In this podcast episode, Prabal Lakhanpal, vice president, Spring Consulting Group, explains the basics of captive insurance and why a captive may be the right solution for you or your client. Don't miss out on one of the most popular episodes to date in IRMI Podcast.
Captives 101
New to the captive industry? Considering forming your own captive? Recently heard of the captive concept but don’t know where to start?
You’ve come to the right place. We have free, unbiased educational content essential to guiding you on your journey.
Captive 101 Learning Series
OK. So, you’ve come to the right place to learn everything you need to know about captives. But, where to begin? If you’re not sure, start here. This learning series will equip you with a solid foundational understanding of the primary benefits and functions of captives.
Recommended Reading
The History of Captives
What is the origin of captive insurance, and how did the industry get to where it is today? Our timeline reflects the important events that shaped and influenced the development of captive insurance. Follow the history, personalities, regulations, domiciles, and publications that have led to this unique yet integral part of the global insurance landscape.
Captives and the Management of Risk
This is the seminal work on captives and an essential industry text. This book will help you understand what captive insurance is and how it is used as a risk financing mechanism. It reveals the key elements of a captive to consider and why you should consider them.
The Godmother of captives, Kate Westover, will guide you in answering the questions: "If I have a captive, why? If I don't have a captive, why not?”