Does a captive make business sense for your company? Do
you want to learn how to maximize shareholder value through a captive?
Or maybe you just want to learn the basics about captives.
These links will help you move ahead. You asked us for
links to some of the more introductory captive information that we have
throughout the site -- this page brings them all together for your convenience.
| Description |
Sponsor |
October 2009: Freedom
in Captivity. This well-written white paper was
written by Jan Dash and Herman Liburd from the law firm of Liburd
and Dash. A portion of the paper is specific to the captive domicile,
Nevis, but the vast majority of it comprises a cohesive "Captives
101" summary, which is always in high demand at captive.com.
|
Liburd
and Dash, L. P. |
|
October 2009: Introduction
to Risk Finance for Captives. In this 19-page paper,
the author, James Mounty, supplies an in-depth introduction to insurance
and risk financing. Graphs and illustrations make complex ideas clear
and understandable for the novice. The paper not only gives helpful
information on the basics of insurance and risk finance, but then
goes on to apply these concepts with case studies and applications,
including the use of captives to finance risk. This is truly an outstanding
paper. |
Miller
Insurance Services Ltd, London
|
| July 21, 2009: New to captives? Wondering if a captive
makes sense for your business? Just want a refresher course? We have
a course for you! SRS's Captives 101 Webinar
took place back on July 21, but you can download the recording of
this and all SRS webinars at www.strategicrisks.com/webinars.php. |
Strategic Risk
Solutions |
May 2009: "Captives
101: Managing Cost and Risk." This recently-updated
primer defines captives and discusses the forms they can take. The
white paper also describes captive operations, and explores the
reasons for forming a captive, along with the issues to consider
in determining whether a captive is right for your organization.
TRACS:
The Road to Successful Captive Management. Captives
are created to serve their owner-policyholders. Traditional insurance
solvency and ratio standards may not apply to them. Towers Perrin
developed TRACS to help you prudently manage and benchmark your
captive operation.
October 2008: Captive
Insurance Company Glossary in searchable pdf.
This searchable pdf glossary seeks to clarify some of the
terms and jargon used in the captive insurance marketplace.
The intent is to provide a basic understanding of terms for those
unfamiliar with the terminology and a common reference point for
others engaged in more advanced areas of captive application and
theory. In general, this glossary has a U.S. perspective and presents
explanations rather than definitions.
October 2008: CAPTIVE
FEASIBILITY. Could forming a captive lower my
cost of risk? Would a captive provide us with increased capacity
and flexibility of coverage? Would formalizing risk retention via
a captive structure have a beneficial impact on the risk culture
within the company and help get claims under control? Towers Perrin
analysts answer these questions, then lay out the process they use
to implement ERM through the captive feasibility study process.
Great stuff!
|
Towers
Perrin |
| April 2008: "Glossary
of Insurance and Risk Management" (See "Free resources"
area on left side of page to access this glossary.) This is a Wiki
style glossary to which you can add your own terms. |
IRMI
|
| 12/03/2007: Glossary
of Captive Insurance Terms |
Active
Captive Management |
| 12/21/2005: Martin Eveleigh has posted an excellent
article entitled "Segregated
Portfolio Companies -- Glorified Rent-a-Captives?"
A great introduction to this concept. |
Atlas
Insurance Management |
| 15 April 2008: "Captive
Insurance Companies - What to Consider When Establishing and Operating
Captives" by Patrick Theriault [Editor's Note: This
is an outstanding "Captives 101" white paper that we know
you will appreciate, updated to reflect recent changes in the industry.]
15 August 2006: "Medical
Malpractice Insurance Crisis - Alternative Risk Transfer Solutions"
by John O'Brien. [Editor's Note: A primer on ART solutions
that anybody in the medical field needs to read.]
16 November 2005: Captives
and Letters of Credit -- A Happy or Necessary Union? The majority
of captive programs require a letter of credit at some point or
another. This fine article by Patrick Theriault will give you the
background you will need to be conversant on this important subject.
|
Wilmington
Trust Captive Management Services |
| 10 May 2005: Captives:
Why or Why Not? Many articles extol the benefits of captive
formation, but few express any cautionary statements that should be
considered. This white paper exposes both sides of the coin -- you'll
like it! |
Spring
Consulting Group |
| 10 November 2004: A terrific
article written by Conor Jennings entitled, "Virgin
Captives" is awaiting you. This article features a solid
introduction to captive basics, along with an explanation of numerous
advantages offered to captives who domicile in the British Virgin
Islands. |
Caledonian
Insurance Services |
|
Are States Abusing the Registration Process In Violation of the Liability
Risk Retention Act? -- A Risk Retention Reporter interview
with John Harkavy and Heather Ross, reproduced with permission of
Risk
Retention Reporter. Article gives excellent information on regulatory
aspects of RRG's. |
Risk Services |
Captives
in Risk Management
Why Dream
of Captives in Today's Insurance Market? |
Liberty
Mutual |
|
Glossaries:
|
 |
Comerica
Bank Captive Learning Center. This section of the Comerica Bank
captive website contains links to several pages of beginning captive
concepts.
Also, Marty Ellis from Comerica Bank is your instructor for a brand
new course presentation recently activated at CaptiveLearning.com
-- Captive
Collateral Options. The PowerPoint/Audio course
is complimentary, but registration is required. Once the presentation
launches, sit back and enjoy -- you won't even need to touch your
computer keyboard! This presentation does not include testing or
a forum in its aftermath, but should you wish to contact Marty after
listening, his contact information is available from the Comerica
Bank captive website as well as the Captive
Yellow Pages. |
Comerica
Bank Captive Insurance Services |
| These links address general captive
formation questions such as: What types of captives are there? Why
form a captive? How much premium do you need to form a captive,
etc.:
|
Milliman |
| |
Johnson
Lambert & Co. |
| "I
Get By With a Little Help From My Friends" -- Choosing The Right Captive
Service Providers |
From an excellent presentation at the
1998 World Captive Forum -- still relevant today! |
