Michael J. O'Neill of ACIG discusses the importance of group captive members effectively handling their safety, quality, and document maintenance and retention programs and offers some strategies toward achieving these goals.
For interviewing and selecting a captive insurance company manager, Brady Young of Strategic Risk Solutions says to look for experience in the captive insurance business, familiarity with the domicile, and the capability of the manager.
Joining a captive insurance company is a significant undertaking that requires careful consideration. In this video, Michael J. O'Neill of ACIG advises organizations to involve an unbiased and thorough professional captive insurance consultant when reviewing all elements of the captive insurance company under consideration.
Tax-deductibility of premiums is a key issue for captive insurance companies, and in this video P. Bruce Wright of Eversheds Sutherland (US) LLP discusses how timing is the key factor in this equation.