Sandra Duncan and Nick Hentges, of Captive Resources, discuss the dramatic rate of growth in the group captive insurance marketplace, and the factors which have been informing its success.
Excerpt:
Captive Review: Captive Resources’ client group captives continue to grow significantly. Is the growth coming from new formations or expanding portfolios?
Nick Hentges: We have seen growth in both of these areas, having successfully formed several new captives over the past 5-6 years. In addition, we’re dramatically growing existing captives organically, by adding new members.
Sandra Duncan: Also, we’ve helped some of the larger, more mature captives to manage growth by developing minimum size parameters for new members. Consequently, there was a need for new captives to accept smaller new members.
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