The Benefit Captive Solutions team helps multinational organizations finance employee benefits and pension risks through their captive insurance companies.
We work at the intersection of employee benefits, risk management, actuarial and finance, supporting organizations to design, implement, and optimize captive strategies that deliver measurable value.
Our team includes specialist captive advisors, actuaries, underwriters, and global benefits experts, working alongside colleagues across broking, analytics, and risk advisory.
Our employee benefit captive services
We support organizations at every stage of their captive journey.
How can benefit captives create value?
A well-designed employee benefit captive can provide:
- Cost efficiency: Reduction of frictional insurer costs, retention of underwriting profit, and investment income
- Improved control: Enhanced governance, funding visibility, and data transparency
- Global consistency: Coordinated benefit financing across countries
- Capital optimization: More efficient use of corporate capital
- Enhanced risk insight: Advanced medical claims analytics and real-time data
- Strategic flexibility: Captives are increasingly being used not only for group life, disability, and employee healthcare, but also for:
- Defined benefit pensions
- Pension longevity risk
- US ERISA benefits
- Retiree medical
- Stop-loss protection for U.K. trust-based medical plans
- U.S. medical stop-loss on U.S. self-insured medical plans
Is a captive strategy right for your organization?
You may wish to explore a captive strategy if you:
- Spend significant amounts on insured employee benefits globally
- Want greater visibility and control over benefits costs
- Want to support your company's People agenda with more tailored benefit provision
- Already operate a captive and are considering expanding its use
- Are reviewing pension risk transfer options
- Seek a more coordinated global benefits financing approach
- Want to integrate benefits risk into your broader enterprise risk framework
Our captive advisory approach
We provide transparent, technically rigorous advice grounded in deep market experience.
Our work is supported by proprietary research and benchmarking, including global medical trend analysis, multinational pooling research, and captive network capability studies.
We combine actuarial modeling, underwriting experience, regulatory expertise, and global benefits insight to ensure solutions are commercially robust and operationally practical.
Contacts
Captive Review Awards 2025 - WTW winner of the Actuarial Firm Award
WTW Captive User Group
We convene the industry's leading annual forum for organizations using captives for employee benefits, the Captive User Group (CUG).
The CUG provides a platform for multinational companies to exchange insight, discuss market developments, and shape the future of employee benefits captive strategy.
Why WTW?
We have been at the forefront of employee benefit captive innovation for nearly three decades.
- Implemented the first global employee benefit captive arrangements in the mid-1990s
- Advised on the majority of global employee benefits captive structures currently in place
- Invented and supported numerous U.S. ERISA reinsurance transactions and Department of Labor exemptions
- Invented both the pension captive and retiree medical captive transactions and have led all client cases that are in place
Our team forms part of one of the largest global employee benefits advisory practices in the market, with access to benefits, financing, actuarial, domicile, pension risk, and insurance structuring specialists worldwide.
