Since the birth of the captive insurance industry in the 1950s, thousands of large and small businesses have benefitted from the financial, risk management and operational efficiencies inherent in a captive programme. The usage of captives, Risk Retention groups and protected cell companies continues to increase and evolve despite the on-going long-term soft insurance market, which is a testament to the importance and advantages of these structures. In today’s mature captive and alternative risk environment, we see captives being used by a wide range of organisations including corporates, government entities, affinity groups, brokers and MGAs.

The historic risk management benefits derived from carefully structured captive programmes are as relevant today as they were in the early days of the captive sector

  • Participating in the underwriting results of their risks or the risks they produce or control
  • Finding alternative solutions for business which is perceived to be uneconomical to transfer to the traditional insurance markets
  • Putting into an insurance-type environment business which it may not be possible to insure widely in the commercial insurance market.

Increasingly captives are also being used as risk aggregators and transformer vehicles to transfer non-traditional or portfolio risks to the capital and alternative risk / reinsurance markets.

RFIB’s captive practice provides our clients with the major aspects of designing, implementing and providing reinsurance for a range of captive solutions. Our captive practitioners have decades of first-hand experience in all aspects of the global captive sector.

Captive feasibility analysis and consulting

  • Identification of appropriate self-insurance mechanism
  • Analytical claims analysis
  • Programme design
  • Retention structure analysis
  • Domicile review


  • Project management and business planning
  • Negotiation with regulators and managers
  • Liaison with lawyers, accountants, bankers


  • Management via preferred partners
  • Policies, claims, premiums, funds, reports and accounts


  • Design, marketing and implementation

Your Key Contacts

Richard Johnston