In GCP #61, Richard Cutcher was joined by guest co-host Ronny Vellekoop, of Marsh Captive Solutions, and David Schupak, WEMEA Regional Manager, to discuss why captives in the Middle East have become more appealing. They also address the change in local captive regulations and take a look at the trends in employee benefits financing. To find out more, all you need to do is tune in to the latest episode of the Global Captive Podcast (GCP #61). You can listen in the player below or on Spotify, Apple Podcasts or wherever you get your podcasts.
Historically, businesses in the Middle East have been relatively slow to embrace captive insurance, but the hard market over the past two years has prompted a shift in culture with setting up captives in Dubai and Abu Dhabi, which is why we were so excited to sit down with Richard to discuss just this. The pair discussed:
the interest we’re seeing from the Middle East based multinationals wanting to include employee benefits in their captive
the sectors we expect to see implement EB captives in the future
the challenges that are currently holding back further adoption of EB captives in the region.
Sit back, relax and listen to this episode for a whole host of insights on this ever more significant subject!