Amid a historically hard construction market, middle and large-sized companies looking for alternatives to traditional insurance may turn to captives to find stable pricing and greater capacity. Captives, licensed (re)insurance companies owned by their insureds, carry appeal to construction businesses …
Schaumburg, Ill.-based Zurich North America has appointed Terry McCafferty as head of group captives, a key strategic business unit of Programs & Direct Markets. In his new role, effective Feb. 1, McCafferty will be responsible for the operational management of …
Great American Insurance Group said its Alternative Markets Division has hired Tom Colosi as divisional vice president, Group Captives. In this role with Great American, Colosi will lead the company’s existing group captive operation. Colosi joins Great American from Sparta …
