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 Paul Shimomoto and Matt Takamine to discuss recent activity in the domicile, accelerating interest from Japan and its upcoming 40th anniversary as a domicile.
Richard discusses the shifting domicile landscape and the factors that go into choosing a jurisdiction with EY's Mikhail Raybshteyn and Ted Clabault, and Patrick Theriault, at Strategic Risk Solutions.
Richard is joined by Joe Peiser, Global CEO of Aon Commercial Risk, who shares his perspective on the captive market, its importance to Aon and where he sees it going in the future.