• ABC's of Captives: (A)ssessment

  • Jul 20 2021
  • Length: 2 mins
  • Podcast

ABC's of Captives: (A)ssessment

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  • Summary

  • In this episode of Captive Talks, we are starting our series of the ABC's of Captives.

    Here, we focus on the letter A and what an (A)ssessment entails within captives.

    Assessments happen when your claims frequency is more than expected and your frequency fund is 100% depleted inside your captive loss funds.

    Furthermore, assessments are limited, and you will always know your expected maximum amount upfront. This in turn gives you your maximum cost for insurance.

    Enjoy!
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