Articles
Parallel Cloud Computing: Making Massive Actuarial Risk Analysis Possible
Machine learning is spreading quickly across many industries, including the insurance sector with applications in actuarial analysis, and is showing promising results for making better predictions and automating manual tasks. Advances in cloud computing provide the ability to speed up the time it takes to do so. Read More
Parametric Coverage: A New Spin on an Old Product
Parametric coverage is not an indemnification product. Instead, with parametric coverage, a benefit payable is determined in advance of the policy purchase by estimating the loss as accurately as possible, subject to certain conditions being satisfied. The policy cost is based on a predetermined trigger. Read More
Data Analytics for Captive Insurers: Key Considerations
Data analytics and predictive modeling continue to evolve. Captive insurers are advised to understand the concepts and costs involved. Data analytics can help optimize the captive's risk appetite and risk portfolio. Read More
You Own a Captive Insurance Company, Now What?
It is important that new captive owners know what to expect from their captive manager to ensure the captive insurance company is running in a profitable manner and in full compliance with the chosen captive domicile's laws and regulations. Read More
Business Interruption Insurance: A Basic Primer
A captive insurer should have business interruption coverage, as should its members. Editor John Foehl reviews basic questions for consideration when buying or providing coverage for business interruption insurance in this basic primer for captive insurers. Read More
3 Thoughts for Captive Boards and Management To Consider
Does your captive board practice strategic visioning or generative thinking as part of its normal meeting? Do you have trouble identifying topics to use in these discussions? Here are 3 thoughts that might warrant further exploration by your board and management team as part of this process. Read More
Inflation: Captive Insurers, Beware of What You Wish for
Beware of what you wish for-captive insurers are impacted by inflation in a number of ways, and the results are typically not good. The benign inflation of the past 5 years may have led captive insurers to become complacent. Here is why you need to reexamine your inflation risk mitigation strategy. Read More
Where Will the Captive Insurer Talent Come from?
The "MarketWatch" article "Job Openings Hit Record High at Start of 2018" shows how the war for talent is well under way. Captive insurers that have not started developing and implementing a strategy for recruiting new professionals face real impediments to finding new professionals to hire. Read More