Captive insurance companies are insurance companies established with the specific objective of insuring risks emanating from their parent group or groups, but they sometimes also insure risks of the group's customers.
Read more about Captive Insurance: Origin of Term, Domicile, Business Lines, Regulation, Captive Manager, Main Captive Domiciles
Famous quotes containing the words captive and/or insurance:
“The creative writer is usually captive to his next book.”
—Fannie Hurst (1889–1968)
“For there can be no whiter whiteness than this one:
An insurance man’s shirt on its morning run.”
—Gwendolyn Brooks (b. 1917)
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