Providing Captive Management Services Internationally

Captive insurance companies are accounting for an ever-increasing share of worldwide corporate insurance premiums, and captive insurance business is as international as the insurance market itself.

The services required of captive management companies are continually expanding, to enable the demands of the captive owner to be satisfied. The majority of captives nowadays transact business with several countries, and have direct relationships with insurers, reinsurers, insureds, brokers and other service providers on a worldwide basis.

The true internationality of captives, however, cannot be derived from simple statistics; the fact is that the role of the captive insurance company is changing rapidly, the number of risks underwritten is increasing, and the captive is in many cases becoming the focal point for the risk financing and insurance needs of large multinational corporations.