Michelle Bradley and Enoch Starnes were recently interviewed by Captive Insurance Times to discuss how to successfully set up and manage a captive program. If you or your organization is considering captive insurance options, you won't want to miss the expert insight found in their recent article.

Questions such as, "Selecting the optimal domicile is a critical aspect of captive feasibility. What are the primary strategic, financial, and operational factors that captive owners should carefully evaluate when assessing onshore versus offshore domicile options?" are addressed, as well as, "The program structure analysis examines important elements like fronting, reinsurance, and market submissions. How do these interconnected components shape the overall captive design, and what are best practices for captive owners to navigate this complex process?"

You can read the Captive Insurance Times issue here. Navigate to pages 38-41 to read the full article, "Evaluating, Establishing, and Optimizing a Captive Insurance Program".

As a reminder, SIGMA’s Captive Assessment Tool determines the need and appropriateness of a captive option, and evaluates whether or not you or your client should consider a captive review or formation analysis. Results are provided in PDF format, which can be utilized in discussions with your client. This tool can be accessed through our complimentary RISK66 Education License. 

We welcome discussion with any of our insurance colleagues who want a better understanding of these topics, and those wishing to contact us can do so at support@SIGMAactuary.com or by scheduling a call today with one of our consulting actuaries.

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