Operations and Management

  Teacher and Students 600x300

Educators Play a Role Attracting Young People to Captive Industry

With no direct feeder system, educators play a key role in top talent finding its way into the captive insurance industry. This article offers the perspective of educators who include captive insurance in their curriculums.
February 03, 2017 Read More
  Job Interview 600x300

Solving the Candidate Interview Puzzle

The typical interview increases the likelihood of choosing the best candidate by less than 2 percent versus no interview. This article will increase your knowledge of the best practices necessary to successfully navigate the candidate interview process.
January 20, 2017 Read More
  Strategic Planning-SF

A Guide to Strategic Planning Environmental Analysis

One of the fundamental building blocks of strategic planning, or for that matter an annual tactical plan, is a complete environmental analysis.
January 09, 2017 Read More
  Conference 600x300

Guide to Captive Insurance Conferences

As we kick off a new year, those who own, manage, or otherwise work with captives are deciding which of the many alternative captive insurance events they will attend. This article discusses the alternatives in general and offers some insights on how to decide which conference(s) to attend.
January 06, 2017 Read More
  WishList2017

Captive Insurance Makes These 11 Wishes for 2017

The Captive.com-IRMI editorial team, with help from others, put together a 2017 new year’s wish list for your consideration.
December 23, 2016 Read More
  White House

The Possible Impact of Tax Reform on RRGs and Captive Insurers

Captive.com editor Dan Labrie recently attended Arent Fox law firm’s seminar on “What to Expect from Our New President and Congress.” After hearing the presentation on the President-elect’s promise of comprehensive tax reform, Mr. Labrie made the following observations.
December 22, 2016 Read More
  Microphones

World Captive Forum 2017 Keynote Speakers Announced

The World Captive Forum Advisory Board has developed an outstanding agenda for the 26th annual World Captive Forum (WCF), to be held January 29–31, 2017, at the Boca Raton Resort & Club, Florida.
December 21, 2016 Read More
  Cybersecurity

5 Coverage Questions for Cyber-Liability in a Captive Insurer

Many captive owners are being asked to consider writing cyber-liability coverage in their captives. The idea has been discussed at numerous captive conferences over the last several years. Additionally, there are dozens of articles available on captive vendor websites that explore the possibility. Reading these articles can lead many owners and board members to conclude that cyber-liability coverage is worthy of pursuing.
December 20, 2016 Read More
  Security Camera

Risk Retention Group for Security Companies A.M. Best Rating Downgraded

A.M. Best has downgraded the Financial Strength Rating of Security America Risk Retention Group, Inc. (SARRG), from B++ (Good) to B+ (Good).
December 19, 2016 Read More
  Stock Market

Legitimate Captive Insurance Companies Are Not Driven by Tax Planning Strategies

Here is a message that needs to be delivered to all those involved in advising, regulating, or legislating tax policy: captive insurance companies are genuine risk management organizations that add value to their owners.
December 16, 2016 Read More
  Flat World Map

Bermuda Responds to "Tax Haven" Charge

Tax reform is on the agenda not only in the United States but elsewhere in the world, as well. A report of Oxfam, a global antipoverty agency, has joined those calling for corporate tax reform, and the Bermuda Business Development Agency responded quickly.
December 14, 2016 Read More
  Rental Application

Captive Insurance Basics: A Guide to Rental Captive Insurers

Rental captives are but one form of a captive insurance company. A captive insurer is an insurance company that is wholly owned and controlled by its insureds; its primary purpose is to insure the risks of its owners, and its insureds benefit from the captive insurer's underwriting profits.
December 13, 2016 Read More
  Building Blocks

Captive Insurance Company Strong Risk Culture Can Be Created

Captive insurance companies and their owners/members, like commercial insurers, face an array of emerging risks. They no longer have the option of just focusing on traditional risks.
December 12, 2016 Read More
  USCapitolBuilding

Captive Insurance Gears Up for Tax Reform

Mark Twain (but also attributed to Gideon Tucker) is quoted as having said, "No man's life, liberty or property are safe while the Legislature is in session." This will be especially true when Congress convenes in the new year and considers tax reform. Tax reform was a hot topic during the recent election, and the Republican majority in the House of Representatives is already gearing up to advance some significant changes in Federal tax law.
December 09, 2016 Read More
  Insurance Risk Definition

Is ORSA a Future Requirement for Captives?

The National Association of Insurance Commissioners (NAIC) adopted the Risk Management and Own Risk and Solvency Assessment (ORSA) Model Act (#505), which was effective January 1, 2015, for certain large insurers and is required for state insurance department accreditation by January 1, 2018.
December 08, 2016 Read More
  Speaker Podium

Captive Insurance/RRG Conference Saturation: Is There a Solution?

Captive insurance association leaders comment on "conference fatigue" as a genuine malady for the captive insurance industry. Is there a solution?
December 07, 2016 Read More
  Technology--Blockchain

Insurance, Technology, and Artificial Intelligence

Technology and Insurance: Are You Prepared for the Coming Disruptions? This was the name for the Pinnacle Actuarial Resources, Inc., APEX webinar on December 1, 2016. The hour-long presentation by Christopher M. Holt, ACAS, MAAA, and Legaré W. Gresham, FCAS, MAAA, focused on six new technologies and their ability to disrupt the liability insurance landscape.
December 06, 2016 Read More
  CICR

Captive Insurance Taxation and Regulation Hot Topics Featured in December CICR

The December 2016 issue of "Captive Insurance Company Reports (CICR)" looks at a current hot topic in the captive insurance community—the new ownership requirements for captives that have elected to be taxed under section 831(b) of the Internal Revenue Code—as well as other captive insurance current concerns.
December 05, 2016 Read More
  Globe

Captive Insurance World: What's Happening Now

Here are some recent and upcoming events in the captive insurance industry that may be of interest to our readers.
December 02, 2016 Read More
  2Mics

Captive Insurance Company Leaders Should Consider Audit Committee Best Practices

Most captive insurance company owners recognize the role an audit committee plays in the general good governance of their captives. However, with the increase in regulatory scrutiny of financial service firms, the importance of a competent and well-educated audit committee cannot be overstated.
December 01, 2016 Read More