Captive Management
Captive Insurance Performance: AM Best Ratings and Benchmarking Insights
Captive insurance companies rely on benchmarking tools to assess financial performance and risk exposure. By comparing key metrics with industry standards, captives can adjust strategies to enhance stability, manage risks effectively, and maintain long-term success in a constantly evolving market. Learn More
How To Move Your Captive Insurer to a Different Jurisdiction
Bruce Wright of Eversheds Sutherland explains that the most common way to move a captive to a different jurisdiction is through a merger, often via redomestication. Organizations also use assumption reinsurance agreements, where the insured transfers liabilities to the new insurer, releasing the old insurer from obligations. Learn More
Investing for Captive Insurance Companies
Investing for a captive insurance company revolves around the level of risk the captive is willing to take, according to Stephen Nedwicki of Comerica Bank. Read More
7 Ways Captive Insurance Companies Provide a Competitive Edge
Captive insurers excel with high dividends, reduced acquisition costs, and quick risk response. Their structure promotes early risk identification and stakeholder alignment. Expected to grow, captives offer customized solutions, outperforming commercial insurers by providing tailored coverage and better claims management, all while being flexible and proactive. Read More
Cannabis and Captive Insurance
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
Why Captives Need To Focus on Culture When Considering Governance
Captive insurers need a strong culture to ensure good governance, aligning values with vendors, continuously evolving, and meeting regulatory standards for stability and success. Read More
The Importance of Vendor Management Best Practices for Captives
Effective vendor management helps captives control costs, reduce risks, and ensure quality service. Key success factors include clear roles, communication, and due diligence. Read More