Articles
How a Captive Insurer Can Drive Superior Cost of Risk Results
Captive insurers can be used to support both strategic and tactical risk management initiatives to drive superior cost of risk results. Some strategies include tangible costs, while others are intangible. Glenn Peterson of EWI Re identifies and discusses intangible issues that can become tangible, thereby adding to an organization's cost of risk. Read More
The Challenge of Managing Millennials
Managing millennials can be challenging for human resources departments. Many myths and broad generalizations about this generation have emerged. However, there are risks involved with relying too heavily on generalizations for managing any particular demographic. Read More
Why Captive Investment Manager Due Diligence Matters
With the recent revelations concerning the issues at Guggenheim Partners and the New York state pension fund, captive insurers should consider how they conduct investment manager due diligence. Find out what precipitated the scandal and how captive insurers should consider conducting due diligence on money managers. Read More
5 Key Pillars of Captive Insurer Corporate Governance
As a captive owner or board director, what are the primary components of captive corporate governance? In this article, we look at five key pillars of corporate governance and provide a brief description of each facet. Read More
Can the Black-Scholes Model Be Used for Captive Insurance Premiums?
Pinnacle Actuarial Resources' Derek Freihaut and Tim Mosler share their thoughts on the viability of applying a specific mathematical model, Black-Scholes, in estimating the maximum premium appropriate for a captive insurance company. Should the Black-Scholes pricing model be used to estimate captive insurance premiums? Read More
Captives in the Construction Industry
A recent Strategic Risk Solutions webinar explored the topic of alternative risk transfer and captives in the construction industry and examined construction industry trends and competitive landscape and insurance market challenges and solutions for insuring construction risk. Read More
Special Purpose Vehicles (SPVs) Defined
Most captive insurance company owners/directors have heard the terminology "special purpose vehicles" or "SPVs." However, many do not have a good working understanding of what these entities are. In this article, we provide a definition and identify several key attributes of SPVs. Read More
NAIC Proposed Insurance Data Security Model Law Explained
Eversheds Sutherland explains the National Association of Insurance Commissioners (NAIC) proposed Insurance Data Security Model Law that tracks language from New York's regulation. In lieu of the New York regulation's specific and nuanced requirements, the proposed model law requires licensees to determine which controls listed in the law are appropriate for them. Read More