Aon Benfield, a global reinsurance intermediary and capital advisor, reports that Energi Holdings, an industrial captive reinsurance company, has utilized its CapTivate reinsurance solution to support Energi’s growth.
Developed by Aon Benfield’s Structured Reinsurance team, CapTivate is a reinsurance product tailored specifically to captives, and provides reinsurance cover as a form of collateral, which is required of them by fronting insurance companies. It reduces the need for captives to hold cash or letters of credit, which are a more costly alternative.
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