Articles
5 Reasons Not To Form a Captive Insurer
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
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
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
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?
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
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
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
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