Captive.com logo

Captive Insurance News

Corporate Governance: Free Survey Report

Corporate Regulation and Governance in Captives

A FREE 24-page special survey report from Captive.com

Delve into captive insurance governance matters including board attributes, board structure, and board accountability. With 30 years of insurance experience from the auditing, regulatory, and management side, Derick White, managing director of corporate governance and regulation for Strategic Risk Solutions, offers key insights into captive board governance.

Show Me My Free Survey Report

Captive Insurance for Employee Benefits: "Pioneers" Surveyed

Charting New Territory
May 25, 2016

It has been more than a decade since the first two companies gained prohibited transaction exemptions from the U.S. Department of Labor in 2000 and 2003. A total of 30 companies have since secured prohibited transaction exemptions, and they share their experiences in a white paper recently published by Spring Consulting Group.

Spring's inspiration for the paper, titled "Employee Benefits and Captives: A Look Back at the Pioneers," is to help other companies that are considering adding employee benefits to their captives.

The digital survey conducted by Spring sought to answer a number of questions: What originally motivated the companies to consider providing employee benefits in their captive? Were their intended objectives achieved? What worked well and what did not? What suggestions could they offer other companies?

The survey respondents answered five basic and important questions:

  • What were the anticipated financial advantages of adding benefits to your captive?

  • What were the perceived nonfinancial advantages of adding benefits in your captive?

  • Are you considering including additional benefit coverage lines in your captive?

  • What new and emerging risks (beyond employee benefits) are you considering for inclusion in your captive?

  • What were the biggest challenges you encountered along the way?

To see how your captive may benefit from adding employee benefits, visit the Spring website and download the paper. Registration is required.

Captive Insurance Company Reports
Follow Captive.com on Twitter

Twitter Feed