christophe Bourdaire.As captives write business around the world, particularly when on a direct basis, they have to be mindful of complex and often changing local taxes and levies in each territory that they are active.Thankfully, there are specialists on hand that make it their business to know how to navigate and comply with these niche and sometimes confusing compliance tests.In a 15-minute conversation, TMF's Christophe updates listeners on some of the recent changes, additions and removals of local taxes and levies that are relevant to international insurance programmes and captives.For the latest news, data-driven analysis and thought leadership on the global captive market, visit Captive Intelligence and sign up to our twice-weekly newsletter.

Short: How tokenisation could transform insurance capital 26.01.2026 27min

In this GCP Short, produced in partnership with Jeometri Insurance Managers in Guernsey, we focus on tokenisation in insurance and its potential application by captives and other vehicles.The tokenisation of insurance assets is a hot topic withinthe insurance and capital markets and what it could mean for how insurers raise capital, manage risk and operate.Richard is joined in conversation by Darren Wadley, managingdirector of Jeometri, with 27 year’s experience in offshore financial services. Darren was involved in one of the landmark tokenisation projects, the first tokenisation of capital within Guernsey’s regulatory framework, through his role as a fiduciary director working with Ctrl Alt.You also hear from Aaron Slattery, client services director at Jeometri. Aaron is a chartered loss adjuster with over a decade’s experience working in insurance, including claims and captive management. He currently serves as a director on numerous insurance companies.So we have tokenisation expertise and the insurance expertisein one conversation, which should give you listeners a good understanding on how these two areas fit together and whether tokenisation may be of interest to your insurance structures.For the latest news, data-driven analysis and thought leadership on the global captive market, visit Captive Intelligence and sign up to our twice-weekly newsletter.

CO Spotlight: Financing Account Receivables risk with Acer's Christian Greisberger 18.01.2026 39min

Welcome to the first in our new series of Captive Owner Spotlights for 2026, supported by the EY Global Captive Network.Over the next 12 months we will produce dedicated episodes that feature in-depth conversations with risk and insurance professionals that have a story or experience to share, concerning their own companies’ utilisation of a captive.In this episode, we hear from Chris Greisberger, Head of Global Risk Management at Taiwanese computer hardware giant Acer.Chris has implemented a custom Account Receivables risk insurance programme that heavily involves the captive, is supported by the commercial market and is powered by the company's own internal risk assessment of customers.In a 35-minute discussion, Chris explains how this was achieved, the underlying logic behind the programme and why he believes more companies need to be exploring a similar solution.We are also joined by Malcolm Cutts-Watson, one of the independent non-executive directors for Acer's Guernsey captive, and he provides his own iNED view on the programme and how it is run.Chris is open to hearing from fellow captive owners who may want to explore or learn more about Account Receivables risk. If you would like to get in touch with him, please contact Richard by email or LinkedIn.If you are a Captive Owner and have an innovative or unique case study to share, then do not hesitate to get in touch if you are interested in featuring in our Captive Owner Series.For the latest news, data-driven analysis and thought leadership on the global captive market, do visit Captive Intelligence and sign up to our twice-weekly newsletter.Do also make sure you are subscribed to the Global Captive Podcast, wherever you get your podcasts from.

GCP Short: Evolving cyber market and the role for captives 12.01.2026 21min

In this GCP Short, produced in partnership with Zurich Insurance, we take a look at the state of the commercial cyber market and the current trends in how corporates are using their captive.Joining Richard for a 20-minute conversation are Esme Gould, Head of Captives & ART, and Nick Pritchard, Senior Cyber Liability Underwriter, both at Zurich Insurance Company UK.In our conversation, Nick explains how cyber insurance is evolving, the response of the market and buyers to recent high-profile loss events, and why a captive’s involvement is often viewed favourably by the carrier.Esme explains the different ways captives take part in cyber programmes and the activity she has seen from customers.

GCP Short: Employee benefits trends in the Gulf region 07.01.2026 26min

In this GCP Short, produced in partnership with MAXIS Global Benefits Network, we take a closer look at captive employee benefits developments in the Middle East and Gulf region.Richard is joined for a 25-minute discussion by AlexandreRizk, Director of Global Relationship Management at MAXIS, and Araxi Melkonian and Alexandra Abou Faysal, both Associate Directors of Multinational Client Relationships at MetLife Gulf.Alex, Alexandra and Araxi discuss general captive trends in the region, how the local healthcare markets in the Gulf are influencing appetite for utilising a captive for employee benefits and the nuances on health insurance and EB in the Gulf states.For the latest news, data-driven analysis and thought leadership on the global captive market, visit Captive Intelligence and sign up to our twice-weekly newsletter.

GCP #128: Cayman Captive Forum 2025 05.01.2026 33min

Episode 128 of the Global Captive Podcast, supported by the EY Global Captive Network, was recorded at the 2025 Cayman Captive Forum by our senior reporter Luke Harrison.Produced in partnership with IMAC, Luke spoke to a cross section of the Cayman captive market, as well as captive owners and international consultants.01:32 - 05:50: Jenny Pooley, Managing Director and Chief Executive at SRS Cayman, discusses the jurisdiction’s segregated portfolio companies (SPCs) and portfolio insurance companies (PICs).05:55 - 14:03: Nick Hentges, CEO and Principal at CaptiveResources, shares insight on trends and growth in group captives.14:16 - 19:55: Julie Patel, Americas Captive Consulting Leader at Marsh Captive Solutions, provides a general overview of why Cayman remains a leading domicile option.19:58 - 26:46: Julie Robertson, partner at Honigman and head of the firm’s captive insurance practice, and Cathy Treen, Chief Risk Officer at Indiana University Health, a captive owner in Cayman, explain why the jurisdiction is so appealing to healthcare organisations.26:51 - 33:18: Yohann Regnard, Managing Director at Artex Cayman, discusses insurance-linked securities trends in the Cayman Islands.For the latest news, data-driven analysis and thought leadership on the global captive market, visit Captive Intelligence and sign up to our twice weekly newsletter.

GCP Short: Investment options for a UK captive domicile 17.12.2025 25min

In this GCP Short, produced in partnership with W1M, Richard is first joined by Chris Dalziel, Head of Insurance Solutions at the firm.Chris shares his views on how the UK could potentially stand out as a domicile option in how it permits capital to be used and allowable investments, and also brings us up to speed on the newly rebranded W1M and its work with captives.In the second half of the episode, Executive Director Shadrack Kwasa provides the latest quarterly investments update in conversation with Oliver Murray, Senior Portfolio Manager within the Institutional Team at W1M.For the latest news, data-driven analysis and thought leadership on the global captive market, visit Captive Intelligence and sign up to the twice-weekly newsletter.