Captive Insurance: From Concept to Execution
Captive insurance is quickly becoming the go-to strategy for risk-savvy professionals. It’s no longer just for big corporations—mid-sized companies, niche industries, and forward-thinking risk managers are using captives to control costs, manage volatility, and better support their clients.
Whether you’re a broker, underwriter, or risk manager, this course gives you the practical insights and skills to confidently advise your clients, understand their needs, and proactively guide their captive insurance decisions.
Stand out. Be the expert. Master Captive Insurance.
What You Will Learn
Captive Fundamentals
Formation Process
Cost & Compliance
Financial Insights
Learning Objectives
Upon completing this course you’ll be equipped to:
- Define what a Captive is and analyze why a company would want to own one;
- Identify who makes a good candidate and outline the steps to set up a Captive;
- Differentiate between the various types of Captives;
- Evaluate the time and costs required to set up a Captive, as well as the roles of service providers involved;
- Compare and contrast the different domiciles for Captives;
- Interpret year-end Captive statements and their implications; and
- Assess the negative aspects of owning a Captive and formulate an informed decision on whether or not to pursue ownership based on the pros and cons.
Course Curriculum
- Welcome to Captive Insurance: From Concept to Execution
- Important Course Instructions for Certificate Issuance
- Course objectives
- Downloadable Material
- Introduction and objectives
- What is a Captive
- Why would a company choose to set up a captive
- What makes a company an ideal candidate for a Captive today
- Introduction and objectives
- Types of Captives
- What risks are most commonly put into a Captive
- Fronted vs non-fronted Captives
- How are claims that occur in a Captive handled
- Chapter 3 Quiz
- Introduction and objectives
- Risk management, risk transfer and risk finance
- Costs involved in setting up a Captive
- How do Captives generate and manage profits
- Chapter 4 Quiz
- Introduction and objectives
- What is a feasibility study
- Timeline for setting up a Captive
- Who are your Captive’s key service providers
- What is fronting
- Understanding the flow of funds in a fronted Captive
- Chapter 5 Quiz
- Introduction and objectives
- What is a Captive domicile
- What are the most common domiciles
- Chapter 6 Quiz
- Introduction and objectives
- The year-end financial review of a Captive
- Key financial indicators and their importance
- Reviewing reserves and capital adequacy
- Investment strategies for captives
- Captive financial statements and the yearly audit
- Chapter 7 Quiz
- Introduction and objectives
- Sad but true fact: Captives are not perfect
- But everything I read about Captives makes them seem so perfect…
- Why would a Captive fail
- Chapter 8 Quiz
- Closing Remarks
- Course Survey
- Captive Insurance: From Concept to Execution – Final Assessment
About ITC courses
ITC takes pride in delivering high quality, unbiased courses on professional and management liability insurance and related topics. Designed specifically for online delivery, our courses are interactive, include activities and quizzes, use practical illustrations and real-life case studies and deliver knowledge in bite-sized portions so even just 5 minutes is learning time well spent.
How we build courses
ITC courses are the product of a collaborative approach. We work closely with subject matter experts to build out course content, the ITC design team brings that content to life, and no course is published before undergoing an intense review by an industry panel. Our process also includes post-publication reviews and updates because ITC is committed to delivering quality courses that remain accurate, relevant and up-to-date, long after they are first published.
Testimonials
ITC’s D&O and EPLI courses helped me understand the insurance proposals we receive AND to explain to my executive team and board members the risks we can (and cannot) manage through insurance.
Most insurance courses are either pitched at people learning about the subject for the first time or jump straight into advanced topics. The ITC courses do a great job for all learners and I particularly liked the online format since you can either spend time starting from the beginning or quickly move on to the areas of most interest to you. The course material also went beyond insurance policy language – addressing risk management, claims processes, what buyers should consider, and more.
ITC effectively tackles complex subject matters in a very creative manner. I would highly recommend to anyone looking to broaden their understanding.
Great way to enjoy an evolving subject matter. Thank you ITC, enjoyed that!
I’ve been in the insurance industry for over 20 years and this is by far the best educational material I have seen! Great for new and established professionals!
ITC Education is the perfect platform for busy insurance professionals to expand their knowledge in bite-size, manageable, easy & informative modules. The subject matter is well researched and presented in an engaging and easy-to-understand format. The modules are set up so that you can zero in on a subset or explore the topic more fully – time permitting. The examples are easily applied to real-life situations.
With ITC, you can take any course at any time. For the best learning experience, a prerequisite may be recommended in the course description.
At ITC, we want to hear from you! Our courses are specifically developed to provide relevant and up-to-date training on insurance topics. If there is something you’d like to learn or explore and we don’t have the course, please reach out!
We take pride in providing up-to-date relevant courses! ITC is committed to reviewing all course content at least once a year and making any necessary updates or additions to course materials.
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When you purchase a single course you will receive lifetime access to the course from any device. This includes any future updates to course materials.
We offer a risk-free 30-day money-back guarantee on all our courses. If you are not happy with your ITC course purchase you have up to 30 days from your original date of purchase to contact ITC at learning@insurancetrainingcenter.com to request a full refund. All we ask is that you provide us with the reason for your refund request. It is feedback from clients like you that helps us to improve our courses.
Captive Insurance: From Concept to Execution
- Foundation to Advanced
- 32
- 2 hours
