Every risk financing alternative, with the possible exception of guaranteed cost insurance, has benefits and risks. A risk manager must be prepared to make an informed decision regarding whether, and how, an organization should embark on the path of forming a captive.
Every risk financing alternative, with the possible exception of guaranteed cost insurance, has benefits and risks. A risk manager must be prepared to make an informed decision regarding whether, and how, an organization should embark on the path of forming a captive.