Global Fronting & Captive Management Programmes
There are times when companies face challenges that the traditional insurance or financial markets may not address effectively. Capacity may be limited. Significant risk retention may be required. The exposure may not be covered. Market conditions may be volatile. There may be a need for locally issued insurance policies. These are just a few examples of the challenges our global fronting programmes can help meet.
We help companies address non-traditional exposures by providing highly customised fronting programmes that apply insurance and/or capital market strategies. In addition, we provide captive management and consulting services regarding the feasibility, formation and management of captives, and offer cell captive facilities.
We partner with each client to understand its objectives, identify and analyse its risks and custom-design a programme to support its business strategy. Clients can choose from a wide range of innovative programmes that offer varying levels of risk retention and/or risk financing. Our programmes extend to all types of exposures and industries—providing solutions that deliver our expertise and global capabilities.
AIG provides a complete range of captive management and consulting services including the structuring, formation, and overall management of captives with a unique understanding of each domicile’s regulatory requirements and local business practices.
In addition, we manage AIG’s own sponsored captives which are domiciled in Vermont and Guernsey. The sponsored captive is a form of “rent-a-captive” and offers a flexible alternative risk solution for clients, with the added benefit of a lower cost structure and reduced capital requirements compared to a standalone captive.
Our integration with AIG’s global fronting and alternative solutions teams enables us to provide a seamless, one-stop risk management solution for our clients.
What makes AIG the right captive manager for you?
Potential benefits of a captive structure
Feasibility and Operational Reviews
Whether you are looking to form a new captive or optimize your existing captive programme, our consulting team can provide you with expert knowledge and guidance.
A captive feasibility study will provide you with:
An operational review will provide you with:
The following case studies provide examples of the ways in which Global Risk Solutions can help clients address challenging exposures by providing highly customised, innovative programmes that apply insurance and/or capital market strategies. Our programmes can be designed for almost any exposure and are not limited to any particular class of risks.