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Forming A Captive Requires Vigilance, Hand-Holding

One of the toughest aspects of forming a captive is choosing a name, according to experts who help risk managers through the steps of starting their own insurance company.

“Its humorous, but one of the toughest jobs might not be finding a front[ing carrier], but picking a name,” said Rory Gorman, managing director at Marsh Management Services (Bermuda) Ltd.

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