Don't delay - Nomination deadline extended to 2pm BST on October 16, 2024!
Accountancy, Audit & Tax Services
Judges will be looking for evidence of:
- Delivering clients a quick and efficient service in their tax reporting and/or audit requirements;
- Case studies demonstrating where the firm has understood and responded well to a specific/unique set of requirements
- Numbers demonstrating growth in the firm
Actuarial Firm
Judges will be looking for evidence of:
- quality risk modelling, and details of the data behind actuarial decisions;
- case studies demonstrating the performance of European captive clients;
- numbers demonstrating growth/expansion in the actuarial firm itself;
- how the firm has introduced a new innovation and/or technology to the benefit of clients.
Captive Broking Services
Judges will be looking for evidence of:
- quality service when placing reinsurance for ART programmes;
- case studies of where a broker has gone above and beyond in the level of service/support provided to a European captive client;
- numbers demonstrating growth in the broker's captive services department
Captive Cell Specialist *NEW for 2024*
Judges will be looking for evidence of:
- Innovation/originality in an approach to cell captive solutions
- Case studies of how a cell captive initiative has overcome difficult regulatory and/or specific client challenges to deliver a successful outcome
- How a cell captive initiative has helped a captive to an improved financial performance for the client than would otherwise have been possible in
Captive Collaboration Project
Judges will be looking for evidence of:
- A summary of the project, including why the collaboration was necessary, the outcome and how it benefited the captive owner or the wider industry
- Each company’s contribution to the solution
Captive Compliance Specialist
Judges will be looking for evidence of:
- Deep knowledge of a specific area of compliance
- Case studies where a compliance specialist has demonstrated excellence, either in the level of expertise, efficiency, knowledge or in how quickly they have responded to changes
Captive Consultant
Judges will be looking for evidence of:
- expertise in risk management solutions;
- case studies of the consultancy service provided to a European captive client and the positive outcomes this advice generated for the client;
- customer satisfaction among captive clients;
- growth in the captive consultancy itself
Captive Innovation Award
Judges will be looking for evidence of:
- How a company has implemented a specific innovation
- The positive outcomes the innovative solution created, ideally backed by numbers
- The wider impact this innovation could have on the captive industry, the more groundbreaking the better
- The successful outcomes that have come about due to the initiative, for both the company itself and/or the client
Captive Launch of the Year *NEW for 2024*
Judges will be looking for evidence of:
- Quality of the strategic planning and execution involved
- What emerging risks were written into the captive and why?
- Why the captive was required, and the benefit the captive has subsequently brought to the parent or group
Captive Programme of the Year *NEW for 2024*
Judges will be looking for evidence of:
- How the captive has benefitted the parent organisation or group
- The risk retention kept within the captive and why?
- What new innovation the captive has delivered, either for itself or the parent or group
Captive Manager of the Year
Judges will be looking for evidence of:
- case studies demonstrating excellence in service to their captive owner clients backed by performance numbers;
- growth in the captive manager itself, in both client numbers, written premium, and revenue;
- ideas/innovations implemented to improve client satisfaction
Captive Risk Manager of the Year
Judges will be looking for evidence of:
- excellence in risk management performance, backed by numbers;
- improvement in claims performance in one or multiple areas of the parent business;
- case studies demonstrating an innovative way improved risk management processes have been implemented at the parent organisation
Captive Service Professional of the Year
Judges will be looking for evidence of:
- Excellence in servicing a European captive insurance company, including details of how they have gone above and beyond to help a client or the industry as a whole;
- Case studies of the proactive steps they have taken in the last year to produce positive outcomes;
- Innovation and a willingness to take the industry to new places
- Client testimonials explaining what makes this individual stand out from their peers
Cyber Specialist *NEW for 2024*
Judges will be looking for evidence of:
- Either how a captive solution/service has been deployed by a firm in the last year that assists captives owners with the challenges of adding cyber to their captive programme
- Or evidence of how a captive has displayed cyber expertise to assist/respond to a pressing cyber insurance challenge of its parent/members.
