Captive Management - W Denis Insurance Brokers

This service is provided in partnership with independent captive management businesses, which specialises in the formation, management and operation of captive insurance companies including protected cell companies.

Guernsey is one of the world’s foremost insurance domiciles and Europe’s leading centre for innovative alternative risk solutions. Over 40% of the top 100 FTSE companies have chosen Guernsey as their home for their captive insurance companies. Guernsey was the first domicile in the world to introduce the Protected Cell Company (PCC) concept which has become a hugely popular insurance vehicle around the world.

Advantages of captive insurance model:

Potential to accrue investment income on outstanding claim reserves
Offers alternative cover that the conventional market either doesn’t supply or is too expensive to be a viable option
Insurance cost predictability ensuring the preparation of more reliable budgets
Improved risk management efficiency as a result of incentive created with the company's retention of risk within its captive
Greater flexibility in policy creation, timing of premium payments and claims settlement

Its existence facilitates an ongoing evaluation process, monitoring the coverages provided and ensuring they continue to meet the organisation's needs and that the terms and prices remain enticing.
Premiums in excess of claims paid and captive’s expenses are retained within the organisation
Owning a captive insurer enables direct access to the international 'reinsurance' market where alternative sources of capital can be utilised.

Any organisation or even a mutual trade group can benefit from using a captive management insurance model, provided the total premium exceeds £250,000 for a captive or £100,000 for a protected cell company.