Captive Insurance explained - How it works in practice

In this episode, Ben Perfitt is joined by Ben Davis of Willis Towers Watson, Christina Bell of Davies and Richard Paris-Smith of Strategic Risk Solutions to explore the mechanics, misconceptions, and momentum behind captive and cell structures in Guernsey.

 The conversation explores how premium collection, claims, and reinsurance operate inside a captive, why arm’s-length pricing and regulatory solvency matter, and how businesses decide between a standalone captive and a faster, lower-cost PCC cell. Also discussed is the growing role of brokers and MGAs, why they are increasingly taking "skin in the game," and how Guernsey’s pragmatic regulation and speed to market make it such a powerful domicile.