Captive Basics
Contrasting Risk Retention Groups and Captive Insurance Companies
It is said that while many Risk Retention Group (RRG) are licensed under states' captive insurance company laws, not all captives are RRGs. Learn about the key contrasts of RRGs and other types of captives, including the number licensed, scope of coverage, and interest in formation. Read More
Risk Retention Groups: A Basic Overview
A risk retention group (RRG) is a captive insurance company formed pursuant to the federal Liability Risk Retention Act. This article discusses some of the basics of RRGs, including differences between RRGs and other types of captives. Read More
2022 Was a Good Year for Captives
Driven by a hard insurance market and greater global uncertainty, the captive insurance market saw significant growth during 2022. In addition to new captive owners, many companies already using captives extended the concept to address other risk exposures. Read More
Cell Captives: A Powerful Tool To Manage Risk
Cell captives are one of the many options available to companies interested in exploring captive insurance solutions. Cell captives offer organizations a way to realize all the benefits of a captive solution with significantly lower start-up and operating costs. They also take less time to implement than traditional single-parent captives. Read More
Business Risk and the Captive Insurance Company
As insurance markets harden and risk management costs increase, many business owners are challenging the conventional method of financing business risk. For those business owners who have an appetite for self-insuring their company's risks, forming a captive insurance company will be a useful tool in their risk management process. Read More