By combining deep captive expertise with industry-leading analytics, we can help your organization to use a captive insurance company to manage risk on your own terms.
50 years’ captive experience… US$60.9+ billion in premium… Nearly 500 experts manage 1,450 captive insurers globally
As businesses continue to seek ways to control rising costs, one strategy that many are using is to insure employee benefits programs through their captive insurance companies.
When placed at the core of a risk management strategy, captives provide financial certainty through solutions that can maximize value for their parents.
This article provides high-level observations about the tax law changes and describes some of the key tax code changes captive owners should be aware.
As the world’s largest captive manager, organizations come to Marsh for a one-stop approach to innovative captive solutions, including advice, implementation, management, and actuarial services. With specialized expertise from global resources, Marsh creates comprehensive, tailored solutions for your business.
Data analytics and benchmarking abilities for Marsh Captive Solutions are unparallelled in the industry, providing a powerful tool to identify trends and quantify the advantages that captive insurance can offer your organization. Marsh’s deep captive insights and advisory capabilities may also help you understand how peer companies are benefiting from captive coverage.
The result: Managing risk on your own terms and more control over your company’s economic cost of risk.
Marsh’s captive advisory professionals can counsel your team on the pros and cons of establishing a captive and advise you of alternative applications that a captive can provide. As a result, you can make informed decisions before investing in this long-term risk management program.
Our key services include:
Continually monitoring the insurance market, Marsh’s captive advisory professionals can help you adjust your insurance program to changes in market conditions. We also maintain close working relationships with all major reinsurers, many of whom have business units dedicated to working with alternative insurance facilities such as captives.
Location is critical to your captive’s success. Marsh’s captive professionals can recommend the most appropriate domicile, working with you to evaluate your business goals, as well as your potential domiciles’ infrastructure, tax structures, and treaties. Once you have selected a domicile, a designated team led by our captive management professionals guides the process, from incorporation to active day-to-day management.
Marsh has built long-lasting relationships with key service providers such as actuaries, attorneys, and auditors — all essential to the smooth operation of a captive.
We offer a wide range of services, including:
Actuaries are a vital piece of any captive insurer’s operations, supporting sustainable and effective operations by evaluating multiple issues, including:
Actuaries also provide assistance in communications with other captive insurance stakeholders such as auditors, insurers, and insurance regulators.
Marsh Captive Solution's Actuarial Group includes credentialed actuaries and supporting actuarial analysts. Our actuaries consult exclusively with captive and self-insurance programs in numerous global domiciles.
How can my captive deliver more value? What are others doing with their captives? How does my captive stack up?
With our Captive Benchmarking Portal, we can help you answer these questions and more.
Green Island Reinsurance Treaty, established by Marsh in 1997 is a reinsurance pooling facility that enables participating captives to share their primary casualty or workers' compensation loss experience by transferring a portion of their risk in exchange for assuming the risks of other participants.
Potential advantages of participating in Green Island include:
Mangrove Insurance Solutions PCC and Mangrove Insurance Solutions PCC Limited, domiciled in Washington, DC and Isle of Man, and now Mangrove Insurance Europe PCC Ltd in Malta, are licensed insurance and reinsurance companies.
Companies participating in Mangrove PCC are insulated from the loss experience, liabilities, and credit risks of other participants. Consequently, participants can avoid potential costs, such as additional premium requirements or capital outlays that could arise in group captive arrangements when other participating firms have poor loss experience or more volatile risk profiles.