Once considered an alternative risk solution most applicable in hard insurance markets, captives have grown significantly over the past 20 years in hard and soft markets alike.
During the one-hour webcast two experts from Marsh Captive Solutions, Ellen Charnley, head of global sales and marketing, and Michael Serricchio, a senior vice president, discussed current trends in the captive industry, why companies form captives, and captive value drivers.
They covered how captives are used to:
- Fund corporate retained risk.
- Manage third-party risk.
- Access reinsurance.
- Reduce taxes.
- Underwrite employee benefits programs.
Learn more about captives and determine whether they might be an effective risk management tool for your organization.