Monday, May 6, 2024

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GCP#56: Jason Flaxbeard and Patrick Smith

Jason Flaxbeard, Beecher Carlson
Patrick Smith, Tribe Advisory

In episode 56 of the Global Captive Podcast, supported by legacy specialists R&Q, Richard is joined by Friend of the Podcast Jason Flaxbeard, of Beecher Carlson, in the guest co-host chair.

Jason discusses volatility and tail management and how captives are increasingly interested in accepting frequency risk, retaining some severity risk and transferring as much towards the tail as possible. He also addresses the benefits for captives in taking on genuine third party insurance business.

We are also joined by Patrick Smith, executive director of Tribe Advisory, who provides an outsourced insurance management function to several businesses in the sharing and micro-mobility economic. Richard and Patrick discuss the future use of captives in this sector.