Opportunities abound for mid-sized agents and brokers to profit from the captive trend ARTful Measures By Michael J. Moody, MBA, ARM Several years ago you could set your clock by where the underwriting cycle was in the commercial property and casualty insurance market. Seven years on the dot. Rates would, for the most part, follow this predetermined timetable. If it was year three into the cycle, you knew you had
Alternative Risk Transfer
Bermuda Captive Conference keynote discusses seven tools to help reduce healthcare costs The cost of healthcare in the United States is twice that of any other developed country. Despite this fact, the U.S. still doesn’t provide the best care. This results in a situation where we are not receiving the best healthcare for the least amount of money. In fact, we have one of the most costly healthcare systems of
From the Fifties to the future The phenomenon known as the “alternative market” began nearly six decades ago. Originally, the market included just a handful of Fortune 500 corporations looking for a viable risk-financing approach. They wanted to better align their organizations’ losses with what they were paying for commercial insurance. At about the same time, insurance innovator Fred Reiss, a former property insurance engineer who became an insurance broker
