Search
 

Captives Cite Troubles With Their Fronts

Captives Cite Troubles With Their FrontsThe number of insurers willing to serve as a front for captives is down, while the quality of fronting services ...

By Caroline McDonald | Updated on June 17, 2002

Captives Cite Troubles With Their FrontsThe number of insurers willing to serve as a front for captives is down, while the quality of fronting services is deteriorating and costs are rising for no additional value, an industry study found.

That is the grim picture for risk managers that emerged in a joint survey by the Minneapolis-based Captive Insurance Companies Association and the Vermont Captive Insurance Association, entitled: “The CICA 2002 Fronting/Risk-Sharing Survey.” The report follows up on last year’s inaugural survey.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

 

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2023 ALM Global, LLC. All Rights Reserved.