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Ep. 204: Nate Reznicek: Brokers: Taking Another Look at Captives
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When? This feed was archived on June 07, 2023 10:59 (). Last successful fetch was on December 07, 2022 20:05 ()
Why? Feed inativo status. Nossos servidores foram incapazes de recuperar um feed de podcast válido por um período razoável.
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Manage episode 288934918 series 2904354
Apple Podcasts Rate and Review for SpotOn
Nate Reznicek is the Head of US Distribution at International Re Ltd, an insurance and reinsurance underwriting agency based in London. The company specializes in captive insurance, what Nate describes as a niche inside of a niche. As Head of US Distribution, Nate’s responsibility is spearheading the company’s US marketing strategies and developing sustainable enterprise risk management strategies. He is also part of the Captive Insurance Companies Association Programming Committee.
Nate joins us to discuss what captive insurance is, the risks they cover, and the market they’re after. He shares how he joined the captive insurance industry and what I-Re does for its clients. He describes the different types of captive insurance and the positions you have to fill if you want to start your own captive insurance company. Nate also shares what kept him going despite the economic downturn of 2020.
"The captive insurance space is a very small one. It's a niche inside of a niche." - Nate Reznicek
Today on Spot On Insurance:
- How Nate found himself working for a captives practice.
- Why captive insurance is a niche inside of a niche.
- What is a captive insurance company?
- The different types of captive insurance.
- The roles you need to fill if you want to start a captive insurance company.
- What does captive insurance cover?
- What I-RE does and how they are different from other captive insurance companies.
Key Takeaways:
- Insurance is not regulated at a federal level, but at a state level.
- The most common use of Captive insurance outside of your common P&C policies is going to be in your employer-sponsored healthcare plan.
- Most carriers don't make money on their underwriting profit.
Connect with Nate Reznicek:
- International Re
- Email: nate@i-re.insure
This episode was brought to you by…..
Insurance Licensing Services of America (ILSA), America’s Premier Insurance Compliance and Licensing experts. To learn more about ILSA and their services, visit ILSAinc.com.
Connect, Learn, Share
Thank you for joining us on this week’s episode of Spot On Insurance. For more resources and episodes, visit SpotOnInsurance.com. Subscribe so you never miss an episode. Love what you’re learning, Spot Light your review on Apple Podcasts Rate and Review For SpotOn and share your favorite episodes with friends and colleagues!
350 episódios
Série arquivada ("Feed inativo " status)
When? This feed was archived on June 07, 2023 10:59 (). Last successful fetch was on December 07, 2022 20:05 ()
Why? Feed inativo status. Nossos servidores foram incapazes de recuperar um feed de podcast válido por um período razoável.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 288934918 series 2904354
Apple Podcasts Rate and Review for SpotOn
Nate Reznicek is the Head of US Distribution at International Re Ltd, an insurance and reinsurance underwriting agency based in London. The company specializes in captive insurance, what Nate describes as a niche inside of a niche. As Head of US Distribution, Nate’s responsibility is spearheading the company’s US marketing strategies and developing sustainable enterprise risk management strategies. He is also part of the Captive Insurance Companies Association Programming Committee.
Nate joins us to discuss what captive insurance is, the risks they cover, and the market they’re after. He shares how he joined the captive insurance industry and what I-Re does for its clients. He describes the different types of captive insurance and the positions you have to fill if you want to start your own captive insurance company. Nate also shares what kept him going despite the economic downturn of 2020.
"The captive insurance space is a very small one. It's a niche inside of a niche." - Nate Reznicek
Today on Spot On Insurance:
- How Nate found himself working for a captives practice.
- Why captive insurance is a niche inside of a niche.
- What is a captive insurance company?
- The different types of captive insurance.
- The roles you need to fill if you want to start a captive insurance company.
- What does captive insurance cover?
- What I-RE does and how they are different from other captive insurance companies.
Key Takeaways:
- Insurance is not regulated at a federal level, but at a state level.
- The most common use of Captive insurance outside of your common P&C policies is going to be in your employer-sponsored healthcare plan.
- Most carriers don't make money on their underwriting profit.
Connect with Nate Reznicek:
- International Re
- Email: nate@i-re.insure
This episode was brought to you by…..
Insurance Licensing Services of America (ILSA), America’s Premier Insurance Compliance and Licensing experts. To learn more about ILSA and their services, visit ILSAinc.com.
Connect, Learn, Share
Thank you for joining us on this week’s episode of Spot On Insurance. For more resources and episodes, visit SpotOnInsurance.com. Subscribe so you never miss an episode. Love what you’re learning, Spot Light your review on Apple Podcasts Rate and Review For SpotOn and share your favorite episodes with friends and colleagues!
350 episódios
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