[July 11, 2018] |
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A.M. BestTV: New Jersey Aims for Growth in Captive Insurance Sector
In this A.M.BestTV episode, insurers, experts and regulators
meeting with the Captive Insurance Group of New Jersey say the state
remains a smaller market, but continues to grow. Click on http://www.ambest.com/v.asp?v=njcaptive718
to view the entire program.
"I believe New Jersey has excellent prospects," said Peter Gerken,
senior vice president, Steel City Re. "The state looks like it has
developed a great operation. … In particular, for companies that want to
domicile or set-up a subsidiary here, the state has set some principal
focuses that helps it to stand out from other domiciles."
Daniel Ryan, senior director, A.M. Best, said he believes that,
"The state has maintained its position among the top 25 in the captive
market. The domicile is becoming more attractive to the captive market,
which could bring more opportunities to the New Jersey captive industry."
Also appearing in this episode:
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Sheila Small, executive director, Captive Insurance Group of New
Jersey; and
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Marlene Caride, commissioner, New Jersey Department of Banking &
Insurance.
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A.M.BestTV covers exclusive A.M. Best information and
reports, targeted topics and key developments in the (re)insurance
industry every Monday, Wednesday and Friday. Sign up for alerts of
episodes at http://www.ambest.com/multimedia/ambtvsignup.html.
View A.M.BestTV episodes at http://www.ambest.tv.
A.M. Best is the world's oldest and most authoritative insurance
rating and information source. For more information, visit www.ambest.com.
Copyright © 2018 by A.M. Best Company, Inc. and/or its
affiliates. ALL RIGHTS RESERVED.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180711005600/en/
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