Marsh Captive Solutions

Marsh Captive Solutions
1166 Avenue of the Americas
New York, NY 10036
212 345 5000

Profile:

As the world’s largest captive manager, Marsh Captive Solutions helps organizations of all sizes retain risks through comprehensive and innovative captive solutions. Our team of advisors, actuaries, and captive management professionals offer complete, end-to-end captive management services to simplify your day-to-day operations.

Operating from nearly 30 global locations, our team of 500 colleagues are laser-focused on delivering industry-leading insights, exceptional client service and best-in-class technology that optimizes and drives efficiency for your organization. We empower you to manage risk on your own terms.

Licensed in more than 50 domiciles, Marsh Captive Solutions has more than 1500 captives and risk-bearing entities under management, totaling $70B in premium. One in every four of the world’s captives is managed by Marsh. Learn more at marshcaptivesolutions.com

CAPTIVE CONSULTING

Forming and managing a captive is no small task; it requires a long-term commitment. Marsh has captive professionals who work with you to determine whether a captive is right for your organization, and then work hand-in-hand with your legal and financial representatives to help form and manage the captive facility within the proper tax and accounting guidelines. Through comprehensive feasibility studies, Marsh’s skilled captive consulting professionals counsel clients on the pros and cons of captive formation, enabling them to make informed decisions before investing in this long-term risk management program and consulting with them on the multiple alternative applications that a captive can provide.
Marsh’s captive consulting professionals continually monitor insurance market conditions and assist clients in tailoring their insurance programs to adjust to changes in those conditions. Marsh also maintains close working relationships with all of the major reinsurers, many of which have specific business units dedicated to working with alternative insurance facilities such as captives.

MANAGEMENT

Once you’ve made the decision to develop a captive, choosing the appropriate location is critical to its success. Marsh’s captive professionals assist organizations in selecting the proper domiciles. We will work with you to evaluate your organization’s business goals and geographic location and the potential captive domiciles’ infrastructure, tax structures, and treaties. Once your organization has decided on the domicile, a designated team led by Marsh’s captive management professionals guides the process from incorporation to active day-to-day management. Marsh has been assisting captives for 50 years. We have built long lasting relationships with key service providers such as actuaries, attorneys, and auditors—all essential to the smooth operation of a captive.

CAPTIVE ACTUARIAL

Our Marsh Captive Solutions Actuarial Group comprises credentialed actuaries and supporting actuarial analysts. Our actuaries consult exclusively with captive and self-insurance programs in numerous global domiciles. Actuarial services are a vital piece of a captive insurer’s operations. Actuaries support the sustainable and effective operation of captive insurers by evaluating the reasonableness of unpaid loss reserves and premium, captive feasibility, transfer of risk, capital adequacy, and a myriad of other issues including assistance with communicating with other captive insurance stakeholders such as auditors, insurers, and insurance regulators.

With experts who understand your unique risks, the resources to deliver the most comprehensive captive management solutions, and the most talented, dedicated people in the business, Marsh is here to help your business gain freedom from commercial insurance markets — and to achieve the rewards that lie on the other side of risk.

Areas of specialisation​:​

Jurisdictions:

Michael Serricchio
Americas Sales leader
Michael.serricchio@marsh.com

Mike assists clients with the feasibility and organization of captives, risk retention groups, and cell captives and cell captive facilities of all types, including strategic reviews. He has extensive experience with mergers and acquisition transactions where there are multiple captive subsidiaries and handles consulting services on captive issues such as capitalization levels, new coverages, tax concepts, investment opportunities, and cost savings.

Lorraine Stack
International Advisory and Sales leader
Lorraine.f.stack@marsh.com

Lorraine is responsible for the coordination of international business development initiatives and activities. She has significant experience in employee benefit (EB) captive implementation and as a specialist advisor, has assisted a number of high-profile captive clients through complex transactions including ground-breaking EB captive programs.