Insurance and Captive Management: Captive Insurance Companies

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Captive Insurance Companies

As risk management has established itself on the corporate agenda, so the captive has come to prominence as an effective and efficient mechanism for establishing greater control over risk transfer, risk allocation and risk financing strategies.

Since the first captive-type structure in the 1920s, the self insurance vehicle has continually evolved to meet the ever-changing demands of the corporate environment. It is an integral part of the strategic planning of most large companies, and plays an increasingly prominent role in the self-insurance strategies of many smaller organisations.