Captive Owner

Not-for-profit Boys Town continues to look for new ways to expand the use of its Tennessee captive, but will not lose sight of its general risk financing strategy.

Richard brings news of the latest chapter in Butler University's student run captive insurance company as it completes its domicile move from Bermuda to Vermont.

Aon has established its first captive in France, supporting petroleum, gas and chemicals company Rubis Energie receiving a licence for a reinsurance captive from the French regulator.

Risk managers are in a strong position when they implement a captive employee benefits programme because they have the power to lower premiums and engage the whole group, according to Marc Bentley, InterContinental Hotels Group director of risk finance, and Matthias Helmbold, vice president of global risk benefits, health and wellbeing at DHL.

Richard shares a live discussion recorded with two experienced EB captive users - Marc Bentley, Director of Risk Finance at IHG, and Matthias Helmbold, Vice President of Global Risk Benefits, Health and Wellbeing at DHL.

Jacksonville-headquartered Haskell Company made the right decision establishing its own pure captive after 16 years participating in a group, according to Haskell CFO Bradford Slappey and Jeff Caudill, vice president of risk management.

THG Plc’s pure captive formation in Guernsey last year played a key role in ensuring a smooth cyber insurance renewal and has given the fast-growing group more leverage in the commercial market.

This GCP Short, produced in partnership with We Are Guernsey and the Guernsey International Insurance Association (GIIA), shares another story of a new captive owner and the rationale behind its risk financing strategy.