Companies are increasingly competing not only on salaries but also on employee benefits. The challenge is to offer best-in-class benefits without causing costs to escalate out of control. The way to achieve this could be to offer benefits through a captive. Captive International reports on the approach of MAXIS GBN.
Organisations should be using their captives to manage emerging risks in a world that is increasingly volatile, uncertain, complex and ambiguous, says Michael Zuckerman of the Temple University Fox School of Business.
To state the obvious, 2020 has been like no other year. However, the captive insurance world has not only survived, it has thrived under a myriad of strange circumstances, says Gary Osborne of Risk Partners.
Google parent Alphabet’s recent power outage is a perfect example of how parametric insurance products could help companies insure risks related to their intangible assets, says Marcus Schmalbach of Ryskex.
Labuan saw more captives set up in the first six months of 2020 than in the whole of 2019. Here, Labuan IBFC outlines why it has been so successful.
A feasibility study is an opportunity for a comprehensive, qualitative and quantitative assessment of a client’s needs, and an investigation into whether a captive is the best way of serving those needs, says Bruce Whitmore of Willis Towers Watson.
Captive International has named the winners of the Captive International Cayman Awards, which recognise the best-in-class providers across the full spectrum of disciplines active in the captive insurance field. They are based on feedback received from the captives industry, and in particular from readers of Captive International.
Captive insurance companies have long provided their parents with a means to effectively underwrite a host of property and casualty risks, and have demonstrated their value in protecting financial and human capital during times of uncertainty, says Lorraine Stack of Marsh Captive Solutions.
The current hardening insurance market is driving greater interest in self-insurance via a captive and leading to a cooling of relations between companies and their insurers. AMRAE president Oliver Wild told Captive International sister publication Intelligent Insurer why insurers need to have a rethink—and talk to risk managers.
In the first in a new series of video interviews with key individuals in the captive insurance industry, Captive International spoke to James Larkin, head of business development for captive insurance at Barclays.