Tips for Group Captive Success

 
Captive Operation and Services | Group Captives | Michael O’Neill | CEO & President | ACIG

An important thing to keep in mind in order to successfully run a group captive insurance company, according to Michael J. O'Neill of ACIG, is that its members need to be effectively handling their safety, quality, and document maintenance and retention programs. Strategies toward achieving these goals include networking committees, benchmarking, and competitive ranking within the group so that each member is striving to improve loss outcomes in its own retention layer as well as in the group's pooled loss layer.