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 welcomes Anne Marie Towle, CEO of Global Risk & Captive Solutions at Hylant, and Tony Schmidt, President of Pacific Risk Solutions, LLC in Hawaii to discuss the strategic partnership between the two firms and captive developments in Japan.
Richard brings the latest on the UK captive consultation hosting a discussion between Chris Lay, CEO of Marsh McLennan UK, Airmic CEO Julia Graham and Caroline Wagstaff, CEO of the London Market Group.
