Evaluating Captive Insurance: Practical Questions Every Organization Should Ask

When organizations begin asking whether a captive insurance company is the right solution, the answer depends on far more than premium volume. In this episode of The Edge of Risk Podcast by IRMI, T.J. Scherer, vice president at Spring Consulting Group, explains how organizations should evaluate their risk profile, capital position, long-term business objectives, and overall readiness before pursuing a captive.

The conversation examines common misconceptions surrounding captive formation, discusses when a captive may not be the best option, and outlines what organizations can expect from a feasibility study. Mr. Scherer also explains how leadership alignment, strategic planning, and thoughtful risk financing decisions contribute to building a captive program that supports long-term organizational goals rather than simply seeking short-term premium savings.

Hear the full conversation on Captive.com to learn how organizations can evaluate captive insurance opportunities, interpret feasibility study results, assess financial and strategic considerations, and determine whether a captive aligns with their long-term risk management objectives.