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 brings listeners two conversations recorded at the CICA International Conference that took place from 8 – 10 March in Desert Spring, California.
In the latest exclusive, in-depth interview for the GCP Captive Leaders series, Richard is joined by Brady Young, Founder & CEO of Strategic Risk Solutions.