- JLTIM’s Towle talks about small companies using agency captives
- Seeing companies taking a risk layer approach for cat property coverage
JLT Insurance Management (USA) LLC Captive Practice Leader Anne Marie Towle talked with A.M Best TV at the recent Captive Insurance Companies Association (CICA) Annual Conference in Arizona.
“We’ve seen consistent growth in captives across the board the last 8 to 12 months,” she told A.M. Best’s Meg Green, “We have also seen renewed interest in agency captives and risk retention groups by smaller companies.”
Towle noted that captives are beginning to treat property coverage differently due to environmental and severe weather concerns with layered risk financing for wind, quake and flood, among other risk financing structures. You can see her interview at by clicking video below.
CEO Guy Ragosta, Director Megan Ogden and Account Executive Jocelyn Lyman also attended the conference, which attracted captive professionals from around the world.
Anne Marie Towle
Tel: +1 317 922 4390
Tel: +1 802 391 3081
NOTES TO EDITORS:
About JLT Insurance Management (USA) LLC
JLTIM USA is an independent, full-service captive insurance management and captive consulting company with a multi-domicile reach. JLTIM USA is a part of Jardine Lloyd Thompson Group.
About Jardine Lloyd Thompson
Jardine Lloyd Thompson is one of the world’s leading providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services. JLT’s client proposition is built upon its deep specialist knowledge, client advocacy, tailored advice and service excellence.
JLT is quoted on the London Stock Exchange and owns offices in 40 territories with more than 10,600 employees. Supported by the JLT International Network, it offers risk management and employee benefit solutions in 135 countries.
For further information about JLT, please visit our website www.jlt.com.
Disclaimer: This press release by JLT Insurance Management (USA) LLC is intended to provide only general information based on sources we believe are reliable. JLT Insurance Management (USA) LLC makes no representations or warranties, express or implied, as to the accuracy of any of the information herein, which is not intended to be taken as advice with respect to any individual situation and cannot be relied upon as such.
Any statements concerning tax, accounting, legal or regulatory matters should be understood to be general observations based solely on our experience as captive insurance management and captive consultants. We are not tax, accounting, legal or regulatory professionals and any such information provided is not professional advice. These matters should be reviewed with your own qualified advisors in these areas.