In this follow-up to our earlier article titled "Captive Insurance Company Culture and Values Matter," we explore how culture and values interact with the need to attract new talent into the captive insurance industry.
Michael J. O'Neill of ACIG explains the importance of having an onboarding process in place for new members of a group captive insurance company. This will serve to open up communication channels while highlighting changes to the new member's insurance program.
For interviewing and selecting a captive insurance company manager, Brady Young of Strategic Risk Solutions says to look for experience in the captive insurance business, familiarity with the domicile, and the capability of the manager.
Joining a captive insurance company is a significant undertaking that requires careful consideration. In this video, Michael J. O'Neill of ACIG advises organizations to involve an unbiased and thorough professional captive insurance consultant when reviewing all elements of the captive insurance company under consideration.