Captive insurance
Captive insurance
An employee benefits captive insurance company offers a strategic opportunity for organisations to self-fund group protection programmes, as well as enabling companies to design and control all aspects of their employee benefit programmes and empower employees to live healthier lifestyles. Managed properly, a captive employee benefit programme can turn insurance costs into a profit centre for the captive owner.
The Isle of Man is home to more than 100 regulated captive insurance arrangements with some of the world’s most significant insurance brands providing management and governance services.