In this interview in Captive Review, Guy Carpenter’s Rick Hartmann, Senior Vice President, Treaty Broking and Captive Segment Sales Leader, explains how captives offer operational flexibility when seeking reinsurance protection, especially for exposures at risk of catastrophic weather events.
“Throughout their history, captives have offered stability, pricing insulation and greater control—that last point has particularly resonated with insurers and risk managers that have strong confidence in the expected loss of their underlying portfolios,” Rick said. “Additionally, having the ability to access alternative capital providers in the form of the third-party reinsurers and insurance-linked securities (ILS) markets enhances a risk manager’s ability to achieve the most competitive terms.”