Despite the soft market, some attendees said they believe there are plenty of opportunities for captives.
“I think some of the newer opportunities that are coming are the more esoteric,” said
“It is really hard to see, whilst the market remains soft, where those new opportunities will be,” said Weller. He thinks it could, “inevitably occur when some kind of catastrophe happens in the property market, natural or not.”
Other people that appear in this episode:
Paul Owens, chief executive officer, global captive practice, Willis Towers Watson;
Fredrik Finnman, global risk insurance management, Assa Abloy;
Steve Bauman, head of captive services, Zurich Global Corporate, North America;
Kathleen Waslov, senior vice president, Willis Towers Watson;
David Provost, deputy commissioner, Vermont Captive InsuranceDivision; and
Paul Shimomoto, marketing chair, Hawaii Captive Insurance Council.
For full coverage of the conference, including exclusive executive interviews, visit www.ambest.tv/cica17.
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