Date post: | 12-Jul-2015 |
Category: |
Business |
Upload: | spring-consulting-group |
View: | 89 times |
Download: | 5 times |
A Risk Manager’s Guide
1
4
2
3
IMPROVED COST SAVINGS
Control Employee Bene�t Premium CostsReduce Frictional Costs and Underwriting SavingsCapture Investment ReturnsImprove Cash Flow and Centralize Investment of ReservesImprove Management Reporting and Understanding of Risks
IMPROVE RISK MANAGEMENTManage a Centralized Risk PoolPurchase Stop-Loss Reinsurance to Manage Exposure to Catastrophic LossQuantify the Financial Bene�ts of Wellness Initiative and Speci�c Loss Prevention Programs
www.SpringGroup.comtwitter.com/SpringsInsightlinkedin.com/company/spring-consulting-group-llc
© 2013 Spring Consulting Group, LLC. All rights reserved.
4 Advantages to FUNDING EMPLOYEE BENEFITS IN CAPTIVES
INCREASE ADMINISTRATIVE CONTROL
Design Coverage and Provisions of Bene�tsImprove Data Management and Loss Cost ManagementEnable Visibility of Loss Data to Target Program Improvements
ENHANCE A PROPERTY & CASUALTY CAPTIVEIncrease Reserves and Reduce Dependence on Commercial MarketsImprove Spread of Risk; Portfolio DiversityAdd Thirdy Party Insurance Business Potentially creating tax-deductible Captive Premiums