How Your Company Could Benefit From Captive Insurance In Guernsey

This article was originally published (March 2008) in Director of Finance, Corporate Purchasing, 2008

Your company needs to consider the risks of the business that need to be covered. So, whether independently or via a broker, you pick up insurance cover through the commercial market because, although it might be a long winded and maybe costly exercise there are no other alternatives, right? Wrong. There are other ways and one of those is captive insurance. It can offer several advantages, including reduced costs and unlike the past, these are accessible not just to large public or international companies but now also small to medium sized enterprises (SMEs).