In today's risk environment, organizations increasingly seek sophisticated solutions to manage their exposures to large or catastrophic losses. Captive insurance companies—vehicles established and owned by businesses to insure their own risks—offer unique ways to deliver excess and umbrella liability coverage. These structures are essential for high-performing businesses aiming to regain control, optimize premium retention, and improve coverage flexibility in response to market volatility.
The UK government's confirmation of plans for a captive insurance regime by mid-2027 represents a significant development that will reshape the global captive insurance landscape, with substantial implications for the US market.
The UK government has officially confirmed its commitment to establishing a dedicated captive insurance regulatory framework by mid-2027, marking a significant milestone in the country's financial services evolution.
Alternative risk transfer (ART) refers to non-traditional methods of managing and financing risk, including captives, structured programs, and parametric solutions. These approaches are designed to supplement or replace conventional insurance, offering greater flexibility, customization, and long-term cost efficiency
The United States insurance market is uniquely complex due to its structure of state-based regulation. Each of the 50 states, along with several territories, acts as a separate insurance jurisdiction with its own regulatory framework, laws, and market conditions. This decentralized system creates a diverse landscape of challenges for insurance carriers operating across the country. This article explores the different insurance jurisdictions throughout the United States and the specific challenges insurance carriers face in each.
In today’s volatile insurance marketplace, hospitality companies face mounting challenges: rising premiums, shrinking capacity, and coverage gaps for emerging risks. For forward-thinking operators, the traditional purchase of insurance is no longer a foregone conclusion—it’s an opportunity to take control. Alternative risk transfer, especially through captive insurance, empowers hospitality businesses to transform insurance from a sunk cost into a strategic asset.
Enterprise Risk Management (ERM) is a holistic, organization-wide approach to identifying, assessing, and managing risks that could impact a company’s ability to achieve its objectives. Unlike traditional risk management, which often operates in departmental silos, ERM takes a top-down perspective, integrating risk awareness and mitigation into strategic planning and daily decision-making.
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