What is leader's intent all about, and why does it have practical implications for captive insurance companies? This basic primer answers the what, why, and how of the leader's intent management technique.
For an insurance agency, an agency captive can provide an opportunity to have "skin in the game" of its clients' coverage in exchange for a share of the premiums and investment income the client business generates. The benefits of an agency captive can extend beyond additional revenue streams, however.
Captive insurance planning has the potential to help mitigate reputational risk as the burgeoning #MeToo movement continues to spread and more people are implicated. It is a tailored approach that could mean the difference between financial ruin and resilience.
People often have an issue that causes them to consider moving their captive insurance company to a different jurisdiction, according to Bruce Wright.