Captive Readiness Assessment
A focused assessment of insurance expenditure, risk profile, loss history, capital readiness and strategic fit—designed to provide a clear, independent Go / No-Go view.
Explore service
CAPTIVE INSURANCE ADVISORY
Turn insurance spend into strategic risk capital.
Valoris advises corporate groups, owners and boards on the feasibility, formation and governance of captive insurance companies—helping clients retain the risks they understand and build resilient risk-financing infrastructure.
Independent · Cross-border · Confidential
Initial discussions are confidential and non-binding.A DISCIPLINED APPROACH TO RISK FINANCING
A captive is a strategic decision about risk, capital and governance.
For organisations with material, recurring or difficult-to-insure risks, a captive can provide greater control over premium allocation, retained risk, claims data, reinsurance access and capital planning.
But a captive must be built on genuine economic substance. It requires insurable risk, actuarially supported pricing, adequate capital, disciplined reserving, appropriate risk transfer, governance and regulatory compliance.
Valoris determines whether a captive is commercially justified—and, where it is, guides the path from assessment to formation, launch and long-term oversight.
Our approachDISCRETION BY DESIGN
Complex risk decisions require a confidential environment.
Captive planning often involves sensitive insurance costs, claims history, ownership structures, capital allocation and commercial strategy. Valoris approaches every discussion with discretion as a foundational principle.
We do not disclose client identities, mandates, programme structures or commercial information without express approval.
Our approach to confidentialityWHAT WE DO
From first assessment to enduring governance.
Feasibility & Structuring
Board-ready feasibility studies, financial modelling, domicile selection, ownership analysis, risk-transfer design and implementation roadmaps.
Explore serviceFormation & Licensing
End-to-end coordination of licensing, business plans, capitalisation, provider appointment, governance documentation and launch readiness.
Explore serviceGovernance & Optimisation
Ongoing support for boards, reporting, risk registers, reinsurance renewal, capital planning, compliance calendars and programme optimisation.
Explore serviceWHY CONSIDER A CAPTIVE
When commercial insurance no longer reflects the quality of your risk.
A captive may be relevant where insurance expenditure is material, exposures are predictable, deductibles are high or market capacity is constrained.
The right structure can turn retained risk from an unmanaged cost into a governed financial capability.
01
Greater control over coverage design, premium allocation and retention strategy
02
Potential access to tailored reinsurance and risk-transfer structures
03
Improved visibility across claims, losses and operational risk data
04
More disciplined reserve, capital, liquidity and collateral planning
05
A long-term platform for risk governance across a corporate group
THE VALORIS PROCESS
A structured path from strategic question to operating platform.
01
Assess
Review spend, losses, exposures and capital readiness.
02
Model
Test economics, reserves, solvency and adverse outcomes.
03
Structure
Select domicile, ownership and risk-transfer framework.
04
Launch
Coordinate licensing, capital, policy issuance and readiness.
05
Govern
Support oversight, reporting, compliance and strategic review.
STRUCTURES WE ADVISE ON
The structure should follow the risk—not the other way around.
Pure Captive
Best suited for
A single corporate group with material, recurring and measurable risk.
Primary advantage
Greater control over underwriting, retained premium and group-wide risk financing.
Key consideration
Requires sufficient scale, capital, governance and operational substance.
Group Captive
Best suited for
Businesses operating in a common industry or risk community.
Primary advantage
Shared infrastructure, diversified participation and collective purchasing power.
Key consideration
Member alignment, underwriting discipline and governance are critical.
Protected Cell Company
Best suited for
Organisations seeking an efficient route to captive participation.
Primary advantage
Segregated assets and liabilities within an established insurance platform.
Key consideration
Control and flexibility differ from a wholly owned captive.
Rent-a-Captive
Best suited for
Organisations testing a strategy without immediately forming a standalone insurer.
Primary advantage
Faster entry with lower initial infrastructure requirements.
Key consideration
Contractual economics, governance rights and capital terms need careful assessment.
Reinsurance Captive
Best suited for
Groups requiring a fronting insurer or admitted local policy issuance.
Primary advantage
The captive can assume economic risk through reinsurance arrangements.
Key consideration
Fronting fees, collateral, claims authority and terms must be carefully structured.
Existing Captive Optimisation
Best suited for
Owners of established captive insurance companies.
Primary advantage
Potential improvements in capital efficiency, reinsurance, governance, coverage and collateral.
Key consideration
Requires a full operational, financial and regulatory baseline review.
SECTOR EXPERIENCE
Risk financing designed around business reality.
Real Estate & Infrastructure
Property retentions, development risk, construction exposure, portfolio concentration and business interruption. A captive may be relevant, subject to feasibility analysis.
Manufacturing & Industrial
Product liability, supply-chain interruption, property loss, environmental exposure and retained operational risk. A captive may be relevant, subject to feasibility analysis.
Logistics & Transportation
Fleet, cargo, liability, employee, cross-border and interruption exposures. A captive may be relevant, subject to feasibility analysis.
Technology & Cyber-Exposed Businesses
Cyber risk, errors and omissions, privacy exposure, business interruption and evolving market capacity. A captive may be relevant, subject to feasibility analysis.
Professional & Financial Services
Professional indemnity, directors’ and officers’ exposures, cyber risk and contractual liability. A captive may be relevant, subject to feasibility analysis.
Healthcare, Life Sciences & Specialty Risks
Complex liability profiles, product risk, clinical operations, continuity and specialty coverage constraints. A captive may be relevant, subject to feasibility analysis.
PERSPECTIVES
Insights for owners, boards and risk leaders.
Captive Strategy
The Board’s Guide to Captive Insurance Feasibility
The questions directors, CFOs and shareholders should answer before commissioning a feasibility study.
Read insightRisk Financing
When Does Insurance Spend Become Strategic Risk Capital?
Why premium volume alone does not determine whether a captive programme is commercially justified.
Read insightFormation & Licensing
Captive Domicile Selection: Beyond Minimum Capital Requirements
A framework for evaluating regulatory fit, operating substance, governance and long-term flexibility.
Read insightCONFIDENTIAL INITIAL DISCUSSION
Begin with a clear and confidential assessment.
An initial discussion provides an independent first view of the questions, evidence and workstreams that matter.
Request a Confidential DiscussionInitial discussions are confidential and non-binding.SUBSTANCE MATTERS
Built for substance, not shortcuts.
Captive insurance is regulated. A sustainable programme requires genuine insurable risk, actuarially appropriate pricing, adequate capital, effective governance, documented claims administration and compliance.
Valoris coordinates with appropriately qualified actuarial, legal, tax, insurance and regulatory professionals where required.