Captives can improve the financial and operational performance of your organization as a key element of your risk finance and risk management strategy.
Our Captive Consulting and Insurance Management Solutions combine risk expertise and data-driven insights with captive consulting delivered by a global network of captive specialists.
What is captive insurance?
A captive is a licensed (re)insurance company owned by a non-(re)insurance group that enables risk retention and risk transfer to the captive.
Organizations forming captives pay premiums to a dedicated vehicle, financially isolating specific risks while building reserves against future possible losses. Captives can be particularly helpful if you need to shield underlying business units from excessive cash-flow volatility.
Optimize your captive with our global team of captive consultants
Our global team of captive consultants can help you decide where you should set up your vehicle, developing a customized captive service around you and your precise needs.
With expertise in designing, launching and managing captives for organizations worldwide, we combine local knowledge and deep consulting expertise with global reach.
Find value and cut complexity with captive analytics
Get better value from your captive, insurance program and overall risk portfolio. Our proprietary core analytical models and software help you improve your risk financing strategy.
We aim to break through captive complexity.
By translating analytical and actuarial insights into perspectives you and your stakeholders can understand, we make it easier for your leaders to make informed risk financing decisions.
Gain assurance that your captive is closely aligned with your risk tolerance and strategic objectives. Working together, we use evidence to express the rationale driving your captive setup and captive management decisions.
Specialist captive support across the lifecycle of your captive
Wherever you're on your captive journey, our dedicated captive specialists are here to help you across the captive lifecycle.
We can help from captive feasibility, implementation and management, through to seeking more value from mature captives.
Our captive feasibility support aims to unlock the potential of your captive and help deliver improved value.
We identify and improve your risk financing opportunities by understanding your objectives and reviewing your current insurance program against them.
We offer clarity and assurance by creating your captive business plan by forecasting claims and premiums, analyzing risk retention scenarios and evaluating potential captive domiciles.
As part of captive feasibility, we estimate capital and solvency requirements, create financial projections, as well as underwriting guidelines and accounting processes.
We can also set out taxation considerations and create governance recommendations specific to your captive.
Expect a smoother and more efficient captive implementation process. We work with regulators throughout the captive licensing process, helping you select captive service providers and supporting you and your brokers in dealing with fronting insurers.
To help ensure your captive structure is aligned to your business and risk financing needs, we collect and prepare the information you’ll need to apply for a captive license.
We also support you in developing your captive infrastructure, drafting your captive governance and operations manual to create your fully functional captive insurance entity.
Our teams operate in all major global captive domiciles, providing a full range of core and ancillary insurance management services, including:
- Captive implementation
- Financial and regulatory reporting
- Insurance program underwriting and claims administration
- Reinsurance/retrocession administration
- Ongoing governance and compliance
- Risk and capital management
- Local advisory and consulting
- Actuarial function, including pricing and reserving
Minimize volatility and improve profitability with our global risk and analytics expertise.
We find patterns and discover hidden value in your risk portfolios, calling on a wide range of analytics-driven capabilities:
- Risk quantification and optimization: Predictive modeling of risks on a single-line or portfolio basis, risk tolerance and appetite development and program optimization.
- Climate risk quantification: Innovative scenario modeling.
- Forensic accounting: Expert support for preparing, quantifying and resolving large and complex claims, pre-loss planning and calculating business interruption values.
We review how you’re using your captive to improve value.
Access captive health checks and captive structure analysis, factoring in long-term resilience by considering environmental, social and governance drivers as required.
Is your captive still meeting its goals, or has the business mission that created your captive changed? Is your captive using its capital and surplus efficiently?
Have you been through a merger or acquisition and need to determine the best course of action for your legacy vehicles?
Let us review your mature captive to check if there are unfulfilled opportunities your captive could address or to take advantage of changing conditions, such as:
- Accumulation of retained earnings
- New alternative forms of collateral or changes in collateral requirements
- Innovations in investment policy
- Changes in the regulatory or tax environment
We offer managed services for commercial insurers located in our working domiciles, including feasibility, capital optimization and risk analytics. This includes:
- Affinity insurers
- Managing general agents
- Managing general underwriters
- Legacy/runoff insurers
- Niche underwriters
Improve your captive with our clear decision-making framework and specialist support designed to get more value from your risk retention and transfer strategies.
Ready to take control and get more value from your captive? Speak to our specialists today.
