Captives and the Management of Risk

Reference At-A-Glance

Understand the Pros and Cons of Captives

Captives and the Management of RiskAuthor: Kathryn A. Westover
Published: 2nd edition, 2006
Pages: 228
Includes: Bonus Publications
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Description

This 228-page book breaks down the complex topic of captives, revealing the types of risk that can be handled by captives, why captives can be effective as a risk management tool, tax and accounting considerations, how to determine if a captive is feasible, how to choose a domicile, and how to manage and operate a captive.

Features and Benefits to You

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more info Agents, Brokers and Account Support Staff

  • Will help you advise clients on whether or not they are a good candidate for a captive.
  • Answer tough questions posed by your insureds.
  • Great instructional tool to help learn about captives and the types of accounts that fit.

more info Risk Managers, Financial Executives & Insurance Buyers

  • Evaluate whether or not your firm might be well served by a captive.
  • Utilize the formula provided to choose the best domicile for your captive.
  • Learn how to manage and operate a successful captive.

more info Underwriters

  • Will help you advise on whether or not an insured is a good candidate for a captive.
  • Answer tough questions posed by your agents/brokers and insureds.
  • Great instructional tool to help learn about captives and the types of accounts that fit.

more info Attorneys

  • Learn captive basics to enable you to provide good advice to your clients.
  • Develop an understanding of how to evaluate the feasibility of a captive.

more info Consultants

  • Understand the elements of a through feasibility study.
  • Help clients choose the best domicile for their captives.
  • Provide solid advice on captive management and operations.

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