Captive Manager of the Year
Independent Captive Manager of the Year
Applicants need to demonstrate how captive management services have consistently outperformed their peers, and catered successfully for their clients. Judges will be looking for applicants with a demonstrable track-record of providing more than just ‘mechanical’ captive management, and that have facilitated companies’ captive expansion and risk management in general.
Key criteria include:
- Consultative services
- Diversity of produce offering/solutions
- Innovation
- Scale
Innovation in captive management
Innovation in investment management
Innovation in fronting
Judges will be seeking to reward a company whose unusual solutions have contributed to the beneficial growth and change of captives.
Key criteria include:
- Benefit to clients
- Uniqueness of solution/creativity
- Value and availability of solution
- Contribution of solution to wider risk management practices
Best customer service in captive management
Best customer service in investment management
Best customer service in fronting
Entries will need to demonstrate how service has improved the business functionality of clients.
Key criteria include:
- Knowledge and expertise of team
- Level and value of service
- Enduring Accessibility
Onshore law firm of the year
Off-shore law firm of the year
Tax advisory firm of the year
Judges will be seeking to reward the company within each category that has demonstrated exceptional expertise within each service. Efficiency, accessibility, knowledge and availability will set the winner apart from the rest.
Captive reinsurer of the year
Judges will be seeking to reward strong capitalisation, range of products, innovation and ancillary services in challenging market conditions.
Key criteria include:
- Strong Management
- Selective underwriting
- Sound business model
Reinsurance broker of the year
Judges will be seeking to reward the broker which has shown the best business strategy and maintained the strongest client base in the last year.
Key criteria include:
- Competitiveness of pricing
- Accessibility
- Transparency
- Scale
Collateral service provider of the year
Judges will be seeking to reward a company that provides a range of different collateral products, and flexibility to client circumstances.
Actuarial firm of the year
Claims management firm of the year
Judges will be seeking to reward a company based on their value, efficiency, innovation and accessibility.
Technology firm of the year
Judges will be seeking to reward a company that provides technology that demonstrably improves the functionality of captives.
Key criteria include:
- Range of products
- Uniqueness of products
- Cost and usability
- Contribution to wider corporate risk management practices
Lifetime achievement
Judges will seek to award an individual who has made a significant and protracted contribution to the captive industry.
Key criteria include:
· Longevity
· Range of contribution (across different jurisdictions and sectors)
· Innovation
· Legacy/ influence on others
Newcomer (individual) of the year
Applies to an industry figure who has worked in the captive industry for less than 2 years. Applicants will have to explain how they have made a considerable impact to their workplace in that time, citing specific examples. Preference will be given to examples that cite the benefit(s) to clients.
US onshore captive domicile of the year
Offshore captive domicile of the year
Judges will be seeking evidence of a domicile that has helped it client base and service providers whilst upholding international standards.
Key criteria include:
- Accessibility of regulatory staff
- Flexibility and prudence of regulation
- Growth
·
Regulatory initiative of the year
Applicants need to explain the unusual/ unique qualities of the initiative and how it has helped the wider industry. Changes to how regulation is processed as well as actual regulatory changes will also be considered.
RRG of the year
Group/association captive of the year
Judges will seek evidence that the entity has provided extensive services to a particular sector. Applicants should highlight how their entity has provided coverage that would otherwise be hard to acquire, and how it has demonstrated value additional to the commercial market.
Key criteria include:
- Competitiveness of coverage and services
- Care of members
- Range of ancillary services