The classic pattern for a hard market is that organisations will look to retain more risk and increasingly use their captives. Does this make sense in the long term and how what is the best captive strategy within in a global programme in today’s market?
We consider the management of group and local retentions and look at whether cell captives and virtual captives are taking over from traditional single-parent captives.
How should a risk manager use a captive to get the best out of their global programme.
Stephen Morton, Multinational Head of Complex Accounts, AIG
Marine Charbonnier, Global Programmes and Captives Regional Director Europe, AXA XL
Joseph Finbow, IPT Assurance Director, TMF Group
Robert Geraghty, SVP, International Sales Leader, Marsh