Macquarie Introduces Rent-a-Captive Solution for Insurance Clients

In a statement, Macquarie said it has launched a new rent-a-captive insurance solution, expanding its client services for property and casualty risks.

"Macquarie joining the rent-a-captive market provides an opportunity for our clients to simplify their insurance needs," said Nick Wilski, global head of Macquarie Insurance Facility. "By offering clients the opportunity to leverage the benefits of captive insurance, without the operational burden, we're providing an efficient, flexible, and tailored insurance solution."

Macquarie's rent-a-captive service expands its insurance portfolio. Earlier this year, Macquarie also secured approval as a Lloyd's cover holder and established a binding authority agreement with Mosaic Insurance. Currently, Macquarie Insurance Facility aggregates approximately $1.6 billion in annual premium spend from private equity, infrastructure, energy, and real estate clients worldwide, making it one of the largest insurance aggregators globally, according to the statement.