ESG Captive Solutions Guide

Social covers labor standards, wages and benefits, diversity, human rights, privacy and data protection, health and safety, and other social justice issues.

Captives offer organizations flexibility and control to address the people risks that impact their business, including employee benefits and employee engagement programs. Captives writing employee benefit risk can support the execution and delivery of a company's diversity, equity, and inclusion (DEI) strategy and serve as a mechanism to:

• Harmonize benefit coverages across geographies.
• Provide coverage not available in some locations, such as maternity benefits.
• Remove exclusions, such as for suicide or neonatal care.

The captive board itself can be a mechanism to enhance DEI strategy for the group, providing opportunities for individuals from a variety of business areas to participate in key decision making for an important group subsidiary.