Tag: Charles Spinelli

For many mid-sized firms, insurance expenses fluctuate more than operating risks, as per Charles Spinelli. Premium hikes often follow market cycles rather than loss experience. As a result, traditional insurance may distort long-term financial planning. In this context, forming a captive insurance company can make financial sense when a firm seeks stability rather than simple risk transfer. The niche value lies in using captives as tools for managing predictable risk volatility. Mid-sized firms often face recurring, low-to-moderate losses. These losses are frequent but rarely catastrophic. However, commercial insurers price such...