After a record growth year, captives can expect more of the same: Marsh’s Serricchio
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After a record growth year, captives can expect more of the same: Marsh’s Serricchio

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A hard market coupled with a drive among insureds to generate savings on property, D&O and other programs will continue to drive captives’ expansion, according to a senior Marsh executive.

Michael Serricchio, Americas sales and advisory leader at Marsh Captive Solutions, said recently there had been “historic growth” in captives of all kinds during 2020, representing more than “double the best year ever,” with even dormant captives starting to...

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