Captive Management
5 Questions for Captive Insurance Companies in 2021
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
Considering the Impact of Risk and Pricing in New Product Development
There is likely to be a push by captive insurance company owners and policyholders to cover some of the risks uncovered by the pandemic. But risk and pricing are critical elements in product development, and captives need to ask if they can rate, price, and adjust these risks properly. Read More
Actuarial Analysis: A Necessary Exercise with Many Potential Benefits
An actuarial analysis is typically required for companies that retain a significant dollar amount of insurance risk, usually through a self-insurance program or a large deductible program, according to Rachel Seale, consulting actuary with Milliman. The actuarial analysis can be useful when a company is considering using a captive insurance company. Read More
Key Facets of Captive Insurance Company Board Assessments
Board assessments can be valuable tools in improving the performance of captive insurance company boards. This article explores reasons why board assessments might be necessary for captive insurance companies, the benefits they can offer, and options for conducting them. Read More
Creating a Culture of Safety Is Critical for Reducing Accident Losses
As employers look to reduce losses due to employee accidents and injuries, making safety part of the organization's culture is essential. The value of making safety part of an organization's culture can be particularly apparent when companies move to captive insurance. Read More