Group captives continue to be very effective risk financing mechanisms, particularly in the middle market, allowing insureds to come together to gain the benefits of risk retention and greater purchasing power. But not all group captives are the same. In this webinar, we looked at the key aspects of these structures and what you need to know before joining a group captive. Topics discussed were:
- Formation challenges and reasons to form
- Underwriting and vetting members
- Loss control programs and incentives
- Risk sharing and allocation of profits
- Member involvement
- Fronting and reinsurance including collateral requirements
- Competition and future developments
This webinar is appropriate for current and prospective members of group captives, service providers to group captives and anyone interested in understanding this type of risk financing vehicle.
Wednesday, October 26th, 2022
Michael O’Malley, SVP & Managing Director – SRS Advisers Mike is responsible for the delivery of SRS consulting services, including statistical loss and exposure analyses, feasibility studies, and financial analysis for captives and other types of risk financing programs.
Tim Ley, ACI, ARM, AIS
The Hartford – Assistant Director of Business Development Captive Programs
John Blythe, Executive Vice President
P: 205-581-9232 | C: 205-837-9232 | E: Jbly@McGriff.com
2211 7th Avenue South, Birmingham, AL 35233 | McGriff.com