Insurance Cover

Types of insurance covers written by Captive Insurance companies

The following list is a reflection of the versatility of the captive insurance company. By definition a number of the categories listed below could fall into more than one class, or be combined with other forms of insurance.

Property

Fixed asset protection (buildings, equipment, plant), motor (own damage and third party), stocks, work in progress, all risks and contents, business interruption and consequential loss, natural catastrophes (including earthquake, typhoon, wind storm, tornado and flooding), e-commerce (especially disruption of production and service following a virus).

Casualty 

Workers compensation, employers liability, general liability, auto liability, public liability, product liability, product recall, medical malpractice, environmental, accident and health, life cover.

Other liability 

Life, health, employment practices, punitive damages, disruption of supplies.

Hull and marine 

Marine hull and liability, aircraft hull and liability, goods in transit.

Financial 

Errors and omissions, directors and officers, patent infringement, brand protection, credit, miscellaneous financial losses, Key man, political risks, financial risks, loss of key customers or contracts, pecuniary loss, mortgage indemnity, variable life annuities.

Customer insurance 

Warranty, creditor life, disability, accidental damage, theft, residual value.