fastTrack webinar - Captives overview

This seminar on captive insurance solutions hosted by Artex will provide an insightful overview of how captives can serve as a strategic tool for risk management. The session will begin with an introduction to captives, explaining their role as insurance companies owned by businesses to self-insure their risks. The speakers will highlight the flexibility of captives in addressing unique risks, reducing insurance costs, and providing direct access to reinsurance markets.

Key topics covered by Artex will include the different types of captives, such as single-parent captives, group captives, rent-a-captives, and protected cell captives (PCCs). Each structure will be explained, with examples of how they can be tailored to meet specific organisational needs. The webinar will also cover the benefits of captives, including cost savings, improved cash flow, enhanced risk management, and potential tax advantages.

Artex speakers will also explain the process and considerations for establishing and managing captives, including regulatory compliance, initial capital requirements, and operational complexities, as well as the factors involved in selecting the right domicile.

By the end of the session, you will be able to:

• Define the role of captives as a risk management tool
• Identify the different types of captives and how they work
• Explain why or who they are a useful tool for as an alternative to standard insurance 
• Identify the process and considerations for establishing and managing captives

Speakers:

 Alana Cowen, Business Development Manager, Artex

Stewart McLaughlin, Director of Technical Sales and Client Relationship Lead, Artex