Captive Management

What Makes a Captive Insurance Company Successful

July 19, 2017

Jeremy Colombik, president of Management Services International, states that five factors come into play to make a captive insurance company successful: (1) determining the type of risk to put into the captive (actuaries/underwriters), (2) minimizing commercial insurance costs, (3) better risk management, (4) increasing risk awareness, and (5) tax benefits. Read More

How To Manage a Captive More Efficiently

July 15, 2017

Managing a captive efficiently comes down to having a streamlined approach. Captive managers coordinate multiple pieces such as actuaries, auditors, regulatory bodies, and financial statement preparation. A captive manager may want to look at a firm to help with back office support, according to Jeremy Colombik of Management Services International. Read More

Insurance in 2030: Use Scenario Planning To Plot a Course

May 24, 2017

What does insurance look like in 2030, and what should captives be concerned with? In this guide, you'll learn how to begin to answer this question through scenario planning and some of the longer-term trends that should be considered. Read More

Insurance in 2030: Questions for Captives To Ponder

May 15, 2017

Technology and changing demographics will instigate profound changes on risk and insurance in the future. What will insurance look like in 2030, and where do captives fit in? In this guide, you'll learn how to begin to answer this question and what are some of the trends you should consider. Read More

The Sharing Economy and the Role for Captive Insurance

April 17, 2017

The sharing economy introduces new business models and risk attributes that create unique issues for traditional property-casualty insurers. Sharing economy businesses are turning to captive insurers to fill these needs. Learn what the sharing economy is and how captives are being employed to manage the risks. Read More