NU Online News Service, Aug. 13, 4:09 p.m. EDT
BURLINGTON, Vt.--Facing shrinking resources, an uncertain economy, and changing political and regulatory landscapes, risk managers may be forced to reassess their particular captive insurance solutions, a new white paper suggests.
The paper, "Darwinism at Work? How the Current Economy and the Market Impacts Captives and Risk Managers," was released by ACE at the Vermont Captive Insurance Association annual conference held here.
"It's not a question of whether captives will be around, but more how they fit into overall expense management and enterprise risk management strategies," said Carol A. Frey, vice president, ACE Risk Management, who co-authored the report with Linda Kane, senior vice president, ACE Financial Solutions.
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