Captive Management

Sometimes Mother Nature provides an excellent lesson in probability. This past week, it was the catastrophic failure of the Texas power grid due to extreme cold weather. It is a reminder that captive insurance company managers and board members need to have a working knowledge of probability and statistics. Read More

Forward-looking models being used by insurers and reinsurers to better understand changing and increasing risks could benefit some captive insurance companies. In a hardening reinsurance market, captives whose management and boards are educated on the topic could have an advantage when meeting with underwriters. Read More

With the beginning of a New Year, here are five questions captive insurance companies should consider as they survey the operating environment in 2021. Areas covered by the questions include reinsurance markets, investments, personnel, regulation, and strategy and planning. Read More

As the world grapples with new spikes of the COVID-19 pandemic, it's important to consider the disruptions such global crises can cause to organizations' supply chains. The COVID-19 pandemic created severe disruptions for many organizations' supply chains, and it's likely that a similarly disruptive event will occur in the future. Read More

Corporate governance is critically important for captive insurance companies, as well as the managers and other service providers the captive employs. It's the captive's owner, though, that bears the ultimate responsibility for governance. The captive owner is responsible for operating a regulated insurance company and the associated compliance. Read More