Captive Solutions

Africa Specialty Risks is the go-to Captive Partner helping companies de-risk project development capital by alleviating capacity constraints and improving speed to market.

Reimagining Risk

We offer bespoke captive insurance solutions that provide financial and risk management benefits. These solutions are available across a range of sectors and are suited to conglomerates and multinational organisations, multilateral development banks (MDBs), development finance institutions (DFIs), and State Owned Enterprises (SOEs).

Our fully managed captive insurance solutions are custom built to align with financial goals and risk profile. We offer support from setting up and managing captive insurance companies including feasibility studies, licensing, management and compliance.

Financial benefits:
> Profit and premium retention
> Speed of claims settlement
> Stabilising risk financing over the long term
> Improves project execution

Risk management benefits:
> Direct access to the reinsurance market
> Bespoke pricing
> Optimal market cycle management
> Claims settlement and reserving

Suitable criteria for organisations considering Captives
> Spending >$500k annually in insurance premiums
> Lack of capacity in the insurance market or too expensive to insure
> Complex risk requirements and specialty insurance needs
> More control over claims
> Volatility in annual insurance pricing
> Multiple business units that could participate in a single insurance structure
> Risk profiles which could be subject to positive claims experience

Meet the Team

Krishna Bheenick

Managing Director – Mauritius

+230 5250 7948
krishna.bheenick@asr-re.com