Captive Insurance Management

Creating a captive insurance company provides a bona fide self‑insurance mechanism, which can offer a superior alternative to traditional insurance products – for the whole or part of your insurance programme.

Captive insurance can be achieved by the creation of a wholly owned insurance subsidiary or by using a cell within a PCC (protected cell company), which offers similar self‑insurance facilities.

Typically, self‑insurance is suitable for large corporations and insurance buyers, property owners, high net worth individuals and other professional groups. The benefits include:

• Cost‑effective risk transfer

• Opportunities to retain underwriting profit

• Insulation from the unpredictable swings of the insurance market cycle

• Direct access to the reinsurance market and positive cash flow