Family offices are increasingly turning to captive insurance structures as a way to better align risk management with long-term wealth preservation, according to a new case study from Global Captive Management’s Jessica Dontas. The report concludes that traditional commercial insurance models often fail to meet the needs of families with concentrated, multi-generational assets and therefore driving interest in alternatives that provide greater control over pricing, coverage, and capital.
By establishing their own regulated insurance entities, families can retain underwriting profits, smooth volatility over time, and create a disciplined framework for managing emerging risks. The study highlights the Cayman Islands as a leading jurisdiction for these captive structures, emphasizing their role not only in risk financing but also in governance, capital stewardship, and next-generation development.