Brown & Brown’s Captive Management and Consulting team takes an innovative approach to addressing your insurance cost, coverage and profit goals. Strategies to help meet those goals can include increasing risk retention through the use of a captive, increasing or decreasing limits of insurance, blending various lines of coverage in an integrated program, or possibly transferring more risk.
Brown & Brown
Captive Management and Consulting Practice
156 College Street
Burlington, VT 05401
Taking a Holistic Approach to Alternative Risk Financing
In today’s highly competitive, margin-driven market, it pays to explore the alternatives to traditional insurance. One alternative is the use of a captive to increase your return on investment. Brown & Brown's Captive Management and Consulting practice will review your insurance buying trends and analyze your data to help you determine if a captive fits your needs. We will provide the resources to help you design and implement an effective and efficient captive solution that addresses your insurance cost, coverage, and profit goals. We manage our resources to provide you with specific, tailored solutions to help you achieve your organizational goals.
We have been successful in radically changing the way our corporate partners finance risk. We’ve been successful in disrupting the industry while focusing on key drivers:
- Improve earnings per share (EPS)
- Optimize the utilization of captive insurers
- Integrate specific excess reinsurance of the captive
- Cap retained losses on a per occurrence and aggregate basis (stop loss)
We have been leading the charge in viewing risk holistically – not just on a line-by-line basis, but rather considering total cost of risk (TCOR) and mitigating the volatility around the aggregated retained level of risk.
The Captive Management and Consulting Practice manages more than 160 insurance entities in all major North American domiciles, and we are ranked among the largest captive managers in the world as measured by number of entities managed and by premium volume. Our comprehensive approach includes the following components:
- Alternative risk consulting
- Financial reporting
- Strategic initiatives
- Policy and coverage review
- Regulatory compliance
- Operational oversight and domicile reviews
- Captive "health checks"
We are the only manager to invest in an annual audit of our policies and procedures and we are proud to have consistently received a clean opinion on our SOC 1 Type 2 Report since 2006.
Leverage the experience and resources of one of the largest captive managers today.
Areas of specialisation:
- Pre - feasibility Studies
- Feasibility Studies
- Domicile analysis and recommendation
- Captive management
- Alternative risk consulting
- Financial and regulatory reporting
- Policy review
- Regulatory and domicile representations
- Brokerage and analytics support
- Critical analysis around risk retention
- Cayman Islands
Peter A. Kranz, CPA
Executive Managing Director
Captive Practice Leader
With more than 25 years of experience, Pete leads Brown & Brown’s Captive Management and Consulting Practice. Areas of expertise include captive and risk finance consulting and all aspects of captive operations. Pete has worked with clients in a variety of industries to develop various unique programs and operating efficiencies.
Matthew D. R. Takamine, CPA
Captive Operations Leader
With more than 20 years of experience, Matt supervises Brown & Brown’s captive operations. He has extensive experience with all aspects of captive operations and specializes in regulatory matters and complex accounting issues.