26 September 2023ArticleAnalysis

Technology opens new niches in the captive insurance market

The captive insurance market is no stranger to the concept of new niches opening up for it, as you can read about in the new US edition of Captive International.

These new niches tend to be driven by two things: actual demand and perceived need. Sometimes a captive is set up to deal with a very real need for insurance. And sometimes captive owners are encouraged by new developments to think about new needs.

One of these new areas is that of the Internet of things, an area that seems to expand all the time due to the sheer number of objects and systems that seem to be accessed online, or send and receive information every day.

The implications of this for insurance and specifically captive insurance are covered in this free article that you can access by clicking here.