What is a captive?

A captive is a subsidiary set up by a company to act as a direct insurer or reinsurer for that company. The primary purpose of a captive is to reduce the cost of risk. There are two major types of captives: single parent and group.

Using a captive brings valuable benefits for multinational companies 

With 220 single parent captive customers and over 350 captive fronting programs, we have the expertise, global structures and processes to help you to implement solid captive solutions across borders. Our global solutions and network capabilities help you to establish and manage captives, whether single-parent, group, agency or program.

• Cost control: By creating a single, holistic platform for risk management, captives can improve cash flow management and investment returns, and offer overall premium cost savings.

• Better decisions: With a consistent overview of exposures and risk information, you can make more informed strategic risk management decisions.

• Broader knowledge: A captive can help you increase awareness and knowledge of your risks, in particular regarding governance and compliance issues around the globe

• Transparency: Consolidating risks into a captive can answer regulatory demands for high levels of transparency.