What Happens After You Decide to Form a Captive Insurance Company

Captive formation begins with high-level conversations about structure, purpose, and strategic fit—but the real learning often starts once the captive is formed. In our latest video, Courtney Boles of Management Services International discusses the progression from early conceptual learning to understanding the day-to-day responsibilities of running a captive insurance program. During the initial phase, business owners typically explore whether a captive aligns with their risk profile and long-term goals, often revisiting key concepts as brokers, accountants, and financial advisers join the discussion.

Once the organization commits to forming the captive, education shifts to operational execution. This includes learning how claims will be handled, how policies are issued, who participates in management and oversight, and what regulatory deadlines and filings must be met. As noted in the video, the captive manager supports this transition by collaborating with internal stakeholders to outline processes, responsibilities, and communication procedures that support successful captive operations.

📺 Watch the full video on Captive.com for practical insight into navigating the learning curve from strategy to daily captive management.