The Captive Accountability Process™
Most organizations with captive insurance companies rely on their team of advisors to navigate day-to-day management and deal with the threats and opportunities arising from unexpected changes. In the complex world of captive insurance companies, it often becomes increasingly difficult to coordinate and manage your advisors while sticking to a strategic plan.
Our captive consulting services improve your ability to stick to your strategic plan. We help you:
- Design and co-develop a captive strategic plan
- Evaluate and review captive advisors (legal, actuarial, offshore managers, accounting, insurance broker, investment advisor and others)
- Manage the day to day onshore and offshore functions of captive advisors and internal staff
In response to the growing demand for effective captive insurance company management, and in addition to our custom consulting work, we created The Captive Accountability Process™. It provides an accountable and transparent process for building consensus among your peers, enhancing the effectiveness of your advisors, and implementing a practical action plan to help assure the long-term, financial viability of your captive insurance company.
The Captive Accountability Process™ brings simplicity and order to what is quite often a complex and chaotic situation. By identifying and separating the most relevant issues from those that are peripheral, the process enables you to reduce dependency on commercial insurance, maximize the protection of assets and enhance the value the captive creates for owners and related stakeholders.
