MLchartDataset catalogue

Industrial insured captive insurance company

Term · Insurance and risk management · MLC-T-INS-001823

A subsidiary insurance company established by a large industrial organization to underwrite its own risks and those of its affiliates. This structure allows the industrial insured to gain greater control over its insurance programs, manage claims more efficiently, and potentially reduce premium costs. It operates under specific regulatory frameworks for captive insurers.

Table 1. Record
IdentifierMLC-T-INS-001823
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-001823",
  "term": "Industrial insured captive insurance company",
  "field": "Insurance and risk management",
  "definition": "A subsidiary insurance company established by a large industrial organization to underwrite its own risks and those of its affiliates. This structure allows the industrial insured to gain greater control over its insurance programs, manage claims more efficiently, and potentially reduce premium costs. It operates under specific regulatory frameworks for captive insurers.",
  "url": "https://mlchart.com/terminology/insurance/industrial-insured-captive-insurance-company/"
}

Record 1,760 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.