Overview of Captive Insurance Companies •A captive insurance company is a closely held insurance company that primarily insures risks of its owners and affiliates.
•What types of risks can a captive insure?
Nontraditional Risks
Traditional Risks
•Cyber liability •Non-damage business interruption (NDBI) •Asset valuation / asset protection •Longevity risks (pension plans) •Pandemic (can be a part of NDBI) •Other advanced or specifically designed programs to cover risks unique to an organization, market or sector
•Professional and general liability •Product liability and recall
•Automotive insurance •Workers’ compensation •Medical expense cost reimbursement or
Medical Stop-Loss •Property insurance
AEC EXECUTIVE ROUNDTABLE
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