A captive insurance programme is a risk management solution where a company creates its own insurance entity to cover certain risks, instead of relying solely on commercial insurers. For global businesses, captives can be structured to manage employee benefits, property, liability, and other corporate risks across multiple countries. Taking control of underwriting and claims enables organisations to better anticipate costs and retain more of the premiums they pay.
Captives come in different forms, including single parent captives that serve one company, and group captive insurance structures where multiple companies participate in a pooled arrangement. These programmes are particularly useful for multinationals seeking consistency across regions while reducing dependency on commercial insurance markets.
