What are the benefits of captives?

A captive insurance company is a bona fide licensed (re)insurance company owned by a non-insurance company, which insures or reinsures the risks of its parent and/or its subsidiaries. Simply put: It is a formalized mechanism to finance self-insured risks.

Find out why Corporates are increasingly turning to captives to help solve problems in finding insurance cover for emerging and difficult risks.

Balance risk and risk appetite
Build surplus
Address requirements in different jurisdictions
Track underwriting performance
Improve control of losses
Provide necessary evidence of coverage
Manage insurance market volatility
Cover hard-to-insure risks
Simplify the loss experience for different business units
As a risk management tool for self-insured retentions
Lower the total cost of risk (increased market resilience)
Provides access to capital and reinsurance markets
The Allianz Group offers a wide range of products, services, and solutions in insurance and asset management and operates as an international insurer on almost every continent.
With our worldwide network, Allianz Global Corporate & Specialty (AGCS) is one of the very few global insurers with an exclusive focus on the needs of global corporate and specialty clients.