Driving Value and Reducing Risk Through Captive Insurance Solutions
In the ever-changing risk landscape for communications, media, and technology (CMT) companies, the need to accurately mitigate risks and protect business has never been greater.
As recent incidents have demonstrated, the CMT industry is particularly sensitive to the rise of cyber-attacks and cyber terrorism events. However, we have witnessed a lack of commercial appetite in the insurance market to adequately underwrite these disruptive risks.
Marsh’s report examines what companies should be considering in terms of risk transfer and how captives and alternative risk transfer vehicles can be used to provide coverage for emerging risks. We also look at the jurisdictions in which CMT companies are establishing captives, as well as the types of coverage which can be provided under the captive model, including risk incubation, managing intellectual property risk, and supply chain disruption.