Does a captive make business sense for your company? Do
you want to learn how to maximize shareholder value through a captive?
Or maybe you just want to learn the basics about captives.
These links will help you move ahead. You asked us for
links to some of the more introductory captive information that we have
throughout the site -- this page brings them all together for your convenience.
| Description |
Sponsor |
Spring/Summer/fall 2011: Richard Klumpp's Captive Insurance Brief -- A new blog about Captive Insurance ... one that I hope you will read, enjoy and reply to with your questions or comments.
This blog series offers an outstanding, downloadable Captive 101 primer that is 20 pages of meaty information. We at captive.com love this report, and are confident that you will find it very helpful!
We especially love this post: 5 Key Questions: Is Captive Insurance Right For You? Your answers to these 5 questions will help you decide whether it makes sense to move to the next steps in forming a captive for your business or group. [Now I'm curious....take me to this pre-feasibility study analysis pronto!] |
Wilmington Trust |
| December 20, 2010: We have just posted a fine article written and shared with us by Ed Ianni, who currently serves as the director of strategic development for the State of Delaware Department of Insurance. This article was first published in the current issue of Voluntary Benefits Magazine.. Innovation at Work: Employers Creating Their Own Captive Insurers describes the evolving crossroads of benefits, captive risk management and capital planning. Ed articulates clearly and precisely how the Series LLC captive structure available in Delaware can become a powerful tool for the captive owner. |
Delaware Captive Bureau |
| November, 2010: CAPTIVE INSURANCE: Primer and Federal Tax Overview. These slides were developed in November of 2009, but are an excellent overview of captives with a little extra info on federal taxation. |
Kerr, Russell & Weber |
|
July 24, 2010: From the July 2010 Actuarial Edge
Newsletter. -- Insurance
and Financial Strategies Using Captive Insurance Companies
by By Jeffrey Altman, FSA, MAAA. A brief article filled with helpful
information. |
Bartlett
Actuarial Group, Ltd. |
| FEDERAL
LIABILITY RISK RETENTION ACT OF 1986, 15 USC 3901-3906 (1981,
as amended 1986), downloadable in pdf |
Captive.com |
| Freedom
in Captivity. This well-written white paper -- updated
in mid-April 2010 -- was written by Jan Dash and Herman Liburd from
the law firm of Liburd and Dash. A portion of the paper is specific
to the captive domicile, Nevis, but the vast majority of it comprises
a cohesive "Captives 101" summary, which
is always in high demand at captive.com. |
Liburd
and Dash, L. P. |
|
October 2009: Introduction
to Risk Finance for Captives. In this 19-page paper,
the author, James Mounty, supplies an in-depth introduction to insurance
and risk financing. Graphs and illustrations make complex ideas clear
and understandable for the novice. The paper not only gives helpful
information on the basics of insurance and risk finance, but then
goes on to apply these concepts with case studies and applications,
including the use of captives to finance risk. This is truly an outstanding
paper. |
Miller
Insurance Services Ltd, London
|
| July 21, 2009: New to captives? Wondering if a captive
makes sense for your business? Just want a refresher course? We have
a course for you! SRS's Captives 101 Webinar
took place back on July 21, but you can download the recording of
this and all SRS webinars at www.strategicrisks.com/webinars.php. |
Strategic Risk
Solutions |
"Captives
101: Managing Cost and Risk." This recently-updated
primer defines captives and discusses the forms they can take. The
white paper also describes captive operations, and explores the
reasons for forming a captive, along with the issues to consider
in determining whether a captive is right for your organization.
TRACS:
The Road to Successful Captive Management. Captives
are created to serve their owner-policyholders. Traditional insurance
solvency and ratio standards may not apply to them. Towers Perrin
developed TRACS to help you prudently manage and benchmark your
captive operation.
Captive
Insurance Company Glossary in searchable pdf.
This searchable pdf glossary seeks to clarify some of the
terms and jargon used in the captive insurance marketplace.
The intent is to provide a basic understanding of terms for those
unfamiliar with the terminology and a common reference point for
others engaged in more advanced areas of captive application and
theory. In general, this glossary has a U.S. perspective and presents
explanations rather than definitions.
CAPTIVE
FEASIBILITY. Could forming a captive lower my
cost of risk? Would a captive provide us with increased capacity
and flexibility of coverage? Would formalizing risk retention via
a captive structure have a beneficial impact on the risk culture
within the company and help get claims under control? Towers Perrin
analysts answer these questions, then lay out the process they use
to implement ERM through the captive feasibility study process.
Great stuff!
 More Helpful Downloads from the Towers Watson home page
|
Towers
Watson |
| April 2008: "Glossary
of Insurance and Risk Management" (See "Free resources"
area on left side of page to access this glossary.) This is a Wiki
style glossary to which you can add your own terms. |
IRMI
|
| 12/03/2007: Glossary
of Captive Insurance Terms |
Active
Captive Management |
| 12/21/2005: Martin Eveleigh has posted an excellent
article entitled "Segregated
Portfolio Companies -- Glorified Rent-a-Captives?"
A great introduction to this concept. |
Atlas
Insurance Management |
| Spring/Summer 2011: Here's a downloadable Captive 101 primer that is 20 pages of meaty information. We at captive.com love this report, and are confident that you will find it very helpful! |
Wilmington
Trust Captive Management Services |
| 10 May 2005: Captives:
Why or Why Not? Many articles extol the benefits of captive
formation, but few express any cautionary statements that should be
considered. This white paper exposes both sides of the coin -- you'll
like it! |
Spring
Consulting Group |
| 10 November 2004: A terrific
article written by Conor Jennings entitled, "Virgin
Captives" is awaiting you. This article features a solid
introduction to captive basics, along with an explanation of numerous
advantages offered to captives who domicile in the British Virgin
Islands. |
Caledonian
Insurance Services |
|
Are States Abusing the Registration Process In Violation of the Liability
Risk Retention Act? -- A Risk Retention Reporter interview
with John Harkavy and Heather Ross, reproduced with permission of
Risk
Retention Reporter. Article gives excellent information on regulatory
aspects of RRG's. |
Risk Services |
|
Glossaries:
|
 |
Comerica
Bank Captive Learning Center. This section of the Comerica Bank
captive website contains links to several pages of beginning captive
concepts.
Also, Marty Ellis from Comerica Bank is your instructor for a brand
new course presentation recently activated at CaptiveLearning.com
-- Captive
Collateral Options. The PowerPoint/Audio course
is complimentary, but registration is required. Once the presentation
launches, sit back and enjoy -- you won't even need to touch your
computer keyboard! This presentation does not include testing or
a forum in its aftermath, but should you wish to contact Marty after
listening, his contact information is available from the Comerica
Bank captive website as well as the Captive
Yellow Pages. |
Comerica
Bank Captive Insurance Services |
| These links address general captive
formation questions such as: What types of captives are there? Why
form a captive? How much premium do you need to form a captive,
etc.:
|
Milliman |
| |
Johnson
Lambert & Co. |
| "I
Get By With a Little Help From My Friends" -- Choosing The Right Captive
Service Providers |
From an excellent presentation at the
1998 World Captive Forum -- still relevant today! |
