The Voices of Risk Management

What is Captive Insurance? with Anne Marie Towle

May 10, 2024

Anne Marie Towle, CEO of Global Risk & Captive Solutions at Hylant, shares her journey in the insurance industry, discussing when it makes sense to consider captive solutions based on company size. She highlights the importance of networking, career growth, and dispelling myths about captives. Anne emphasizes the value of education, teamwork, and work-life balance in navigating a successful career path.

36:57

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Episode guests

Anne Marie Towle

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Episode notes

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Quick takeaways

Captive insurance requires thorough education and guidance to navigate complexities, dispelling misconceptions and emphasizing regulatory compliance.

Anne Marie Towle stresses the importance of fostering a global strategy, career growth planning, and promoting diversity within the insurance industry.

Deep dives

Anne-Marie Tolle's Career Journey and Growth at Highland Global Risk and Captive Solutions

Anne-Marie Tolle, the CEO at Highland Global Risk and Captive Solutions, shares her career growth from revitalizing a small captive practice to leading the global risk management team at Highland. Her journey started as an accountant with a minor in international business, which equipped her well for her current role. Tolle emphasizes the importance of fostering a global strategy and planning for future generations within the organization.

Introduction

2min

Navigating the World of Captive Insurance and Risk Management

10min

Navigating Career Growth in the Insurance Industry

13min

Dispelling Misconceptions About Captive Insurance

10min

Advice on Networking, Building Confidence, and Embracing Opportunities

2min

Anne Marie Towle is the CEO of Global Risk & Captive Solutions at Hylant. Since joining Hylant, Anne has grown the company’s captive consultancy into a powerhouse, earning U.S. Captive Review’s Captive Manager of the Year award. Prior to joining Hylant, Ms. Towle was an executive vice president with JLT and formerly a senior consultant with Willis Towers Watson for over seven years. In this episode, Anne shares her experience in the insurance industry, what a captive is, and when it makes sense to take on a captive based on company or property size.

Key Takeaways:

A little bit about Anne and her role at Hylant.
How did Anne discover the insurance industry?
There are a lot of different launch paths when you join the insurance and captive field.
When does it make sense to look for captive solutions?
Anne shares what it’s like pushing forward as a woman in a male-dominated industry.
No matter where you are in your career, you should have your personal board of directors.
Surround yourself with the people you enjoy spending time with, and grow together.
Life is never perfectly balanced. You’ve got to walk the line a little bit between career growth and family. Anne likes to look at it year-by-year instead of day-by-day.
Education is highly important throughout your career. You need to educate yourself along with educating your team on the latest methods/processes/technologies.
There are a lot of captives overseas. Why is that?
Where can a younger professional learn more about captives?
What advice would Anne give to her younger self?