Virtual captives providing alternative to traditional captive structures 

• Quicker to implement than traditional captives 
• Can be used for short-tail and long-tail lines of business  
• No need for upfront capital with a virtual captive 
• Virtual captives can begin the journey to a PCC or pure captive strategy 

Virtual captives are being utilised by a many companies as an alternative option to more traditional captive structures. 

There is no strict definition of what constitutes a virtual captive with the term loosely defined in comparison to legal entities such as a single parent captive or a protected cell company (PCC).