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Captive Feasibility Analysis
Through comprehensive feasibility studies, Marsh's captive advisors can counsel clients on the pros and cons of captive formation, enabling them to make informed decisions before investing in a long-term risk management program.
Captive advisors will consider:
- appropriate retention levels;
- guidance on the appropriate captive domicile; and
- financial projections and cost/benefit analysis, including after tax net present value captive savings calculations.
Strategic Review
A captive strategic review enables an organization to assess whether the captive continues to be the most efficient risk financing vehicle for its owners. A typical project would:
- determine if there is additional coverage that can be insured with the captive;
- identify whether a captive is contributing meaningfully to the success of its owner's risk financing strategy;
- make recommendations, if appropriate, to enhance that contribution;
- identify opportunities for intercompany investments as a mechanism to return cash to the parent company;
- institute corporate governance procedures with the captive; and
- identify any implications arising from the implementation of those recommendations.
Captive Management
Marsh Captive Solutions Group offers industry-leading experience in captive program design and management that spans four decades, with offices throughout all the world's major captive domiciles. Marsh evaluates our clients holistically — understanding their strategies, goals and needs to provide tailored, comprehensive captive management services that work seamlessly within the context of the business.
Marsh offers a wide range of services, including:
General Management
- ensuring that the objectives of the company are being met;
- ensuring regulatory compliance;
- identifying opportunities to enhance the performance of the company; and
- protecting the company's interests, giving advice on matters such as letters of credit and auditors' fees.
Financial Management
- prepare management and statutory statements;
- review and prepare financial statements on a periodic basis of the client's choosing;
- update financial records with the latest claim reserve figures supplied from in-house claims database; and
- ensure risk transfer test is performed annually to support accounting method.
Insurance Program Administration
- issue certificates of insurance and policy execution;
- advise on technical insurance matters;
- liaise with brokers; and
- assisting with insurance program structure and design.
Mangrove Insurance Solutions PCC
Mangrove PCC, offered by Marsh's Captive Solutions Group, is designed to insure or reinsure the risks of unrelated shareholders. Mangrove PCC provides cell participants with a low-cost captive alternative so that participants can access an array of funding options and potentially realize cost-savings and profits comparable to those of a wholly owned captive or other risk-financing alternative.
To learn more about Mangrove PCC, visit www.mangrovepcc.com.
For more information, please visit our Captives Contacts page or contact us at
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