World Captive Forum Recap: 5 Hot Topics

The World Captive Forum, sponsored by Business Insurance, held its 27th annual conference earlier this month in Fort Lauderdale, Florida. From captive owners, reinsurers, brokers, regulators and more, the event brought together about 300 of industry thought leaders, and we were happy to have taken part (and not just because we got to temporarily escape winter in Boston).

It’s been a few weeks now and we’ve had time to reflect on the topics and issues that really stuck with us after leaving the conference. As always, we wanted to share our vieGlobal Captive Marketwpoint. So if your schedule didn’t allow you to attend the World Captive Forum, or you’re just a little fuzzy on the details several weeks later, we’ve got you covered! Stay in the loop with our event highlights below.

1. International Regulations & Markets

Being the World Captive Forum, it makes sense that there was a significant focus on captive happenings outside of the US. A panel including employees of Willis Towers Watson and the State of Delaware commented on Brexit,, BEPS, IAIS, US tax reform and other issues related to international regulations that are important for the captive market. Later, we heard an update on the Latin American captive market from regional thought leaders. Among other lessons, we learned that Mexico and Colombia have the leading captive markets, while Peru, Argentina and Brazil have various obstacles hindering their captive development and growth.

2. Captives & Benefits

Captives can be a powerful, advantageous funding mechanism for an organization’s employee benefits. But as the world of benefits continues to change and evolve, so too has that structure. Bill Fitzpatrick and Mark Cook provided updates on global (there’s that word again) employee benefits and captives best practices. They outlined some of the different considerations for benefits and captives in different countries. Marsh then led a session on using voluntary benefits to grow your captive. They highlighted the advantages (or benefits, you could say) of voluntary benefits, different products available, factors involving ERISA and other pertinent issues.

3. Medical Stop-Loss

Mark Weinstein of Independent Colleges and Universities Benefits Association (ICUBA) led a discussion around the adding of medical risk to a captive, and all that entails. His panel explored different medical risk structures as well as the significance of risk diversification. In a separate roundtable, representatives from companies like Coca-Cola and Kirkway International covered medical stop-loss captives – their advantages and factors to consider.medical stop-loss

4. Microcaptives & Cells

In light of last year’s Avrahami vs. Commissioner court case ruling, it’s no surprise that microcaptives have been grabbing more of the industry’s attention. Specifically, one panel including Jeremy Huish and Mary Ann McMahon focused on pooling in microcaptives: how it works, best practices, IRS considerations, a look at how pooling relates to Avrahmi and more. The presentation included a case study highlighting The Spinx Company. Later, David Provost of the Vermont Department of Insurance presented with colleagues on the innovative ways to utilize a cell company. The session highlighted benefits like stop-loss protection , outlined the various possible structures and demonstrated it all through a look at an actual client’s experience. Further, a roundtable discussion delved further into the topic of microcaptives and cells.

5. Captive Optimization

A captive is a worthwhile endeavor, but it is a large one. As such, it’s important to make sure you’re getting the most out of it and continually checking for new opportunities that may have arisen due to market or regulatory changes. This theme appeared in a few different sessions at World Captive Forum. In one, “Spicing Up Your Captive”, introduced pensions, cyber, intellectual property, climate risks, reputation and others as food for thought when it comes to new captive strategies.

In another session, our very own Karin Landry, along with Michael Lubben of Henry Crown and Company/CCI, highlighted the importance of undergoing captive refeasibility studies on a regular basis, to ensure there are no missed opportunities and that your captive is keeping up with the changing needs of your organization. The presentation also included a case study. The topic got even more stage time when it was discussed in a roundtable – “Doing More With Your Captive.”

Captive Optimization


We hope this recap helped you glean all of the most prevalent and highly discussed issues of the 2018 World Captive Forum, whether you were able to attend or not. As you can see, we weren’t just in it for the weather! We enjoy having the opportunity to look back at each event we go to and sharing our takeaways with like-minded professionals. Keep an eye out for a similar synopsis after the CICA Annual Conference next month!



Spring Speaking at World Captive Forum

World Captive Forum 2018The Spring team will be happy to escape the cold Boston winter at the end of January and head down to Fort Lauderdale, Florida for Business Insurance’s World Captive Forum. The conference, which will run from January 31st through February 2nd, will be a gathering spot for hundreds of professionals in the captive insurance and risk management industries. Spring has been involved with the World Captive Forum on several prior occasions, and is excited to be both a sponsor of and a speaker at this year’s event.

Karin Landry, Spring’s Managing Partner, will be presenting, “Time For a Captive Refresh?” on Thursday, February 1st from 1-2 PM. If you’re interested in learning how to ensure your captive remains optimized throughout the regulatory and marketplace shifts that happen regularly, you should listen in to Karin’s session. Further, the Spring team will have a home base at booth #13, so feel free to come chat with us.

