Franchisees increasingly looking to group captive models – AXA XL’s Davina 

The number franchisees looking to utilise group captive structures in the United States is growing according to Joseph Davina, SVP and head of group captives at AXA XL. 

Group captive utilisation in the US has been expanding for some time, particularly for middle market insureds, as companies increasingly pool together to combat rising insurance costs in the commercial market.