We focus a lot on the importance of retaining top employees. It reduces cost, increases productivity, builds trust and camaraderie-and the list goes on. However, we rarely discuss the elephant in the room: everyone eventually quits, even your best employee.
These three thoughts can help determine if you are ready to serve on a captive board of directors. Building from a "Harvard Business Review" article, we offer three other ways to determine if you should consider seeking a board role.
Treasury recently issued new proposed and final regulations on the base erosion anti-abuse tax (BEAT). The new provisions provide some helpful news to captive insurance companies.
What is leader's intent all about, and why does it have practical implications for captive insurance companies? This basic primer answers the what, why, and how of the leader's intent management technique.
Captive insurance is a type of self-insurance that is available to most business owners, regardless of the size of their enterprise, that offers all the benefits of a fully self-funded insurance plan while providing additional incentives and a risk management framework.
In this review of the new Federation of European Risk Management Associations white paper on artificial intelligence (AI) and risk management, we specifically look at the eight-step process recommended in the study for beginning the AI journey. We also make suggestions for how captives may begin to embrace this technology.