Macquarie expands offerings with new rent-a-captive insurance solution

Macquarie Insurance Facility has expanded its client offerings by introducing a rent-a-captive insurance solution for property and casualty (P&C) risks.

This solution enables clients to benefit from Macquarie’s captive insurer status without the significant upfront investment and ongoing costs associated with establishing and operating a standalone captive insurer. Clients gain advantages such as greater control, flexible risk retention, and more effective risk management.

In recent years, captive insurance has steadily grown, now comprising nearly 25% of the commercial insurance market. With the appeal of cost savings, customised risk management, and enhanced cash flow opportunities, more clients are turning to captive insurers.

Nick Wilski, Global Head of Macquarie Insurance Facility, commented, “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.”

This new rent-a-captive insurance product is the latest development in Macquarie’s insurance expertise. Earlier this year, Macquarie was approved as a Lloyd’s cover holder and secured a binding authority agreement with Mosaic Insurance.

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