Captive Insurance News

Corporate Governance: Free Survey Report

Corporate Regulation and Governance in Captives

A FREE 24-page special survey report from

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

Using Captive Insurance as Part of a Global Risk Management Strategy

Steven Bauman, head of global programs and captive practice in North America, AXA XL
July 22, 2020

A new Captive Thought Leader Video featuring Steven Bauman, head of global programs and captive practice, North America, AXA XL, titled "Using Captives in Global Insurance Programs," has recently been added to the video library.

According to Mr. Bauman, there is a long history of organizations using captive insurance companies to enhance their global risk management strategies.

A key component of global captive programs is compliance, which is a necessity for any multinational corporation due to the worldwide regulatory infrastructure that governs insurance, he says.

Because captive insurance companies operate with a very narrow license, they have a very limited jurisdiction, Mr. Bauman says. While the captive may issue a master insurance policy, local policies are often needed around the world. From a risk management and regulatory perspective, he says, it is important for the overall corporation that the local policies are coordinated correctly.

Working with a global partner to coordinate the various components of a global captive program, according to Mr. Bauman, organizations can extend the reach of their captive insurance company to many more areas than they would be able to normally.

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

(Mr. Bauman is pictured above.)

Related Videos

Captive Insurance Company Reports
Follow on Twitter

Twitter Feed