原文传递
Group captives
| 题名： | Group captives |
| 正文语种： | eng |
| 作者： | Raymond White |
| 摘要： | The instability of rates in traditional insurance markets continues to be a prevalent issue. To combat this trend, many companies in the tank truck industry are turning to group captives. But what does that really mean? A group captive is an insurance program formed and controlled by multiple member companies to insure certain risks. While members own and control the captive, a captive management company handles the day-to-day operations, which allows the member companies to focus on running their individual businesses. Each captive is established with its own set of bylaws to address various member concerns, such as the process and standards for allowing new companies to buy in and become members. This article dives deeper into the topic, highlighting potential benefits and drawbacks, common concerns, and what to look for in a captive. But keep in mind that, while the information here is broadly applicable, captive groups come in all shapes and sizes, and the specifics of each varies greatly. |
| 出版年： | 2023 |
| 期刊名称： | Bulk Transporter |
| 卷： | 84 |
| 期： | 12 |
| 页码： | 20-21 |
检索历史
应用推荐
