Captive Basics

Why Should You Consider Forming a Captive Insurance Company?

November 7, 2023

Once just a speck on the commercial insurance market landscape, captive insurance companies have become a mainstream risk management tool. Read on to learn more! Read More


How Risk Retention Groups Differ from Captives

October 9, 2023

A risk retention group (RRG) can be an option for insurance buyers facing common challenges in the traditional liability insurance market. An RRG can offer premium savings, options for obtaining difficult-to-get coverages or limits, and incentives for reducing claims activity. Read More


5 Reasons Not To Form a Captive Insurer

September 29, 2023

There are five key questions to ask before deciding whether to form a captive insurance company. We rank the questions in order of importance and provide a road map for prospective captive owners to consider. Read More


Captive Insurance: Why or Why Not?

September 29, 2023

There are numerous factors to contemplate when deciding whether or not to form a captive insurance company. Read about some of the advantages and disadvantages of captive ownership to consider when deciding whether to form a captive insurance company or not. Read More


Letters of Credit (LOCs): The Basics

September 26, 2023

Letters of credit (LOCs) are utilized in a variety of risk management transactions and are the most frequently used type of collateral. An LOC is a legal commitment issued by a bank stating that, upon receipt of certain documents, the bank will pay against drafts meeting the terms of the LOC. Read More