In this episode of 📣Hear It From the Pen✍️ (part of The Yellow Book Road Podcast), attorney and fifth-generation attorney Hale Stewart discusses captives and alternative risk transfer. Stewart shares his extensive experience designing, managing, and defending captive insurance companies, highlighting the importance of compliance with tax laws when building insurance companies. He also explains how captives offer a specialized transaction tailored to individual risk profiles and covers the recent market trends that have led to an increased interest in captives, especially in the challenging property insurance market. Stewart and Nick jump into the unique challenges and benefits of incorporating property coverage into captives, emphasizing the need for proactive risk management strategies in the face of changing insurance landscapes. This informative discussion offers valuable insights for insurance professionals looking to understand captives and navigate the evolving risk finance landscape.
Connect with Hale Stewart: LINKEDIN
Book link: AMAZON
About Nicholas Lamparelli
Nick Lamparelli is a 20+ year veteran of the insurance wars. He has a unique vantage point on the insurance industry. From selling home & auto insurance, helping companies with commercial insurance, to being an underwriter with an excess & surplus lines wholesaler to catastrophe modeling Nick has wide experience in the industry. Over past 10 years, Nick has been focused on the insurance analytics of natural catastrophes and big data. Nick serves as our Chief Evangelist.
Nick Lamparelli is a 20+ year veteran of the insurance wars. He has a unique vantage point on the insurance industry. From selling home & auto insurance, helping companies with commercial insurance, to being an underwriter with an excess & surplus lines wholesaler to catastrophe modeling Nick has wide experience in the industry. Over past 10 years, Nick has been focused on the insurance analytics of natural catastrophes and big data. Nick serves as our Chief Evangelist.