Captive Basics

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MSI's New Podcast Focuses on Captives and P&C Insurance Agents

Raleigh-based Management Services International (MSI) has released its latest podcast episode titled "Captives, Working with P&C Insurance Agents." The new podcast is available immediately from Maximizing Strategic Income (MSI) on Apple Podcasts, or at the MSI Podcast Library.
March 25, 2020 Read More
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Captive Insurance Planning and the Role of Advisers

Capstone Associated Services' CEO and General Counsel Stewart A. Feldman explains the critical components required for implementing effective alternative risk and captive insurance planning.
February 27, 2020 Read More
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What Is the Difference between Self-Insurance and Captive Insurance?

Captive insurance is a type of self-insurance that is available to most business owners, regardless of the size of their enterprise, that offers all the benefits of a fully self-funded insurance plan while providing additional incentives and a risk management framework.
December 11, 2019 Read More
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Agency Captives Offer Deeper Relationships and Better Insights

For an insurance agency, an agency captive can provide an opportunity to have "skin in the game" of its clients' coverage in exchange for a share of the premiums and investment income the client business generates. The benefits of an agency captive can extend beyond additional revenue streams, however.
December 02, 2019 Read More
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How Does a Captive Insurance Company Work?

A captive insurance company operates in a similar way to a traditional property and casualty insurance company. Find out how a captive insurance company works, according to captive manager Management Services International.
November 20, 2019 Read More
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7 Ways Captive Insurance Companies Provide a Competitive Edge

Based on their balance sheet strength, operating performance, and business profiles, captive insurance companies have consistently outperformed commercial market insurers. Captives can play a positive role and are able to provide a competitive edge to the organizations using them. Find out how.
October 14, 2019 Read More
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5 Reasons Not To Form a Captive Insurer

There are five key questions to ask before deciding whether to form a captive insurance company. We rank the questions in order of importance and provide a road map for prospective captive owners to consider.
August 05, 2019 Read More
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Captive Insurance: Why or Why Not?

There are numerous factors to contemplate when deciding whether or not to form a captive insurance company. Read about some of the advantages and disadvantages of captive ownership to consider when deciding whether to form a captive insurance company or not.
June 10, 2019 Read More

ERM Basics for Group Captives

In this primer for how group captives can begin the enterprise risk management (ERM) process and develop the necessary expertise, we explore why the board should have an ERM committee as well as its responsibilities and charter.
June 05, 2019 Read More
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Can a Captive Insurance Company Insure Employee Benefits?

Increasingly, organizations today utilize some form of captive insurance to fund the costs of employee benefits such as medical and life insurance, accidental death and dismemberment, long-term disability, and retirement. Learn about the advantages and disadvantages of funding benefits through a captive insurance company.
May 06, 2019 Read More
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Forming and Operating a Captive Insurer Involves Constant Change

Captive insurance companies should be in a continual process of evaluation, and captive owners should continually be reviewing and evaluating their captive program's exposures, coverages, and limits of liability to determine how these impact the capital in their captive, according to captive experts.
April 23, 2019 Read More
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How To Set Up a Captive Insurance Company: A 5-Step Primer

How do you set up a captive insurance company? Find out the key steps necessary to successfully establish a captive insurance company on
April 10, 2019 Read More
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Establishing a Captive Insurance Company

According to Mark Sims, vice president of business development at Captive Alternatives, LLC, the process for getting a captive insurance company established can be approached by taking the business owner through the underwriting process, just as it would do if it were buying any insurance.
April 08, 2019 Read More
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What Is a Protected or Segregated Cell Captive?

Captive insurers fall into two main groups. Pure captives are 100 percent owned, directly or indirectly, by their insureds. Sponsored captives are owned and controlled by parties unrelated to the insured. Read on to learn about rental captives and protected cell captives.
March 04, 2019 Read More
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What Are the Key Elements of a Captive Feasibility Study?

What is a captive feasibility study? A feasibility study is a study undertaken to determine whether a contemplated risk financing program is feasible for a particular organization or group of organizations. A study, or a proposal for a captive feasibility study, should always begin by stating its scope and purpose.
February 18, 2019 Read More
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Captive Feasibility: An Actuarial Perspective

According to Rob Walling, principal and consulting actuary with Pinnacle Actuarial Resources, Inc., in the captive feasibility study, a business or a group of businesses may be investigating forming a captive insurance company. One of the first steps in that process is to engage an actuary.
February 13, 2019 Read More
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Selecting a Captive Manager

Stewart Feldman, CEO of Capstone Associated Services, advises that a prospective captive owner should consider a number of factors before selecting a captive management team.
February 06, 2019 Read More
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Considering the Claims Benefits of Captive Insurance

There are numerous claims benefits with captive insurance, according to Lynn Sheils, general counsel of EWI Re. Benefits include the ability to (1) settle claims quickly to protect reputation, (2) litigate claims to set a precedent or to avoid claims piling, (3) choose legal counsel, and (4) control risk costs.
November 05, 2018 Read More
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Why Should You Consider Forming a Captive Insurance Company?

Once just a speck on the commercial insurance market landscape, captive insurance companies have become a mainstream risk management tool. To boost understanding of captives, especially group captives, a panel of experts recently discussed a wide array of captive issues. Read on to learn more!
October 24, 2018 Read More
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Why Should You Do an On-Site Captive Feasibility Study?

Stewart Feldman of Capstone Associated Services says that before undertaking the project of forming a captive insurance company and the payment of hundreds of thousands, if not millions of dollars in annual premiums, most individuals or organizations will do advanced planning and analysis through a captive feasibility study.
October 10, 2018 Read More