Captive owners are increasingly considering how to diversify their captive programs’ risk portfolios, and at the same time are recognizing the need to focus on compliance. Enlist assistance to assess and understand your global risk exposures in order to tailor a captive solution for your business. Zurich has the infrastructure that can keep up with changing regulations worldwide.

As one of the industry leaders in captive services, Zurich draws on more than 25 years of experience to help you realize the benefits of your captive. Our services encompass life, non-life and consolidated captive services.

Single parent captives
In addition to traditional single-parent captive solutions, Zurich offers a vast range of solutions that give you coverage tailored specifically to your captive. Zurich’s captive services help you optimize the value of your captive, with:

• A broad range of fronting, reinsurance, claims, risk-engineering and loss-analysis services for single-parent captives
  
• Support from a global network of customer services, including coordination with Zurich’s captive/ART unit in Europe
  
• Integration with Zurich’s business insurance, with emphasis on the design and implementation of international risk management programs
  
• Multinational protocols that help align your captive program with local insurance regulations
  
• Corporate life, pension and accident and health benefits for your workplace

Group captives
When dealing with group captives, there are more factors and risks involved. Zurich has the experience and resources to provide your group captives with innovative enterprise risk management solutions, including:

• Specialized software to help you facilitate, continually monitor and manage risks and relevant metrics within your captive 
• Total risk profiling to offer you a systematic approach to risk identification, prioritization and improvement for more effective risk management of your captive and its parent
• Supply chain risk assessment and insurance to help diversify your captive portfolio by securitizing supply chain risks, increasing access to reinsurance capacity, freeing up premium allocation, providing reliable supplier data to aid in securing necessary contingent business interruption (CBI) limits, funding supply chain risk assessments with captive cash flow and increasing your understanding of supply chain exposures
• Business continuity management to help you proactively protect your profitability when serious and unexpected interruptions occur to you or your critical suppliers

Available group captive products and programs include:

• Structures and traditional casualty lines
• Quota-share and stop-loss coverage
• Concurrent and non-concurrent policy-attaching agreements

Other captive products
Depending on the makeup of your risk profile, a holistic solution may better protect your company than a single-parent or group captive. Zurich assesses and serves various types of captives through the use of independently owned segregated portfolio companies (SPC).

With the SPC option, we help our customers mitigate the cost of forming and maintaining a captive facility. The segregated portfolio company creates individual captive "cells" that are separate from each other but linked to the captive, segregating the assets and liabilities of each cell and protecting participants against another cell's insolvency or bad loss experience.

The SPC option is right for homogeneous and heterogeneous captives, including:

• Multiple-member
• Single-member
• Agency
• Program administrator
• Association

Zurich's Alternative Risk Transfer Group specializes in global integrated risk programs on a multi-year, multi-line basis. The benefits of integrated risk programs may include an optimized risk portfolio, lower administrative costs and greater contract certainty.

While each integrated program is customized to the needs of the client, there are certain characteristics common to most:

• A single aggregate limit — Rather than requiring the insured to buy separate coverage limits on a transactional basis, an integrated program can be structured with a single aggregate limit that applies to a company’s portfolio of risks.
• A multiple year term — Integrated programs typically extend over a three-year term, which provides the insured the benefit of a stable rate regardless of market conditions or loss experience.
• Management of a multitude of risks — Integrated programs typically encompass at least three lines of coverage.
• Basket aggregate protection — Retained loss volatility can be managed by controlling the total amount of retained loss the insured could face in a given period of time.
• Management of risk where traditional market solutions are inefficient or unavailable — An integrated program offers a platform for combining elements of risk transfer and risk financing.