Captive Claim Management

Many practitioners may think captive claim management is just like "regular" claim management. While most process and practices are the same or very similar, captives and alternative risk financing vehicles do have nuances and unique features and requirements that dictate processes and practices for this form of risk financing. Thus, this article will identify those distinctive aspects of claim management critical to a well-run program. A good place to start is the lines most commonly found in captives. They include auto liability, workers compensation, general liability, medical malpractice, professional liability, property, and product liability.