Macquarie has launched a rent-a-captive insurance solution for property casualty-related risks.
Captive insurance has seen steady growth in recent years and now represents nearly 25% of the overall commercial insurance market, according to the EY 2024 Global Insurance Outlook.
Nick Wilski, global head of Macquarie Insurance Facility, added: “Macquarie joining the rent-a-captive market provides an opportunity for our clients to simplify their insurance needs. By offering clients the opportunity to leverage the benefits of captive insurance, without the operational burden, we’re providing an efficient, flexible and tailored insurance solution.”
Macquarie Insurance Facility aggregates some US$1.6bn of premium spend annually from participating private equity, infrastructure, energy and real estate firms.
Printed Copy:
Would you also like to receive CIR Magazine in print?
Data Use:
We will also send you our free daily email newsletters and other relevant communications, which you can opt out of at any time. Thank you.
YOU MIGHT ALSO LIKE