A risk pool is a collective arrangement, where multiple entities, such as insurance companies or businesses come together to shrae and manage their risks.
Reinsurance is a way for insurance companies to protect themselves by sharing some of the risks they take on with other insurance companies.
Captives often use a fronting carrier, a licensed commercial insurer to issue policies.
Traditional insurance is intended to benefit the insurance companies first, without much thought to the businesses they insure.
Hurricane Helene slammed into Florida's Big Bend region as a Category 4 storm late Thursday.
South Carolina Department of Insurance Director of Captives leaves the Department and joins Captives.Insure as EVP, Director of Captive Consulting.
A fronting carrier plays a critical role in captive insurance arrangements, providing several key benefits that facilitate the operation and regulatory compliance of captive insurers.
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