Profiles in Risk – E88: The Captive Insurance Market With Van Carlson, CEO of Strategic Risk Alternatives

I’ve been enamored with captive insurance for most of my insurance career. The ability of insureds to get tax benefits for self-insuring exposure solves a lot of problems when they are unable to 1. acquire insurance for their exposure (dangerous product or industry) or 2. are unable to acquire insurance at a reasonable premium (hard market or misunderstood exposure). In this episode, I discuss all things captive with Van Carlson of Strategic Risk Alternatives.

https://insnerds.com/profiles-in-risk-e88-the-captive-insurance-market-with-van-carlson-ceo-of-strategic-risk-alternatives/

The top three business risks for 2018: Cyber, supply chain and regulatory compliance

The recently released Allianz Risk Barometer ranked the top business risks for 2018, based on the views of more than 1,900 risk management experts globally. Here, we look at the top three identified business risk for Australia and discuss how they can be effectively managed.

https://www.lexology.com/library/detail.aspx?g=46fecdd5-f513-490a-b722-be5250ebafec

Corporate boards address cyber attacks

NEW YORK — How to deal with a potential cyber attack is top of mind for most company directors, but preparing them for this crisis is particularly difficult, says an expert.

http://www.businessinsurance.com/article/20180201/NEWS06/912318899/Corporate-boards-address-cyber-attacks

Insurer not liable for hole-in-one prize

A hole-in-one from 137 yards is not covered when the insurance policy says it must be from at least 170 yards, says a federal appeals court, in denying a nonprofit coverage for two prizes it was obligated to pay in a golf charity event.http://www.businessinsurance.com/article/20171221/NEWS06/912318096/Nonprofit-denied-coverage-for-prizes-in-golf-hole-in-one-event

 

Insurer prevails in grain bin explosion coverage dispute

RSUI Indemnity Co. is not obligated to provide $3 million in property damage caused by a grain bin explosion under an exclusion in its policy, said a federal appeals court in upholding a lower court ruling.http://www.businessinsurance.com/article/20171219/NEWS06/912318030/Insurer-prevails-in-grain-bin-explosion-coverage-dispute?utm_campaign=BI20171219BreakingNewsAlert&utm_medium=email&utm_source=ActiveCampaign

 

As health premiums rise, small businesses seek alternatives

NEW YORK — As small business owners learn what their 2018 health insurance costs will be, some are considering providing different types of coverage for their employees.https://www.usatoday.com/story/money/small-business/2017/12/09/health-premiums-rise-small-businesses-seek-alternatives/931122001/

 

Why You Must Take A Strategic Approach To Risk Management

How many times must we learn the same lesson before we do something different? The world is a scary scary place to do business.https://www.forbes.com/sites/georgebradt/2017/11/08/why-you-must-take-a-strategic-approach-to-risk-management/#6f74d6535791

Survey: Self-funded health plans grow in popularity

As organizations begin to assess options for group health coverage in 2018, new data out this week could help provide some perspective. http://businessrecord.com/Content/Default/All-Latest-News/Article/Survey-Self-funded-health-plans-grow-in-popularity/-3/248/80119

 

Superstorm Sandy offers lessons five years on

Superstorm Sandy marks its fifth anniversary this month, and risk managers warn that businesses must be prepared for the next big storm.http://www.businessinsurance.com/article/20171031/NEWS06/912316897/Superstorm-Sandy-offers-lessons-five-years-on

 

 

Captives move from alternative to mainstream

Once just a dot on the insurance market landscape, captive insurers have become a mainstream risk management tool over the past 50 years.http://www.businessinsurance.com/article/00010101/NEWS06/912316855/Captives-move-from-alternative-to-mainstream