Webinar - Are Captives Attractive?: Exploring the Captive Insurance Option

Overview

Wednesday, Jul 11, 2012 - 03:00pm to 04:30pm CDT

Forming a captive insurance company is a frequently overlooked and largely misunderstood option for managing risks and exposures in a cost effective way. Who should form a captive and what are the tax and non-tax benefits? Join this webinar to hear our speakers explore the captive concept, relevant factors to consider when exploring this alternative, how to set it up and what’s involved in the ongoing management. Case examples will be shared to illustrate important key concepts.

In this program, participants will be able to:
• Articulate the requirements for starting a captive insurance company
• Compare and contrast the benefits and drawbacks for starting a captive
• Explain ownership structure and operations of a captive insurance company

  • Speaker(s)

Pamela Radsch, Marsh Private Client Services

Pamela Radsch is the leader of the Marsh Private Client Services Family Office division. As the national Family Office Leader, Pamela directs the risk management consultation services provided to families with substantial assets who are members of a family business, single family office, private trust company, or multi-client family office. With more than 23 years experience in advising high net worth individuals and families on personal risk management issues, Pamela has obtained a unique expertise in the family office and wealth managment arena by
focusing on the specific lifestyle needs of family office clients for the past 12 years. 
 

Michael Serricchio, Marsh Client Services

Mike is a Senior Vice President in the Captive Advisory Group and resides in Marsh’s Norwalk, Connecticut office.  Mike assists clients in the U.S. and globally with the feasibility and organization of single parent captives, as well as risk retention groups and Rent-A-Captives.  Mike also participates in captive strategic reviews for clients that already have captives.  Mike is frequently involved with reviewing merger and acquisition transactions where there are one or more captive subsidiaries and advises on various issues.  He handles a wide range of consulting services surrounding various captive issues and concerns, such as capitalization levels, new coverages, tax concepts, captive investment opportunities, and cost savings.  Mike’s industry focus areas include privately held companies, financial institutions, retail, manufacturing, and power and utilities.  Mike speaks at various industry seminars and conferences, as well as conducts training classes within the Marsh Captive Solutions Group.