Captive Basics
Basics of Loss Development Triangles
As a member of the board of a captive insurance company, you have a responsibility to understand the key concepts that underpin how the captive performs. This second in a series of articles continues this educational process, focusing on the concept of loss development. Read More
Key Concepts for Captive Insurance Reinsurance Contracts
We take a look at some key concepts and reinsurance contract clauses that can help minimize the likelihood of a disagreement with your reinsurers. And, should these disagreements arise, the concepts and contract wording can provide additional protection to a captive insurance company. Read More
What Is the Difference between Self-Insurance and Captive Insurance?
Captive insurance is a type of self-insurance that is available to most business owners, regardless of the size of their enterprise, that offers all the benefits of a fully self-funded insurance plan while providing additional incentives and a risk management framework. Read More
Why Should You Consider Forming a Captive Insurance Company?
Once just a speck on the commercial insurance market landscape, captive insurance companies have become a mainstream risk management tool. Read on to learn more! Read More
How Risk Retention Groups Differ from Captives
A risk retention group (RRG) can be an option for insurance buyers facing common challenges in the traditional liability insurance market. An RRG can offer premium savings, options for obtaining difficult-to-get coverages or limits, and incentives for reducing claims activity. Read More