Three Critical Success Factors for Group Captives

February 17, 2016

Michael J. O’Neill of ACIG names three critical factors needed for a group captive insurance company to succeed: a clear and concise mission statement about the entity’s purpose, a well-defined corporate governance policy concerning day-to-day operations and strategic goals, and transparency in terms of the investments that each member must buy into when becoming an insured.

Subscribe to the Captive Wire daily newsletter and get the FREE report A Guide to Getting Started in Captive Insurance. Get insight into a broad variety of essential captive insurance concepts, including differences between captive insurance and self-insurance, how captives work, cell captives, how to set up a captive, and tax elections.


February 17, 2016