Spring to Exhibit at Yankee Dental Congress

For the 8th year in a row, Spring is pleased to participate in the annual Yankee Dental Congress annual event that runs from January 24th – 28th in Boston’s Seaport area.

Yankee Dental Congress Boston

Our brokerage arm, Spring Insurance Group, has been helping small businesses, including a large number of Massachusetts Dental Society (MDS) members, to obtain and manage affordable, robust health plans for their employees. Each year, the team looks forward to connecting with new people and meeting existing clients at the event, which brings in about 27,000 industry professionals.

Spring is excited to be exhibit at the Yankee Dental Congress once again this year, as it is a core way for our brokerage to stay in the loop on industry trends and meet professionals who could use our help. If you’ll be attending Yankee Dental in January at the Boston Convention & Exhibition Center, be sure to stop by our booth and say hi! We’ll be at booth #605.

Spring Spotlight: Anne Baldwin

captive feasibility study


You know the drill by now, right? Meet our financial expert, Anne.


Title: Chief Financial Officer

Joined Spring in: June of 2015

At work: Anne handles the day-to-day operations at Spring and works with the executive team to create and implement strategies for growth and improvement. She’s also our go-to for things like expense reports, billing and all things budgetary.

Outside-of-work: We all know of Anne’s love for bowling – she plays in leagues year-round and loves it. Otherwise she enjoys spending time with family and friends.

Favorite season: “Definitely summer…the hotter, the better!” She was not a fan of the 50-something degree days we recently had in July.

Favorite flower: Roses.

Spring Consulting Group


Favorite food: “Nachos,” she laughs, “pizza is a close second, but I have to go with nachos, they’re the best.” No argument here.

Favorite part about working at Spring: “Definitely the people and the culture, firstly. Secondly, I had never worked in the insurance industry before and I have learned a ton about insurance, healthcare, benefits and risk management. I think what we do is really interesting and I am still learning new things every day; it’s rewarding.”

What is your biggest guilty pleasure? Wine is one of Anne’s biggest vices, but she can’t bring herself to stop – it’s just too good! You know Anne, they say red wine has health benefits, so maybe it’s not a bad thing after all….


** Anne’s not big on photos of herself so we decided to showcase two of her favorite things instead of her beautiful face.

Spring Spotlight: Nick Frongillo

The term “consultant” is fairly vague, the term “actuary” is fairly confusing, and the term “captive insurance” is fairly unknown among many crowds. We’re looking to clear things up and put some faces to our name, especially since we’ve been blooming with new team members lately. Here’s a behind-the-scenes look at the Spring team. Next up is Nick.

Title: Actuarial AnalystActuarial Services

Joined Spring in: May of 2014 – just celebrated his 3 year springversary!

At work: In case you’re thinking, “what the heck is an actuary?”, here’s what Nick is focused on at Spring: pricing work for our clients, including reserving for health, disability and life insurance.

Outside-of-work: Nick is a huge Boston sports fan so he spends a fair amount of time keeping up-to-date on our beloved teams. But he doesn’t just watch them – he also plays in a recreational basketball league when he’s not here crunching numbers.

Favorite season: Summer. He’s glad we’re finally feeling the first lasting glimpses of warm weather around here.

Favorite flower: “Let me Google kinds of flowers really quickly…okay, a tulip I guess.” Men.

Favorite food: Seafood. He picked a good location for it.

Favorite part about working a Spring: “I like that our smaller size gives me access to the partners and executives that I might not have elsewhere. I’ve learned a lot in a short amount of time as a result of such exposure.”

Do you have any unreasonable fears? “I really hate snakes!” We can’t say that’s unreasonable, but okay, noted.

Spring to Sponsor the NHDS Annual Meeting

Spring’s brokerage arm, Spring Insurance Group, will be exhibiting at the New Hampshire Dental Society’s annual meeting in Meredith, NH from May 18th to the 20th. This is a two and a half day conference that brings together dental professionals and industry experts to network and learn from each other. As the official employee benefits partner of the NHDS, Spring has enjoyed attending for the past few years and is excited to participate again.  insurance for medical practices

Attendees will  hear from leaders, educators and authors of the oral health industry as well as experts in IT, business development and more. Topics at this year’s conference will include:

  • Treatment planning & delivering complex, multidisciplinary cases
  • Advanced hygiene therapy
  • Invisalign – misconceptions, identifying candidates, etc.
  • How to finance your practice while reducing costs
  • Improving oral health in rural areas
  • HIPAA & security for dental practices
  • Integrating oral health into primary care training
  • Risk management for dental businesses

Spring Insurance Group has a longstanding relationship with various dental practices and associations, as we offer multiple products and solutions that allow small to medium-sized medical practices provide cost-effective insurance and benefits for their employees. We look forward to meeting new faces and hearing the latest updates within the field at NHDS later this month. If you’ll be attending, be sure to stop by booth 33 and chat with our team!