Captive insurance is a
well-established alternative to traditional insurance.
Our
market
solutions group draws on the considerable experience of the
firm's market-leading insurance and reinsurance practice, and
corporate and regulatory insurance teams.The combination of these
different strengths enables us to provide expert advice on the
latest developments in captive insurance, and to help our clients
devise innovative risk transfer solutions.
We act for fronting companies,
reinsurers, retrocessionaires, onshore and offshore captives,
captive managers, insurance and reinsurance brokers involved with
captives, FTSE 100 companies, and other smaller or overseas
companies.
Our team is
experienced in a wide range of captive matters,
including:
- the establishment of captives in onshore and offshore
jurisdictions whose systems of law are based on English common
law;
- advising on and drafting management and associated
agreements between captives, captive managers, and other
parties;
- reviewing fronting and reinsurance arrangements,
including drafting reinsurance policy wording;
- devising ART structures and innovative insurance
products, and using protected cell companies as transformer
vehicles for ART products;
- advising on corporate, commercial, regulatory, and tax
issues; and
- dispute resolution.
In addition to providing
advice on individual matters, our comprehensive service extends to
providing our clients with up-to-date training through seminars,
workshops, and publications on topics currently impacting on the
captive insurance and reinsurance
markets.