OREANDA-NEWS. In this A.M.BestTV episode from the annual Vermont Captive Insurance Association (VCIA) conference, captive experts say they expect captives to host more new risks, expand their geographic reach and tap new forms of risk capital.

“Today, captives are not just tools for managing the retention of risks and accessing reinsurance markets, but also are for accessing alternative market solutions, capital solutions and new forms of capital,” said Sean Rider, executive vice president, consulting and development, global capital practice, Willis Towers Watson. “I believe having the captive as a hub for analytically driven decision support is part of the evolution of captives.”

Rider also sees tremendous opportunities for captives to grow in Latin America, China and Europe.