On Wednesday, July 17, 2019, senior experts from Marsh Captive Solutions held a webcast exploring the results of our annual in-depth captive report, The Captive Landscape. Released on May 29th, the 2019 Report, Securing Your Future With a Captive, is based on data from 1,100 captives managed by Marsh and reflects on the noteworthy developments and trends we have seen over the past year, while providing insight into how the benefits of a captive align with the objectives of stakeholders within the organisation.
In addition to taking questions from participants, a key focus this year was on the voice of the captive owner, featuring three client speakers sharing their story as part of an interactive case study.
Organisations see multiple value drivers for maintaining captives, including acting as formal funding vehicles for self-insured risks, accessing alternative capital, and designing customised insurance coverage. Organisational stakeholders — chief financial officers, treasurers, chief information officers, chief technology officers, human resources executives, and risk managers — all have their own views on captive value propositions. In the context of a risk management program, placing a captive at the center facilitates value drivers and offers support to different stakeholders. Each of these offers specific advantages for an organisation.
“Marsh Pty Ltd (ABN 86 004 651 512, AFSL 238983) (“Marsh”) arrange this insurance and is not the insurer. The Discretionary Trust Arrangement is issued by the Trustee, JLT Group Services Pty Ltd (ABN 26 004 485 214, AFSL 417964) (“JGS”). JGS is part of the Marsh group of companies. Any advice in relation to the Discretionary Trust Arrangement is provided by JLT Risk Solutions Pty Ltd (ABN 69 009 098 864, AFSL 226827) which is a related entity of Marsh. The cover provided by the Discretionary Trust Arrangement is subject to the Trustee’s discretion and/or the relevant policy terms, conditions and exclusions. This website contains general information, does not take into account your individual objectives, financial situation or needs and may not suit your personal circumstances. For full details of the terms, conditions and limitations of the covers and before making any decision about whether to acquire a product, refer to the specific policy wordings and/or Product Disclosure Statements available from JLT Risk Solutions on request. Full information can be found in the JLT Risk Solutions Financial Services Guide.”