Today’s insurance market presents significant challenges for corporations seeking optimal solutions for their risk-management strategies.
A host of emerging risk patterns, such as higher jury awards in property liability cases and a spike in commercial auto accidents, may compel risk managers to consider the benefits of transferring their company’s risk to a single-parent captive. This is especially relevant in light of today’s lower interest rates and an inverted yield curve.
In this article for Captive Review, Todd Cunningham, Head of Strategic Risk Solutions and Captives for Zurich North America, explores the current market conditions and explains why single-parent captive insurance may help deliver a sophisticated and relevant solution for many businesses. He also outlines key considerations to help corporations optimize the benefits of this approach.