All About Captives

All About Captives

A captive is a privately held insurance company, and it can be a subsidiary of the insured business. It issues policies, collects premiums and pays claims, just like a commercial insurer; however, it does not offer insurance to the public. Developing and initiating a captive program may not be suitable for all companies, but by employing the tactics outlined in this article, you can make the decision that best suits your company's needs.

11 minute read March 27, 2008 at 04:15 PM

Bruce Molnar

In recent months, captives have come to the forefront of the insurance industry. And, as a result, there has been increased interest in what they are, the benefits they provide and if they are a viable option for companies.

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