Captive Basics
Podcast Examines How Captives Weather Insurance Market Cycles
The latest IRMI Podcast on the International Risk Management Institute's (IRMI) and Captive.com's Captive Podcasts pages features Matthew Queen, owner of The Queen Firm, LLC, discussing how to use captive insurance to manage insurance market cycles. Mr. Queen is the author of Modern Captive Insurance. Learn More
Forming and Operating a Captive Insurance Company
The initial process of forming a captive involves a few basic but important steps. First, identify your insurance/risk problem or opportunity and then interview and select a domicile-approved captive management firm. Your captive manager will play a critical role in guiding you through the process. Learn More
Captive Insurance Basics
Captive insurance refers to a subsidiary corporation established to provide insurance to the parent company and its affiliates. A captive insurance company represents an option for many organizations that want to take financial control and manage risks by underwriting their own insurance rather than paying premiums to third-party insurers. Read More
The Evolution of Captives
Captives have increasingly become rooted into the DNA of businesses around the world. They have evolved from a risk financing alternative solely for the largest corporations looking to self-insure where the traditional insurance market was insufficient to an option for companies of all types and sizes. Read More
Contrasting Risk Retention Groups and Captive Insurance Companies
It is said that while many Risk Retention Group (RRG) are licensed under states' captive insurance company laws, not all captives are RRGs. Learn about the key contrasts of RRGs and other types of captives, including the number licensed, scope of coverage, and interest in formation. Read More
Risk Retention Groups: A Basic Overview
A risk retention group (RRG) is a captive insurance company formed pursuant to the federal Liability Risk Retention Act. This article discusses some of the basics of RRGs, including differences between RRGs and other types of captives. Read More
2022 Was a Good Year for Captives
Driven by a hard insurance market and greater global uncertainty, the captive insurance market saw significant growth during 2022. In addition to new captive owners, many companies already using captives extended the concept to address other risk exposures. Read More