In this episode, I had the pleasure of talking with Foresight's Chief Insurance Officer Emilio Figueroa. Our conversation quickly turned into a Q&A and of an Insurance 101 class.

“…we would maintain the MGU as a distribution platform and just purchase a shell company... then start writing business under that shell as long as we have the the necessary reserves and the correct reinsurance partners to help us.”

Emilio is a property/casualty industry veteran of nearly three decades. He created multiple insurance programs across various verticals and is recognized as a global insurance innovation thought leader. He has been a speaker on InsurTech and RiskTech topics at conferences throughout North America and Europe.

“I love DC as a captive domicile. You can have captives all over the world. You can be in Malta, you can be in Hawaii, you can be in Bermuda, you can be in the Caymans or you can be domestic. Most states in the US have captive domiciles. Delaware is pretty much where most of the captives go to.