Captive Practices and Procedures

 

Make Sure Your Captive Is Built To Last

Learn what it takes to establish a successful captive insurance company—one that sets the standard and withstands the test of time.

Author Kathryn Westover has set up and managed more than 50 successful captives during her 20-plus years of experience. This book explains how captive insurance is used and outlines the decisions and actions that must be made to structure and operate a captive insurance program that withstands market cycles.

When the first edition was printed, buyers of property and casualty insurance were still dealing with the impact of a hard market. The second edition arrives at what may be the tail end of a prolonged soft market cycle.

  • Which type of captives survived the last few years?

  • What are the new types of captive programs that have been developed since the last hard market?

  • How has the increased focus on board responsibilities for corporate governance and transparency impacted captives?

The book has been expanded to address these questions with an additional "accepted practice" specific to how captives invest their assets and a case study that shows how successful captives adapt to a changing operating environment. For the newcomer to captive insurance, there is also a new introduction that defines captive insurance and its purpose and provides an overview of the different types of captives.

If you are wondering, "Is my captive being operated in such a way as to meet my (or my client's) business objectives?" this book is for you. Learn what it takes to establish a successful captive insurance company, one that sets the standard and withstands the test of time!


Purchasing Options

Captive Practices and Procedures

Print Copy - $99

Purchase a printed edition of this book for $99.

Buy Now Request a Demo

user

Online Access: Single User - $49.50/yr.

Get 24/7 online access by subscribing to this product in IRMI Online.

  • Any size agency/brokerage
  • Any size insurance company
  • Any size law firm
  • Risk management department
  • Other organization
  • 5% discount with annual payment of $49.50/yr.
  • Monthly billing is available for $4.39/mo. Please contact Client Services to set this up.



Buy Now Request a Demo

small business

Online Access: Small Business - $99/yr.

Get online access to this product for every person in your small business.

  • Agency/brokerage under $10M in revenue
  • Insurance company under $100M in written premium
  • Law firm under 10 coverage lawyers
  • Risk management department of any size
  • Other organization under 100 employees
  • 5% discount with annual payment of $99/yr.
  • Monthly billing is available for $8.69/mo. Please contact Client Services to set this up.


Buy Now Request a Demo
Large Business

Online Access: Large Business

Get online access to this product for every person in your large business.

  • Agency/brokerage over $10M in revenue
  • Insurance company over $100M in written premium
  • Law firm with 10+ coverage lawyers
  • Other organization over 100 employees
  • 5% discount with annual payment
  • Monthly billing is also available. Please contact Client Services for pricing.

 

Get a Quote Request a Demo

Related Products

Risk FinancingRisk Financing

Easy-to-use-and-understand reference explaining the various funding options for your organization’s risks. Explains reinsurance, alternative markets, and tax and accounting implications of various risk financing mechanisms. Excellent resource for state-specific regulations. Learn more.

CICRCaptive Insurance Company Reports

Since 1977, CICR has been educating captive practitioners on diverse captive topics such as fronting and reinsurance, collateral pressures and options, tax, legal matters and claims, domicile challenges and issues, regulatory developments, and so forth. Sign up today to stay informed! Learn more.

Captives and the Management of RiskCaptives and the Management of Risk

Reveals the types of risk a captive can handle, how to determine if a captive is feasible, how to manage and operate a captive, and more! Learn More.