In this GCP Short, produced in partnership with Spring Consulting, an Alera Group Company, we bring you an in-depth captive case study on Life Time, Inc.
Life Time is a publicly listed chain of health clubs, which has owned a captive in Vermont since 2017.
In this episode Joshua Reding, Vice President of Risk Management, explains the captive’s original rationale for formation, how it evolves to serve a growing company and the more recent addition of medical stop loss.
Josh is also joined by TJ Scherer, Vice President at Spring, and Peter Johnson, Chief P&C Actuary at Spring, to discuss some of the important steps required in bringing internal stakeholders along, as well as the diversification benefits of a multi-line captive and the addition of medical stop loss.
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