Over the last 30 years, captives have gone from a boutique industry to what we would call a commodity market product, which is an integral part of the fabric of the insurance industry. Captives are even being offered to accounts paying premiums as low as $100,000. How did captives go from being an alternative market to being the "go to" market? What is it that makes captives so appealing, and why do so many college and universities prefer this type of risk financing? This panel discussion, which will include individuals representing differing perspectives, will give a historical perspective of the events that took place to cause the evolution of captives.
Objectives: +Understand what happened in the past that led to the current surge in captive activity and interest +The difference between captive structures and the role of the captive manager + See how captives differ from traditional insurance program designs
