This session offers an engaging introduction to the journey of forming and evolving a captive insurance company, with insights drawn from historical trends and modern advancements. Our panel will showcase the journey of creating a captive insurance company, with emphasis on how today's evolving risk landscape is shaping new strategic uses. We’ll also highlight how the operator of a very mature captive evaluates new opportunities, manages internal stakeholders, and ensures long-term value. We’ll explore how captives have historically served as effective risk financing tools and how that foundation is now supporting a broader range of initiatives as the risk environment and market forces change over time. Organizations are increasingly exploring the use of captive surpluses to fund emerging risk management strategies, but tapping captive funds requires thoughtful due diligence. Through case studies and real-world examples, the panel will examine how captive owners align surplus deployment with long-term retention requirements, preserve capital integrity, and navigate regulatory and tax considerations.

 ICCIE Continued Education credit available for session participants.