Services & solutions > Self insurance

Many organisations are looking to self insure or to set up a captive insurer, in order to drive down the cost of their risk transfer programmes.

You can consult our expert team on setting up a self insurance scheme or on the formation, implementation and renewal of a captive programme. We work with you to identify a suitable solution. If what is required is the set up of a captive insurer we help you to find a captive management company, domicile and the service that best suit your particular needs.

Key benefits that can arise from the use of a captive include:

• Acting as a focal point for a global insurance programme
• Providing capacity for uninsured or uninsurable risk
• Providing a vehicle to access the reinsurance market
• Use as a special purpose vehicle to facilitate solutions to unique risks by accessing non-traditional markets e.g. capital markets
• Generating additional revenue by offering insurance products to businesses within the group to support the sales process
• Providing minimum standards and levels of cover to group companies