Strategic Insights on International Captive Insurance

In this episode of The Edge of Risk podcast by IRMI, Steven Bauman, head of global programs and captive practice at AXA XL, joins host Joel Appelbaum to discuss how multinational companies can take a strategic approach to global captive insurance. Drawing on more than 35 years in the industry, Mr. Bauman shares insights into how captives can be structured for long-term growth, diversified across lines of business, and aligned with corporate objectives.

The discussion also explores the regulatory complexity of operating captive insurance companies across multiple jurisdictions, the critical role of strong partnerships, and how emerging risks like cyber threats, climate exposures, and supply chain disruptions are shaping global captive utilization. Whether your organization is expanding an existing captive or exploring new captive insurance domiciles, this episode offers actionable perspectives on optimizing captive insurance in an increasingly interconnected world.