Captives

We have experience in developing captive insurance solutions for companies committed to protecting their financial exposures with an element of self-insurance. One benefit from the use of a captive is to provide insurance at cost.

Cost should be controlled by the use of in-house expert claims handling, loss prevention and risk management. Any surplus accumulated profit is not paid away to shareholders but retained within the captive, where it can be used to smooth the impact of higher than normal claims.

Another significant advantage of a captive is the maximisation of cover. A captive is able to extend the scope of coverage to suit the exposures of the parent business. A captive has the ability to access the world’s reinsurance markets.

A captive should be viewed as a long-term solution. It should remain largely unaffected by the imbalances in supply and demand that occur in the commercial insurance market and help reduce exposure to the fluctuations in pricing.
We have the capability to structure captives to facilitate management of your risk so please feel encouraged to contact us to discuss your captive requirements and to hear how we can help manage your exposures.