Five Key Decisions On Your Captives Journey

We're seeing more organizations considering captives in light of hardening markets for some risks. What key decisions clarify whether captives are appropriate for your risk management programme?

We're seeing more organizations consider captives as part of their risk management programmes driven by a variety of factors; providing coverage for risks markets don't want to cover or are too expensive to obtain, helping better manage risks, reducing overall insurance costs and increasing retention levels to access to markets that would be otherwise inaccessible.

But captive solutions can appear complex and require careful consideration of their likely efficiency and ongoing costs and governance. So, in this insight we suggest five questions that clarify the path to your organization using a captive, illuminating some of the key considerations and opportunities available.