Captive Strategic Planning Best Practices
Captive strategic planning is more than just "what coverage should we write next?" But how should captive owners go about crafting a plan? How can they avoid a planning exercise that wastes time and money but only creates an overwhelming "paralysis by analysis"? In this video, Jesse Olsen, director, Strategic Risk Solutions, highlights best practices of captive planning and execution, which include structured time commitment for participants, finite cost for the planning and execution engagement, evaluation of all aspects of the captive, a plan that is focused and executable, and limited action items to catalyze success.