Coverage Written

Types of Insurance Coverage Written by a Captive Insurance Company

The following list is neither exclusive nor exhaustive and is a reflection of the versatility of a 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, credit property, disability, accidental damage, theft, residual value.