Nominations are now open and will close Wednesday 6th August
Please read through the categories and click 'enter now' to start your nomination(s). For more information about the entry process, request your copy of the nomination pack here.
Company Categories
Accountancy, Audit and Tax Firm
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 Firm
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 Consultancy Firm
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 Launch of the Year
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 Manager Firm 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 Programme of the Year
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
Cyber Specialist Firm
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.
Employee Benefits Specialist Firm
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
ESG Specialist Firm
Judges will be looking for evidence of:
- Either a leading example of how captives can invest in sustainable projects and companies, aligning their investment portfolios with the parent organization's ESG goals
- Or how a captive solution/service has been deployed by a firm in the last year that assists captives owners with the challenges of adding ESG risks to their captive programme
- Or evidence of how a captive has displayed ESG expertise to assist/respond to a pressing ESG insurance challenge of its parent/members
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
Feasibility Study Firm
Judges will be looking for evidence of:
- A firm skilled in objectively assessing the business case for forming a captive and who accurately details the costs of establishing and managing the captive on an ongoing basis
- Client testimonials highlighting how the firm has gone above and beyond to help them
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
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 Firm
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
Legal Services Firm
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:
- Either a quality service from a company providing a software solution serving the European captive insurance market;
- Or an innovative insurtech solution that solves a problem
- Case studies showing how the software or insurtech solution meets a specific need from one or more captive clients; how the software or insurtech provider has utilised innovative and new technologies to deliver a unique and groundbreaking product to the industry; numbers demonstrating growth in the utilisation of the solution.
Third Party Administrator/Claims Specialist Firm
Judges will be looking for evidence of:
- How a claims handling firm or TPA has gone above and beyond to provide excellence in customer service;
- A new initiative implemented that has substantially improved the efficiency/speed with which claims can be dealt with;
- Case studies where the claims handling firm/TPA has provided a quality service to handle a particularly challenging/specialist claim; numbers demonstrating growth in the firm itself
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
Individual Categories
Captive Risk Manager of the Year - Individual
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 - Individual
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
Captive Underwriter of the Year - Individual
Judges will be looking for evidence of:
- Recognising an individual who has successfully created policies specifically designed for the unique risks and needs of the parent company or group
- The individual may have designed new forms of cover that either, have broken boundaries in terms of innovation and/or have addressed ever-changing market challenges
Emerging Talent - Individual
Judges will be looking for evidence of:
- Recognising a person who has been working in the captive industry for less than 10 years (approximately) who has demonstrated exceptional potential, innovation, and commitment to shaping the future of the sector
- Testimonials from clients and colleagues highlight how they stand out from their peers