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Is the Captive Industry Ready to Compete Tomorrow?

Capital preservation, one of the main financial objectives of captives, is also a critical element to a captive’s success.  Along with conservative investments, captives must be able to manage costs in a both a hard and soft market. Consider that between 2014 and 2018, captives added $3.1 billion to their year-end surplus and paid $1.6…

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View from the Captive Cockpit Needs A Technology Parachute

In a recent IRMI Captive.com blog post (“A View from the Cockpit: Systems and Controls of Good Captive Managers”) the team at Atlas Insurance Management Limited compared the successful management of a captive insurance company to flying a plane. “It’s a whole lot less intimidating once one understands the controls and systems that need to…

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CHSI Participates in “Shaping the Future” at CICA

Tucson played host to more than 500 captive insurance representatives, including 100 first-time attendees (captive owners, potential captive owners, captive managers, risk managers, domicile regulators and officials, and service providers) at the CICA 2019 International Conference. In support of the conference’s agenda, which offered educational and networking opportunities, the theme of this year’s domicile-neutral conference,…

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keep up with captives

Keeping Up with Captives

Several states added new captive insurance companies last year, according to Captive Insurance Times. Arizona licensed eight new captive insurance companies (down from 11 last year), and the state also saw a rise in captive closures year-on-year, with five captives closing last year, up from three in 2017. As of the end of December, 2018,…

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World Captive Forum—a Great Excuse to Visit Miami in the Winter

More than 300 attendees enjoyed more than just beautiful Miami weather recently at the Business Insurance World Captive Insurance Forum. The meeting, which included an exhibit hall and educational conference, was great opportunity to mix with friends in the industry, and served to help all stakeholders learn more about trends and new technologies in the…

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CHSI Technologies Launches New CHSI Connections® Captive Manager Software

The newest module of CHSI Connections® cloud-based core systems software is designed to meet the unique requirements of efficient and effective captive management. Henderson, NV—January 18, 2019 – CHSI Technologies, Inc., a provider of enterprise-class insurance software, is pleased to announce the release of CHSI Connections® Captive Manager, software that is designed to enable captive…

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Cloud-Based Technology: Four Common Questions

As traditional enterprise insurance software applications continue to take a back seat to Software as a Service (SaaS) through cloud-based technology, smaller insurance companies may be intrigued yet hesitant to commit to migrating to the cloud. In an effort to ease the consternation associated with moving to the cloud, below are four questions that commonly…

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what is required to support a cloud service

What is Required to Support a Cloud Service?

One of the newest buzzwords in business technology is changing the landscape of how small to mid-size insurance companies are operating and that buzzword is the “cloud”. Cloud computing has already begun to have a tremendous impact on how these companies do business, but a lot of confusion still exists as to what the cloud…

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six questions to ask your potential saas providers

Six Questions to Ask Your Potential SaaS Providers

Small to mid-size insurance companies are moving to SaaS (Software as a Service) more than ever before, and with good reason. The cost savings in technology equipment and personnel can amount to thousands of dollars, allowing companies to place greater focus on growing their business and less time on dealing with technological issues. However, companies…

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five major benefits of cloud computing

Five Major Benefits of Cloud Computing

Software packages can often scale too large for small-to-mid-size insurance firms or they may contain options that aren’t applicable. Cloud-based software for insurance companies offers secure, scalable and industry-specific solutions. Here are five benefits that cloud-based software packages can offer your firm: Faster Revenue Growth Recent data from Dell indicates that companies using cloud-based software…

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