Richard Cutcher: Executive Producer, Global Captive Podcast: What is a captive and the new opportunities for innovation

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If we want to understand opportunities for innovation in insurance we need to understand what the customer wants – the people and companies buying insurance. Many companies are now setting up captives to use their own capital as an alternative or to complement the insurance they are buying. 

In this episode, Matthew is joined by Richard Cutcher, Executive Producer of the Global Captive Podcast and the Ambassador for the Captive Special Interest Group at the UK Risk Managers Association (Airmic).

They start off with an explanation of what a captive is, and discuss the opportunities for risk managers and insurance buyers for using data and analytics.

Other talking points include: 

  • How captives are regulated

  • Examples of companies using captives 

  • Data and analytics that are being used by captives from companies such as Arbol

  • Recommended podcast episodes from the Global Captive Podcast

You can find Global Captive Podcasts 35, 63 and 67 mentioned in the podcast here.

If you like what you are hearing, please leave us a review on whichever platform you use or contact Matthew Grant on LinkedIn.

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Continuing Professional Development - Learning Objectives

InsTech is accredited by The Chartered Insurance Institute (CII). By listening to an InsTech podcast, or reading the accompanying transcript, you can claim up to 0.5 CPD hours towards the CII member CPD scheme.

The Learning Objectives for this podcast are:

  • Define the role of 'captives' in the insurance industry and how they are regulated
  • List some examples of the relevant data and analytics of interest to captives
  • Summarise the benefits of companies setting up captives to complement or offer alternatives to traditional insurance

Let us know you have listened to this podcast by emailing and if your organisation is a member of InsTech you will receive a quarterly summary of the CPD hours you have earned.

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