With the recent multiple CAT events experienced in Florida, Parametric coverage can be a way to provide peace of mind for the financial health of your captive insurance company.
The cyber reinsurance market is evolving significantly in 2024, characterized by growth, increased stability, and adaptation to emerging risks. Here are the key developments:
Heavy CAT losses in 2024 are driving what could be a tumultuous 2025 renewal season.
A Texas based property management/development company turned to Captives Insure (“C.I.”) for an alternative means of procuring their General Liability and Property coverage
Tennessee has established itself as a leading captive insurance domicile in the United States, offering a favorable regulatory environment and numerous advantages for businesses looking to form captive insurance companies.
Single parent captives, also known as pure captives, have emerged as a powerful tool for large corporations seeking to optimize their risk management strategies.
Nate Reznicek was quoted in a Business Insurance article titled "Captive Surpluses Help Fund Risk Strategies". Captive insurance companies are increasingly using their surplus funds to finance a wide range of risk management projects and loss control activities. This trend sees mature captives investing in initiatives like property improvements, vehicle telematics, cyber awareness training, and AI-powered surveillance for loss mitigation.
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