Skip to main content

Sessions Information

  • August 10, 2022
    8:45am - 9:45am
    Session Type: Session
    Session Capacity: N/A


    Innovation, in both the traditional and captive markets, has proved to be a critical differentiator in company performance in recent years. This has been driven for several years by the hardening market and was exacerbated further by the impact of the global pandemic on business since the spring of 2020. Insurers including group and single parent captives have responded with creative solutions to process, policy language/coverage, and procedure aided by the many tools available from the on-going Insurtech wave.  
     

    Panelists will look at the commercial lines of coverage written by captives (including commercial property, medical professional liability, workers compensation and commercial auto) which are well suited for rapid innovation in operational, claims, underwriting, and loss control applications. The panel will highlight success stories from a captive owner’s point of view and across the broader insurance market. Lastly, we will review the merits of the InsurTech and how judicious application of it can contribute to overall success.    

     
    Level: Intermediate 
    Prerequisite: Foundational knowledge of captives and traditional coverages. 
    Field of Study: Specialized Knowledge 
     

    Moderator: Michael Serricchio, Marsh Captive Solutions 

    Coordinator: John Andre, AM Best 
    Content Advisor: Dawne Davenport, Marsh
     
    ICCIE WEBCAST 

    1 CPE/CRE/VT CLE credit

    ICCIE CREDIT



     
     
    ...

Session Speakers


Cindy Holmes is a seasoned finance professional with over 30 years of experience in multiple aspects of corporate finance. She's been a capital management analyst, treasury analyst, assistant treasurer, investor relations director, pension investments senior director and VP of pension investments and insurance & claims.


Organization: Gallagher Re


Andrew is Gallagher Re's Global Head of InsurTech. Andrew sits on Gallagher Re's central management team based primarily out of Nashville, New York and London. He leads the research and engagement with emerging markets; specifically focusing on: global InsurTech development, disruptive technologies, the sharing economy and cyber. Andrew also authors Gallagher Re's InsurTech Quarterly Report. He holds a PhD from the School of Oriental and African Studies, University of London.


Organization: Marsh USA, Inc.


Michael Serricchio is a managing director in the Marsh Captive Solutions Group. He is also the Americas Sales Leader for the US, Canada and LatAM. Mike assists clients in the U.S. and globally with the feasibility and organization of single parent captives, as well as risk retention groups and Rent-A-Captives. He participates in captive strategic reviews for clients that already have captives. Mike is frequently involved with reviewing merger and acquisition transactions where there are one or more captive subsidiaries and advises on various issues. He handles a wide range of consulting services surrounding various captive issues and concerns, such as capitalization levels, new coverages, tax concepts, captive investment opportunities, and cost savings. Mike’s industry focus areas include privately held companies, financial institutions, life sciences, higher education, retail, manufacturing, and power and utilities. He speaks at various industry seminars and conferences, as well as conducts training classes within the Marsh Captive Solutions Group. He holds a JD from Western New England College School of Law and received his BA from the University of Connecticut (Storrs).


Organization: AM Best


Daniel Teclaw is an associate director in AM Best’s property/casualty ratings division, managing a team of analysts that cover U.S.- and Caribbean-domiciled captive insurance companies, along with various other commercial specialty and excess and surplus lines carriers. Prior to joining AM Best in 2013, Dan was a director of Financial Service Ratings at Standard & Poor’s for seven years, covering regional banks and the mortgage sector, including government-sponsored enterprises. Prior to that, he was a corporate credit and risk manager with Wachovia’s Corporate and Investment Bank for 12 years, managing transactions and relationships in the financial institutions, non-bank financial institutions and securitization segments. Dan served seven years in the U.S. Navy as a Naval Flight Officer, weapons systems operator and flight instructor for carrier-based, radar-jamming EA-6B Prowlers before attending graduate school. He holds a Bachelor of Science degree in economics from the United States Naval Academy and a Master of Business Administration in finance from Penn State University.


© Copyright 2006-2021 by Vermont Captive Insurance Association