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Corporate Governance Best Practices for Captive Insurance Companies

THE FOLLOWING ARTICLE WAS WRITTEN BY BENJAMIN ARTHUR WHITEHOUSE AND WAS ORIGINALLY PUBLISHED IN IRMI.

Adopting good corporate governance best practices is essential to the long-term success of any captive insurance company. This article will discuss a number of salient points that should be a feature of any captive insurance program regardless of size. Good corporate governance practices can help keep a captive focused on its core mission of aiding the risk management program of its owner/insureds. Good corporate governance will help keep the captive in good standing with the regulator and can identify problems before they become serious.

To read the article in its entirety, please click here.