- Captive initially focused on liability and workers’ compensation
- Surplus from captive provided loan back to parent during Covid
- Life Time utilises enterprise risk management committee
Minnesota-based fitness company Life Time Inc’s Vermont-domiciled captive is “almost beginning to run” following its “crawl, walk, run” approach to captive utilisation, according to Joshua Reding, vice president of risk management at the company.
Life Time is a chain of health clubs in the United States and Canada with more than two million members, operating in around 200 locations.
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