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.
In this GCP Short, produced in partnership with Jeometri Insurance Managers in Guernsey, we focus on tokenisation in insurance and its potential application by captives and other vehicles.
Chris Greisberger, Head of Global Risk Management at Taiwanese computer hardware giant Acer, explains how he has implemented an innovative captive programme to finance Account Receivables risk.
Esme Gould and Nick Pritchard, of Zurich Insurance Company UK, discuss the state of the commercial cyber market and the current trends in how corporates are using their captive.
