A Captive Suite

A captive suite refers to a dedicated set of software tools within a larger platform, designed specifically for managing and customizing a company's captive insurance operations. These suites streamline tasks like policy administration, claims processing, and compliance. By centralizing these functions, they improve efficiency, accuracy, and control over internal insurance programs, often used by organizations insuring their own risks rather than purchasing external insurance. Essentially, it acts as a specialized, integrated digital workspace that helps companies oversee and manage their captive insurance activities more effectively.