From: Business Insurance

Captive owners are placing multiple lines of business into their alternative risk transfer vehicles to diversify their risk portfolios and strengthen long-term financial stability, risk managers and captive consultants say.

Expanding beyond single-line structures allows captives to spread volatility across multiple exposures and improve the predictability of losses, they said during a panel session Tuesday at the 2026 Captive Insurance Companies Association conference.

The University of California’s single parent captive, established in 2012, now writes more than 40 lines of coverage and supports campuses, medical centers and affiliated operations, said Karen Hsi Van’t Hul, the university’s executive director of captive insurance programs.

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