Articles

Captive Insurance: Why or Why Not?

September 29, 2023

There are numerous factors to contemplate when deciding whether or not to form a captive insurance company. Read about some of the advantages and disadvantages of captive ownership to consider when deciding whether to form a captive insurance company or not. Read More


Employee Benefits in Captives: The Basics

September 21, 2023

A small but growing number of employers are tapping their captive insurance companies to fund employee benefit risks with a goal of reducing costs. This article reviews the basics, including the main drivers and the US Department of Labor approval process. Read More


Captive Insurers Need To Ask Investment Managers More Meaningful Questions

July 13, 2023

Alton Cogert, president and chief executive officer of Strategic Asset Alliance, offers the four specific questions that will lead to a more meaningful and useful investment manager meeting. Read More


Contrasting Risk Retention Groups and Captive Insurance Companies

June 19, 2023

It is said that while many Risk Retention Group (RRG) are licensed under states' captive insurance company laws, not all captives are RRGs. Learn about the key contrasts of RRGs and other types of captives, including the number licensed, scope of coverage, and interest in formation. Read More


Risk Retention Groups: A Basic Overview

June 16, 2023

A risk retention group (RRG) is a captive insurance company formed pursuant to the federal Liability Risk Retention Act. This article discusses some of the basics of RRGs, including differences between RRGs and other types of captives. Read More


Redirect Health and Risk Management Advisors Partner To Offer New Health Plans for Small and Medium-Sized Businesses

March 7, 2023

Redirect Health, a platform that creates and manages healthcare solutions and products that meaningfully improve access and affordability for businesses and employees, has partnered with Risk Management Advisors, Inc., a leading national firm specializing in the design, implementation and management of captive insurance companies and self-insured plans. The collaboration comes as Redirect Health looks to add health plan products that lower the cost of premiums and out-of-pocket costs for small and medium-sized businesses (SMBs). Read More


From Good to Great: How Group Captives Help Members Manage Risk

January 5, 2022

Commercial insurance doesn't have to be just a reactive mechanism to pay for losses. Insurance programs can be a proactive device that empowers companies to control losses, minimize injuries and fatalities, and make their workplaces safer. Read More


Why Your Captive Insurance Company Board Needs To Be Actuarially Sound

July 27, 2020

In today's environment, it's imperative that a captive insurance company board, or at least a number of board members, be actuarially sound. Take a look at what captive board members should know about actuarial analysis and why as well as actuarial terms board members should understand. Read More