Articles

5 Reasons Not To Form a Captive Insurer

August 5, 2019

There are five key questions to ask before deciding whether to form a captive insurance company. We rank the questions in order of importance and provide a road map for prospective captive owners to consider. Read More


3 Issues That Potentially Threaten Captive Insurers

July 8, 2019

Captive boards should be vigilant about surveying the environment to identify threats. Early identification and discussion around such matters can help a captive board determine whether future study and/or action is advisable or if the board will add the item to a watch list to be monitored. Read More


Your 6-Step Plan to Captive Optimization

July 3, 2019

Routine maintenance on your captive insurance company is important, just like it is on your car. To gain a holistic view of your captive's performance and evaluate the need for change, captive owners should ask themselves these 6 questions when they are seeking to optimize their captive. Read More


3 Important Components of a Captive Claims Handling Operation

June 26, 2019

Part of a captive insurance manager's responsibilities involves overseeing claims handling protocols for its clients. Since claims are typically the largest cost of running a captive insurer, it is important that the captive insurance manager encourage clients to consider this aspect of the captive's operations early in the formation process. Read More


Captive Insurance: Why or Why Not?

June 10, 2019

There are numerous factors to contemplate when deciding whether or not to form a captive insurance company. Read about some of the advantages and disadvantages of captive ownership to consider when deciding whether to form a captive insurance company or not. Read More


New Guide Emphasizes Importance of Independent Directors for Captives

June 7, 2019

While not legally required in every captive domicile, having an independent board of directors can serve several important roles for captive insurance companies, according to a new analysis. Read More


ERM Basics for Group Captives

June 5, 2019

In this primer for how group captives can begin the enterprise risk management (ERM) process and develop the necessary expertise, we explore why the board should have an ERM committee as well as its responsibilities and charter. Read More


How the United States Became Home to More Captives Than Any Other Country

May 29, 2019

When Vermont lawmakers passed legislation in 1981 to allow captive insurance companies to be set up in the state, they did something unique for a US state: authorize a captive domicile that would compete with Bermuda and the Cayman Islands, the world's biggest domiciles. Now close to 3 dozen US states permit the formation of captives. Read More