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CFO Report
2024 CFO Report: Captive Insurance
This report surveys 600 CFOs and risk managers to understand the rising impact of captives across the insurance landscape, and what it signals for the future.
Cover unique and specific risks, even those not covered by commercial insurance.
Design an insurance plan that rewards your risk management performance. Then, keep the profit and fund growth.
Tailor-Fit Coverage
Cover unique and specific risks, even those not covered by commercial insurance.
Customize coverage to match any risks, and close coverage gaps created by typical policy exclusions.
Better Risk Management
Cover unique and specific risks, even those not covered by commercial insurance.
Aligned incentives drive improvement in risk management strategy when surplus is kept as profit.
Aligned Incentives
Cover unique and specific risks, even those not covered by commercial insurance.
Better risk management is rewarded with more surplus.
Instant Reimbursement
Cover unique and specific risks, even those not covered by commercial insurance.
No more claims hassle.
Asset Protection
Cover unique and specific risks, even those not covered by commercial insurance.
A wholly-owned subsidiary separates your business from your risks
What's Inside The eBook
Analysis of the insurance crisis and the rising relevence of captive solutions
How captives are being used to cover new and innovative areas of risk
Impact of emerging technologies on risk management and captive operations
Strategic guidance for CFOs to implement captives and generate organizational buy-in
Key Insights
01
Impact on Premium
57% of respondents report increased operating expenses due to higher premiums, while 62% of captive owners report insurance premium savings.
02
Enjoyment Factor
For CFOs managing insurance, 72% report enjoying that role when a captive is involved, a 26 percentage-point increase above the group as a whole.
03
Insurance Challenges
51% of respondents cited "finding the right policy at the right" as the biggest challenge of managing insurance, while 41% struggle to understand coverage details.
Why It Matters
01
If you're considering a captive:
Discover new strategies to optimize captive performance, expand coverage, and leverage technology for enhanced risk management and financial returns.
02
If you already own a captive:
Gain insights to overcome formation challenges and dispel common myths to make ownership more accessible and beneficial for mid-market companies.
03
For all business owners:
Understand how the evolving insurance landscape impacts your bottom line and explore how captive insurance can transform your risk management strategy.
With traditional business insurance, you're renting protection. With captive insurance, you design, build, then own your insurance dream home. Find out how.
Discover captive insurance: a strategic approach to risk management. Learn how captives offer control, customized coverage, and financial benefits for businesses seeking alternatives to traditional insurance.
Explore captive insurance reinsurance strategies. Learn about Excess of Loss, Aggregate, and Quota Share policies. Understand how reinsurance protects captives from major losses.
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