Captive Practices and Procedures

Reference At-A-Glance

How To Structure and Operate a Successful Captive Insurance Program

Captive Practices and ProceduresAuthor: Kathryn A. Westover
Published: 2006
Pages: 204
Includes: Bonus Publications
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Description

Author Kathryn Westover has set up and managed more than 50 successful captives during her 20-plus years of experience. This book will help you understand the accepted practices and procedures that support a captive's ability to achieve its mission and purpose. Learn what it takes to establish a successful captive insurance company, one that sets the standard and withstands the test of time!

Features and Benefits to You

Select a Job Function (click the arrows to the left)

more info Agents, Brokers and Account Support Staff

  • Advise clients on captive best practices.
  • Provides third-party authoritative support to your recommendations.
  • Helps evaluate capabilities and governance structure of group and rental captives.

more info Risk Managers, Financial Executives & Insurance Buyers

  • Helps evaluate the capabilities and governance structure of group and rental captives.
  • Learn how to use the components of a feasibility study to develop a strategic business plan.
  • Gain a better understanding of captive financial reports.
  • Get suggestions for assembling a superior captive management team.
  • Develop a procedures manual that will actually be used.
  • Turn regulatory compliance from a negative into a positive.
  • Use performance analyses to reinforce stakeholder satisfaction.

more info Underwriters

  • Gain a better understanding of captive financial reports.
  • Insight into best practices will help you evaluate fronting opportunities.

more info Attorneys

  • Insight into best practices will help you advise clients.
  • Gain a better understanding of captive financial reports.
  • Learn nuances of corporate governance for captives.

more info Consultants

  • Helps evaluate the capabilities and governance structure of group and rental captives.
  • Help your clients develop strategic business plans for their captives.
  • Gain a better understanding of captive financial reports.
  • Get suggestions for assembling a superior captive management team.
  • Develop a procedures manual that will actually be used.
  • Learn how to turn regulatory compliance from a negative into a positive.
  • Develop and use performance analyses to evaluate captives.

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