NEW! Captive Best Practices Guidelines
The captive industry finally has a set of principles for best practices that can be applied to each and every captive despite varying domicile regulations and characteristics. Unlike other resources that tout specific numerically driven ratios, this ground-breaking document lays out the significant components and appropriate actions needed to run a captive most effectively. These high-level principles are broad enough in scope to provide latitude in how they are applied. The guidelines do not try to make it a “one size fits all,” but rather offer the flexibility to tailor them to each captive’s unique situation. Captive Best Practices Guidelines is packed with excellent principles—and no fluff—that will guide you whether you are an owner, manager or regulator.
Free to CICA members
Log-in to download your complimentary copy.
Not a member?
Buy it now—$25 per copy
Captives: An Overview
Since its initial publication in 2001, more than 800 copies of CICA's publication, Captives: An Overview, have
been purchased. Ideal for those wanting to find out about
captives and for sharing with clients, the booklet covers
topics such as reasons a captive is advantageous, learning
how to start a captive, and how to run a captive—all in
an easy to understand format.
Buy it now—$50 per copy
Table of contents from Captives: An Overview
TOPIC |
page |
Introduction |
1 |
What is a captive? |
3 |
| Single Parent Captives |
3 |
| Association Captives |
3 |
| Industry Captives |
3 |
| Rent-A-Captive |
3 |
| Protected Cell Companies |
4 |
| Special Purpose Financial Captives (SPFCs) |
4 |
| Special Purpose Captive Insurance Company (SPC) |
4 |
| Risk Retention Group (RRGs) |
4 |
History |
6 |
| Reasons to form a captive |
8 |
Some Possible Drawbacks |
11 |
Who should consider a captive? |
13 |
| What needs will the captive address? |
13 |
| Is the parent organization willing to make the necessary commitments? |
13 |
| Are the goals of the captove and the organization focused? |
13 |
| Does the concept of a captive mesh with the overall corporate strategy? |
13 |
| Is there a strong leader? |
13 |
Setting up a captive |
|
| What should be considered when selecting a domicile? |
15 |
Where to domicile a captive |
16 |
Running the captive |
18 |
What about taxes? |
25 |
Insuring Employee Benefits |
32 |
Convincing Management |
39 |
Captive Terms |
Appendix |
Resource Guide |
Appendix |
|
|
© 2000 & 2005, Captive Insurance Companies Association |
