Operations and Management

  Job Interview 600x300

Interview for Success, and Avoid the Legal Pitfalls

Anyone involved in the hiring process must understand that asking the wrong questions or making improper inquiries can lead to discrimination or wrongful discharge lawsuits, and these suits can be won or lost based on statements made during the interview process. Thus, it is important to incorporate risk management into your interviewing process to help minimize your firm's exposure to employment practices liability. This article provides practical recommendations for effective and legal interviewing.
April 19, 2017 Read More
  Sharing Economy-SF

The Sharing Economy and the Role for Captive Insurance

The sharing economy introduces new business models and risk attributes that create unique issues for traditional property-casualty insurers. Sharing economy businesses are turning to captive insurers to fill these needs. Learn what the sharing economy is and how captives are being employed to manage the risks.
April 17, 2017 Read More
  Global Technology-2-SF

Big Data—What Captives Need To Understand

With the advent of the Internet, the ability to collect vast quantities of information on people and things began. The rapid expansion of low-cost storage allowed all of this data to be harvested and analyzed for new insights into risk. This article explores what big data is and what captives need to understand.
April 10, 2017 Read More
  Performance Review-SF

Formal Performance Review Best Practices

Managers who are effective at reviewing others' performance understand how essential the formal performance review process is, prepare carefully, and do a thorough job. Managers who are not particularly effective avoid this part of their role, push it off onto others, or do a poor job.
April 04, 2017 Read More
  Job Interview 600x300

Best Practices in Hiring

If a job candidate looks good on paper and performs well in the interview, one would naturally assume the candidate would be a good fit for the job. While it sounds logical, it doesn't always work out that way, and good managers will take their hiring processes to a higher level.
March 31, 2017 Read More
  Businessman New Technology-SF

Top Trends in Insurance Industry Disruption

Captive owners should seek to understand how technology changes are reshaping the insurance industry and contemplate the implications for their captives. This article touches on the fundamental changes that insurtech may bring to the insurance industry and what the future may hold for captives.
March 29, 2017 Read More
  Teacher and Students 600x300

Educators Play a Role Attracting Young People to Captive Industry

With no direct feeder system, educators play a key role in top talent finding its way into the captive insurance industry. This article offers the perspective of educators who include captive insurance in their curriculums.
February 03, 2017 Read More
  Job Interview 600x300

Solving the Candidate Interview Puzzle

The typical interview increases the likelihood of choosing the best candidate by less than 2 percent versus no interview. This article will increase your knowledge of the best practices necessary to successfully navigate the candidate interview process.
January 20, 2017 Read More
  Strategic Planning-SF

A Guide to Strategic Planning Environmental Analysis

One of the fundamental building blocks of strategic planning, or for that matter an annual tactical plan, is a complete environmental analysis.
January 09, 2017 Read More
  Conference 600x300

Guide to Captive Insurance Conferences

As we kick off a new year, those who own, manage, or otherwise work with captives are deciding which of the many alternative captive insurance events they will attend. This article discusses the alternatives in general and offers some insights on how to decide which conference(s) to attend.
January 06, 2017 Read More
  WishList2017

Captive Insurance Makes These 11 Wishes for 2017

The Captive.com-IRMI editorial team, with help from others, put together a 2017 new year’s wish list for your consideration.
December 23, 2016 Read More
  White House

The Possible Impact of Tax Reform on RRGs and Captive Insurers

Captive.com editor Dan Labrie recently attended Arent Fox law firm’s seminar on “What to Expect from Our New President and Congress.” After hearing the presentation on the President-elect’s promise of comprehensive tax reform, Mr. Labrie made the following observations.
December 22, 2016 Read More
  Microphones

World Captive Forum 2017 Keynote Speakers Announced

The World Captive Forum Advisory Board has developed an outstanding agenda for the 26th annual World Captive Forum (WCF), to be held January 29–31, 2017, at the Boca Raton Resort & Club, Florida.
December 21, 2016 Read More
  Cybersecurity

5 Coverage Questions for Cyber-Liability in a Captive Insurer

Many captive owners are being asked to consider writing cyber-liability coverage in their captives. The idea has been discussed at numerous captive conferences over the last several years. Additionally, there are dozens of articles available on captive vendor websites that explore the possibility. Reading these articles can lead many owners and board members to conclude that cyber-liability coverage is worthy of pursuing.
December 20, 2016 Read More
  Security Camera

Risk Retention Group for Security Companies A.M. Best Rating Downgraded

A.M. Best has downgraded the Financial Strength Rating of Security America Risk Retention Group, Inc. (SARRG), from B++ (Good) to B+ (Good).
December 19, 2016 Read More
  Stock Market

Legitimate Captive Insurance Companies Are Not Driven by Tax Planning Strategies

Here is a message that needs to be delivered to all those involved in advising, regulating, or legislating tax policy: captive insurance companies are genuine risk management organizations that add value to their owners.
December 16, 2016 Read More
  Flat World Map

Bermuda Responds to "Tax Haven" Charge

Tax reform is on the agenda not only in the United States but elsewhere in the world, as well. A report of Oxfam, a global antipoverty agency, has joined those calling for corporate tax reform, and the Bermuda Business Development Agency responded quickly.
December 14, 2016 Read More
  Rental Application

Captive Insurance Basics: A Guide to Rental Captive Insurers

Rental captives are but one form of a captive insurance company. A captive insurer is an insurance company that is wholly owned and controlled by its insureds; its primary purpose is to insure the risks of its owners, and its insureds benefit from the captive insurer's underwriting profits.
December 13, 2016 Read More
  Building Blocks

Captive Insurance Company Strong Risk Culture Can Be Created

Captive insurance companies and their owners/members, like commercial insurers, face an array of emerging risks. They no longer have the option of just focusing on traditional risks.
December 12, 2016 Read More
  USCapitolBuilding

Captive Insurance Gears Up for Tax Reform

Mark Twain (but also attributed to Gideon Tucker) is quoted as having said, "No man's life, liberty or property are safe while the Legislature is in session." This will be especially true when Congress convenes in the new year and considers tax reform. Tax reform was a hot topic during the recent election, and the Republican majority in the House of Representatives is already gearing up to advance some significant changes in Federal tax law.
December 09, 2016 Read More