Why Captives Are Redefining Modern Risk Management

As organisations gain access to ever-greater volumes of data and face an increasingly complex risk landscape, they are seeking insurance solutions that better reflect their risk profiles and evolving needs. We caught up with Tom Hoad, Head of Howden Ventures, to discuss why captives are becoming more important, how the sector is evolving and what that means for businesses and the wider insurance market. 

Data, technology and emerging risks 

Organisations across all sectors have access to more information than ever before. Combined with increasingly sophisticated technology, this is giving leaders deeper insight into their operations, vulnerabilities and risk exposures. As organisations gain a more granular understanding of their own risk profile, they are increasingly looking for insurance solutions that reflect those specific realities.