|
Captive Resource Center
Businesses and Associations
Research & Information
|
 |
|
| 1.
Are you participating in
this survey on behalf of
a single-parent captive? |
|
|
|
|
|
Response Percent |
Response Total |
|
|
 |
73.5% |
25 |
|
|
|
26.5% |
9 |
| Total Respondents |
34 |
| (skipped this
question) |
0 |
|
|
|
|
|
|
|
| 2.
How seriously have you been
considering placing employee
benefits (EB) into your
captive? (Choose one answer) |
|
|
|
|
|
Response Percent |
Response Total |
| |
|
Not
at all or I’ve done some light reading |
|
|
17.6% |
3 |
| |
|
Have
done some serious reading about
the subject |
|
|
35.3% |
6 |
| |
|
Have
had discussions within my organization
including other departments about
this |
|
|
11.8% |
2 |
| |
|
Am
considering doing a feasibility
study of placing EB into my captive |
|
|
5.9% |
1 |
| |
|
Have
engaged a study to evaluate the
feasibility |
|
|
11.8% |
2 |
| |
|
Have
finished the study; will not place
EB into my captive |
|
|
0% |
0 |
| |
|
Have
finished the study; looking to place
some EB into the captive |
|
|
11.8% |
2 |
| |
|
Already
have placed EB into my captive |
|
|
5.9% |
1 |
| Total Respondents |
17 |
| (skipped this
question) |
17 |
|
|
|
|
|
|
|
| 3.
What EB benefits are the
best candidates to put into
a captive? (Select all that
apply) |
|
|
|
|
|
Response Percent |
Response Total |
|
|
Non-U.S. benefits |
|
|
11.8% |
2 |
|
|
Group term life |
|
|
52.9% |
9 |
|
|
Disability |
|
|
47.1% |
8 |
|
|
Medical for active employees |
|
|
29.4% |
5 |
|
|
Post-retirement medical |
|
|
5.9% |
1 |
|
|
Non-qualified benefit plans |
|
|
11.8% |
2 |
|
|
Not sure |
|
|
17.6% |
3 |
|
|
No opinion |
|
|
5.9% |
1 |
|
|
None of these |
|
|
5.9% |
1 |
|
|
Other (please specify) |
|
|
23.5% |
4 |
| Total Respondents |
17 |
| (skipped this
question) |
17 |
|
|
|
|
|
|
|
| 4.
If you are seriously considering
or are already using a captive
to write EB, what are the
primary three reasons?
Click one, two, or three
options only. |
|
|
|
|
|
Response Percent |
Response Total |
|
|
Cost reduction |
|
|
56.2% |
9 |
|
|
Improved cash flow |
|
|
50% |
8 |
|
|
Control of assets |
|
|
31.2% |
5 |
|
|
Improved underwriting |
|
|
6.2% |
1 |
|
|
Tax advantages |
|
|
31.2% |
5 |
|
|
Improve centralized program control |
|
|
25% |
4 |
|
|
Improve data |
|
|
12.5% |
2 |
|
|
Improve claims control |
|
|
18.8% |
3 |
|
|
No comment/not sure |
|
|
12.5% |
2 |
|
|
Do not use/not considering using
a captive to write EB? |
|
|
6.2% |
1 |
|
|
Other (please specify) |
|
|
6.2% |
1 |
| Total Respondents |
16 |
| (skipped this
question) |
18 |
|
|
|
|
|
