Captive Management

Do you have a challenging Insurance scenario? A captive might be the elegant self insurance mechanism to protect your business.


A captive is an insurance company that is set up and owned by a non-insurance company (such as a power company) to insure its own risks. There are a number of advantages to forming a captive. If structured correctly, they can bring important financial management advantages including:

  • Better loss control
  • More efficient taxation management
  • Improved cash flow (from lower premium volumes and captured investment returns)
  • Enhanced risk management capacity
  • Direct access to the reinsurance market
  • The ability to customise cover

For those companies that do not have the size or resources to establish a captive on their own, protected cell companies (PCCs) offer an alternative as they allow small companies to group together. Each company is protected, so the creditors of one company have no right of recourse against the others. English law does not currently recognise PCCs, so they need to be established offshore in territories such as Guernsey and Malta. With guidance from Kingsbridge’s experienced staff, a captive or PCC can be relatively straightforward to establish and the process can be completed within months. We can help with the full spectrum of services, including feasibility studies, set-up and on-going management. With an office in Guernsey, we are perfectly placed to deal with all these requirements and provide the regulatory guidance required.

Large Complex Risks

At Kingsbridge, we offer risk financing, insurance and risk management services tailored to larger organisations in need of more complex solutions. These services include:

  • Insurance programme design and placement – aiming to increase cover and lower your costs.
  • Managing risk financing reviews, with work including risk appetite analysis; captive reviews and management; self-insurance fund analysis; and policy wording reviews.
  • Insurance due diligence for mergers and acquisitions.
  • Claims support and analysis.

Risk management consultancy, including advice on business continuity planning; contract wordings; property loss control; health and safety; risk profiling; advice on risk management statements; risk training; construction project consultancy; and weather and environmental risk.

Contact Us

A captive is an insurance company that is set up and owned by a non-insurance company (such as a power company) to insure its own risks. There are a number of advantages to forming a captive. If structured correctly, they can bring important financial management advantages including:

  • Better loss control
  • More efficient taxation management
  • Improved cash flow (from lower premium volumes and captured investment returns)
  • Enhanced risk management capacity
  • Direct access to the reinsurance market
  • The ability to customise cover

For those companies that do not have the size or resources to establish a captive on their own, protected cell companies (PCCs) offer an alternative as they allow small companies to group together. Each company is protected, so the creditors of one company have no right of recourse against the others. English law does not currently recognise PCCs, so they need to be established offshore in territories such as Guernsey and Malta. With guidance from Kingsbridge’s experienced staff, a captive or PCC can be relatively straightforward to establish and the process can be completed within months. We can help with the full spectrum of services, including feasibility studies, set-up and on-going management. With an office in Guernsey, we are perfectly placed to deal with all these requirements and provide the regulatory guidance required.

Large Complex Risks

At Kingsbridge, we offer risk financing, insurance and risk management services tailored to larger organisations in need of more complex solutions. These services include:

  • Insurance programme design and placement – aiming to increase cover and lower your costs.
  • Managing risk financing reviews, with work including risk appetite analysis; captive reviews and management; self-insurance fund analysis; and policy wording reviews.
  • Insurance due diligence for mergers and acquisitions.
  • Claims support and analysis.

Risk management consultancy, including advice on business continuity planning; contract wordings; property loss control; health and safety; risk profiling; advice on risk management statements; risk training; construction project consultancy; and weather and environmental risk.

Contact Us