Articles

Captive insurance companies pursue credit ratings to strengthen corporate governance, improve transparency, and reduce costs. A strong rating reassures reinsurers and fronting companies, potentially lowering fees and premiums. Additionally, captives use the rating process to benchmark performance and gain insights into financial health and best practices. Read More

Captive insurance company boards must go beyond financial literacy and develop a solid understanding of key actuarial principles. Actuarial literacy enables better oversight of reserves, pricing, and risk strategy—helping captives stay solvent and effective. Training and clear communication with actuaries are essential for modern governance. Read More

In this article by Robert Walling, Pinnacle Actuarial Resources, he discusses how the use of a peer review of the consulting actuary's work results in better corporate governance. Given the lack of insurance expertise on many captives' board of directors, the use of a peer review is certainly justified. Read More

Captive insurers must adapt to demographic and technological changes by developing a robust talent acquisition strategy. With millennials becoming the dominant workforce, strategies must focus on tech skills, diversity, and strong employer branding. Effective engagement and proactive succession planning are key to maintaining competitiveness and operational efficiency. Read More

Cash is king. This is especially true for captive insurers, since they typically have fewer margins for error. Captive board members should understand their captive's cash flow, so let's discuss some key areas for exploration and understanding. Read More

Increasingly, organizations today utilize some form of captive insurance to fund the costs of employee benefits such as medical and life insurance, accidental death and dismemberment, long-term disability, and retirement. Learn about the advantages and disadvantages of funding benefits through a captive insurance company. Read More

Several trends are creating exciting opportunities for positions on boards of directors, including those of captive insurance companies. Learn about these trends and position yourself for success. Read More

Despite the flourishing US cannabis market, federal and state law conflicts hinder insurance for cannabis businesses, making coverage scarce and costly. Captive insurance continues to fill the gap amid this uncertainty. Read More