International Risk Management Institute Teams Up With Tillinghast - Towers Perrin To Publish Captive Insurance Company Reports
DALLAS -- International Risk Management Institute, Inc. (IRMI), and Tillinghast – Towers Perrin announced today that they will jointly publish Captive Insurance Company Reports (CICR), a news journal on the captive insurance industry. Captive insurance companies are closely held insurers whose insurance business is primarily supplied by and controlled by their owners, where the original insureds also are the principal beneficiaries.
"We value the opportunity to work with Tillinghast – Towers Perrin, retaining their editorial direction for the production of a well-known and universally acknowledged industry journal," said IRMI president Jack Gibson. "CICR is the flagship for the alternative insurance market and as publishers, this significantly increases our level of service to people involved in our key target market. This agreement also will add value for CICR subscribers since publishing risk management and insurance reference services and newsletters is our core businesses."
As the first and most well known periodical to focus on the alternative market, CICR covers reinsurance, tax and regulatory developments in the captive industry. Additionally, CICR provides comprehensive reports and comparisons of new and existing captive domiciles. The publication also contains frequent updates, reports on reinsurance and fronting conditions and their effects on captives. Readers also receive assessments of the latest tax legislation and the results of recently decided court cases.
"With horizons expanding for the captive insurance industry, this agreement should benefit both organizations in addition to the readers of CICR," said Chuck Lee, a Tillinghast – Towers Perrin principal based in Dallas. "It draws on the strengths of both entities and will create a synergy that better meets the demands of a dynamic and growing industry in a fast-changing marketplace."
CICR will remain a monthly publication under the new arrangement. "Tillinghast – Towers Perrin will continue to provide editorial content and direction in CICR on the trends and developments in the captive industry," said editor Kathleen Waslov, who added that "the publication and its subscribers also will greatly benefit from IRMI's expertise, market focus and effective distribution network."
CICR was founded in 1977 by publisher Felix Kloman and editor Hugh Rosenbaum. It was originally published by the Risk Planning Group and subsequently acquired by Tillinghast – Towers Perrin. Editor emeritus Hugh Rosenbaum will continue to provide a column and his usual input with domestic and international perspective on captive trends on a monthly basis.
International Risk Management Institute, Inc., (IRMI), founded in 1978, is a Dallas-based research and publishing organization specializing in risk management and insurance reference manuals, books and newsletters. These references provide practical strategies and tactics for insurance buyers, HR professionals, risk managers, agents, brokers, underwriters and attorneys.
Tillinghast - Towers Perrin provides management consulting to financial services companies worldwide. In addition, the firm's risk management practice consults to a wide range of companies beyond the financial services industry.
Tillinghast – Towers Perrin's consultants help clients improve business performance through quantitative analysis, insight and execution. They work with clients to develop strategies that are tailored to their needs. Tillinghast - Towers Perrin is part of Towers Perrin, one of the world's largest independent consulting firms, with a staff of over 8,000 in more than 20 countries.
The annual subscription fee for the monthly Captive Insurance Company Reports (CICR) is U.S. $285. For more information contact International Risk Management Institute, Inc., at Phone: 800-827-4242; Fax: 972-371-5120; E-mail: info@IRMI.com; Mail: 12222 Merit Drive, Suite 1450, Dallas, Texas 75251-2276.