The Captive insurance company's guide : overcoming data challenges in a regulated environment
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<subTitle>: overcoming data challenges in a regulated environment</subTitle>
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<abstract displayLabel="Summary">Parent companies must constantly reviewing the performance of their captives, to ensure they are continuing to deliver value and remain aligned with the corporation¿s strategic objectives. With increased regulation and governance on both captives and their associated parent, there is a heightened need for efficient operations in the captive; effective handling of data is at the core of this need. In particular, captives handling larger volumes of data or with many data sources cannot afford to ignore the needs resulting from increased regulation and governance. As business requirements change (for instance, the captive¿s need to adapt to a change in the risk management strategy of the parent), the technology and associated data management need to evolve with those changes. Different types of captives will need different solutions, so it is certainly not the case that one size fits all. The report examines how captive managers can use technology to overcome data challenges and the resulting benefits</abstract>
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