When a firm buys insurance via a centralized risk management function, it hopes to enjoy the economies of scale of the unified consolidated organisation. Using the captive allows the organisation to harness the economic strength, size, and risk-taking ability of the larger combined group, while recognising the smaller risk appetites of the component business units.
Richard is joined by Kristen Peed, RIMS president for 2025, to discuss what to expect at RISKWORLD in Chiago, and there is an investment update from London & Capital.
Richard is joined by Melissa Hollingsworth, Deputy Chief Risk Officer at the Los Angeles Unified School District, who will explain why LAUSD recently formed a pure captive and how they look to expand it in the coming years.
