Alternative Risk Management for Specific Needs
Hylant's Captive Practice has extensive hands-on experience structuring, implementing, operating, and servicing captive-related programs. Hylant's Captive Group helps Fortune 1000 companies form alternative risk programs that fit their specific needs, and improve their bottom lines.
Hylant's history with captives includes agency, segregated cell, single-parent, and group captives, both mixed and uniform. Whether in-house or outsourced with its partners, Hylant can provide a complete captive package for any organization.
However, not all companies are right for captives. Hylant's client executives can help determine if conditions are right, such as how comfortable a client is with a long-term commitment; whether risk taking is commensurate with a company's balance sheet; the level of commitment and resources to loss prevention; the reason for wanting a captive; and a willingness to commit talent to successfully operate the program.
While these are all important considerations, captives should not be approached in haste, or simply in reaction to a hard market. A captive can be an effective cost-saving tool, but entering one is an important business decision that should be carefully considered. And, should it be determined that a captive is not a good fit, then Hylant's experienced advisors can help find other alternative risk vehicles better suited for your needs.