The Group Captive is one of the best known types of Performance Based Insurance (PBI). Think of group captive as an insurance company owned and operated by its members. Just like a traditional insurance company, a group captive issues policies, collect premiums and pays for claims, but claims are...

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Many types of insurance fit within the category of Performance Based Insurance (PBI). Some of the names may be familiar to business executives, while others might come as a surprise: Risk Retention Group Baseball Retro Retention Plan Pure Captive Self-Insured Retention Plan Paid Loss Retro Participating Dividend Plan Safety...

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Captives, a better known type of Performance Based Insurance, are becoming increasingly popular as an insurance vehicle for many companies, large and small. Approximately 30 US states have passed laws allowing captives to be formed in their jurisdictions. Vermont, which allowed the first on shore captive to be formed,...

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