For a variety of reasons, the options for covering IP, data, brand and other intangible assets via traditional risk transfer solutions are often limited. Many insurers, for instance, are reluctant to cover contingent business interruption losses caused by a disruption in the supply chain.
That’s also why more and more captive owners are implementing increasingly innovative solutions for protecting their intangible assets against various threats. They recognise that captives offer a flexible, adaptable and capital efficient alternative for safeguarding their reputations, IP, data and related resources.
This article looks at the advantages of captives over traditional risk transfer solutions covering IP, data, brand and other intangible assets.