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Managing a Captive Insurer More Efficiently

Jeremy_Colombik_video
December 18, 2017

A new Captive Thought Leader Video from Management Services International (MSI) titled "How To Manage a Captive More Efficiently" is available for viewing in the Captive.com library.

The video features Jeremy Colombik, president of Management Services International, who says that managing a captive efficiently comes down to having a streamlined approach. A captive manager coordinates multiple pieces, such as actuaries, auditors, regulatory bodies, and financial statement preparation. If a captive manager does not believe it has the resources, it should look at a firm to help with back office support. This gives the captive manager the power to streamline many things for its captive clients including information and claims processing, according to Mr. Colombik.

This section of the site currently features 57 short educational videos by 12 captive insurance experts. Among the topics covered in the 1-3-minute videos are micro-captives, tax issues, captive feasibility, captive domicile selection, choosing an auditor, captive management, group captives, healthcare captives, risk pooling, common myths about captives, how to manage a captive efficiently, what makes a captive successful, and benefits in captives.

Along with Mr. Colombik, the captive insurance experts featured in the videos include the following.

  • John Alberici, chairman, Alberici Corporation

  • Gary Bowers, tax partner, Johnson Lambert

  • Martin Eveleigh, chairman, Atlas Insurance Management

  • Alan Fleming, chairman, Airmic

  • Debbie Liebeskind, actuary, health and group benefits, Towers Watson

  • Michael Maglaras, principal, Michael Maglaras & Company

  • Steven McElhiney, president and CEO, EWI Re, Inc.

  • Michael O'Neill, president and CEO, American Contractors Insurance Group

  • Hugh Rosenbaum, retired principal, Towers Watson

  • P. Bruce Wright, partner, Eversheds Sutherland (US) LLP

  • Brady Young, president and CEO, Strategic Risk Solutions

Each of these captive insurance thought leaders has decades of broad experience with captive insurance companies, and they freely share their expertise in the videos. This constitutes a wealth of information on captive insurance fundamentals that will be especially valuable to newcomers to captive insurance. By watching one or two of these informative videos each day for a month, you will hone your knowledge of captive insurance fundamentals and trends.

There is no cost to view the videos, and you will find them in the Captive Thought Leader Videos section of Captive.com. More videos will be added in the future.

(Pictured above is Jeremy Colombik, president of Management Services International.)

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