

In this GCP Short, produced in partnership with HDI Global, and we discuss international programmes and the important role captives play in facilitating them.
For multinational companies, it is common for a captive to play a role in the layers of an international programme, utilising one or more fronting partners to bring consistency across many, sometimes hundreds, of territories.
Richard is joined by Jelto Borgmann, Head of Captive Services at HDI Global, and Kerstin Kader, Head of HGN Technical Accounting and Intercompany, at the German multinational insurer.
Jelto and Kerstin discuss why international programmes are relevant for captives, how to overcome challenges and complexity such as currency fluctuations and premium transfer, and the importance of getting compliance right in every territory.
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