Emerging Talent
Judges will be looking for evidence of:
- how a young person working in the industry has displayed skill/talent above and beyond what would be expected
Employee Benefits Specialist
Judges will be looking for evidence of:
- Case studies of how the EB specialist delivered to a client an EB solution perfectly moulded to the specific needs of a business, and details of the challenges overcome to provide it
- Testimonials from clients of this specialist explaining how they stand out
- Evidence of specialist knowledge in the field of employee benefits
- Evidence of how the EB network/solution provides provides a service superior to competitors
European Domicile
Judges will be looking for evidence of:
- Case studies of how staff at the regulator engaged with a captive owner in either the formation of a new captive, or to overcome a persistant issue
- A willingness to embrace new ideas and innovation to the benefit of captive owners
- Evidence that the regulator is responsive and engaging with the captives it regulates
- Evidence that the regulator has sought to improve its captive department internally in the last year
- Evidence that the regulator has taken steps to support the captives it regulates eg through new regulation
Insurtech Solution for Captives
Judges will be looking for evidence of:
- A truly groundbreaking technological innovation that solves a problem;
- Case studies of how a captive deployed this solution and the positive outcomes it generated; numbers demonstrating uptake of the solution
International Domicile
Judges will be looking for evidence of:
- Case studies of how staff at the international regulator engaged with a captive owner (with a European-based parent) in either the formation of a new captive, or to overcome a persistent issue
- A willingness to embrace new ideas and innovation to the benefit of captive owners
- Evidence that the regulator is responsive and engaging with the captives it regulates
- Evidence that the regulator has sought to improve its captive department internally in the last year
- Evidence that the regulator has taken steps to support the captives it regulates eg through new regulation
Investment Specialist
Judges will be looking for evidence of:
- how an asset manager or investment advisor has developed a specialist captive department to meet the captive industry's investment needs;
- case studies of the lengths investment specialist have gone to for a particular captive client to build them a well-constructed and balanced investment portfolio that produces impressive returns, backed by the financial numbers and comparisons to other rival's portfolios/industry standard;
- numbers demonstrating the general returns of their captive clients and detail on the work that goes into improving these returns; numbers demonstrating growth in the investment specialist itself, both in client numbers and values invested
Legacy Solutions
Judges will be looking for evidence of:
- excellence in providing a restructuring or exit solution to a captive or other ART programme;
- case studies of particular deals that have delivered successful outcomes to both the client and the legacy provider; how the legacy provider has been able to deliver a superior claims management service on the acquired legacy book
Fronting Partner
Judges will be looking for evidence of:
- how an insurance company has provided a quality and efficient fronting service to European captives; case studies of how the fronter has developed a nuanced approach to fronting for a particular client, demonstrating an ability to adjust their proposition for specific client needs;
- numbers demonstrating growth in the fronters proposition, in terms of both client numbers and premium fronted
Next Gen Initiative
Judges will be looking for evidence of:
- how the organisation has put in place a NextGen initiative to usher in the next generation of talent;
- case studies demonstrating individuals that have recently come through the organisation's NextGen initiative, and their achievements;
- a willingness to try new innovative methods for making more young people aware of captive insurance and its merits as a career
Legal Services
Judges will be looking for evidence of:
- how a legal department or law firm has delivered excellence in service to a European client and their captives;
- case studies showing deep legal expertise in a specialist/niche area highly relevant to a particular client;
- growth in the legal firm/department itself, backed by numbers
Technology Solution
Judges will be looking for evidence of:
- quality service from a company providing a software solution serving the European captive insurance market;
- case studies showing how the software meets a specific need from one or more captive clients can not be easily found/replicated elsewhere; how the software provider as utilised innovative and new technologies to deliver a unique and groundbreaking product to the industry; numbers demonstrating growth in the utilisation of the software solution.
Underwriting Solution
Judges will be looking for evidence of:
- how an insurance/reinsurance company has assisted a European-owned captive with a specialist underwriting solution;
- case studies of how the insurer/reinsurer has helped a client with a range of services to support the success of the captive; growth in the underwriter's captive proposition, backed by numbers