Captive Spotlight: FCCS planning to increase captive retentions 

• Farm Credit Captive re-domesticated from Colorado to Washington DC 
• The organisation recently added pollution risk to the captive 
• Self-managed captive with Marsh serving as the broker 

FCCS is taking on a greater share of its own risk through its captive as it seeks to lessen the impact of market cycles and gain greater control over long-term insurance costs, according to Lisa Parrinello, vice president of risk management & insurance services at the organisation.

The strategy forms part of a long-term effort to increase retention within the captive while maintaining relationships with commercial market partners and ensuring coverage remains sustainable across the organisation’s network.