Hugh Rosenbaum Videos

Hugh Rosenbaum
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Mr. Rosenbaum is known for his articles in Captive Insurance Company Reports, Captive Review, and his "Hugh's Views." He was coauthor of the original monograph Generally Accepted Captive Standards. He was awarded the first Distinguished Service Award from Captive Insurance Companies Association and is an honorary member of Vermont Captive Insurance Association. He lives in London, where he is still consulting to captive boards and owners while struggling with the incoming tide of Solvency II. He is best known for his efforts to demonstrate to finance directors, tax courts, and skeptical journalists the value added by captive insurance companies.


  • Why Captive Business Is the Best Business

     
    Captive Feasibility | Captive Operations & Services | Hugh Rosenbaum | Retired Principal of Towers Watson

    "Captive Business Is the Best Business” has been a mantra of risk professionals since the early days of captive insurance. Captive insurance pioneer Hugh Rosenbaum explains the rationale behind the mantra, which largely relates to the degree of underwriting control captive owners may exercise.



  • Group Captive Characteristics & Success Factors

     
    Group Captives | Hugh Rosenbaum | Retired Principal of Towers Watson  

    One of the pioneers of the captive insurance movement discusses the characteristics of group and association captive insurance and describes some of the key factors of success for association and group captives. Hugh Rosenbaum discusses how the degree of control by outside parties, such as captive managers or insurance brokers, and the size of the captive affect the characteristics of these captive insurers. The key success factors for association and group captives are a sense of urgency among the group to solve its risk finance problems, ownership or control of the captive by the insureds, a long-term commitment with minimal attrition by the insureds, appropriate exit provisions, an understanding of the upsides and downsides of risk sharing and loss sharing, and careful underwriting.