OLDWICK, N.J.--(BUSINESS WIRE)--In this A.M.BestTV episode, attendees at the Cayman Captive Forum 2017, held in Georgetown, Grand Cayman, said the range of risks covered by captives continues to expand, as does regulation that allows for new approaches to coverage. Click on http://www.ambest.com/v.asp?v=imac1117 to view the entire program.
“Captives have become mainstream and are here to stay,” said Dan Towle, president, Captive Insurance Companies Association.
At this year’s annual event are 1,400 attendees, many of whom are captive owners.
“Captives are changing and adapting to the marketplace,” said Erin Brosnihan, vice-chair and forum committee chair, Insurance Managers Association of Cayman. “There is a need for continued innovation, and companies are using their captives for more opportunities than the traditional workers’ compensation. Captives are really expanding.”
For full video coverage of the Cayman Captive Forum, including exclusive executive interviews, visit www.ambest.tv/imac17.
Other people that appear in this episode:
- Samuel Banks, corporate attorney, Appleby (Cayman) Ltd.
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