THE CAPTIVE INSURANCE COMPANY'S GUIDE 14
The first five chapters of this eBook have focused on:
The challenges that may lead a captive manager to
consider an integrated risk management solution;
What such a solution should be able to do;
The value a captive manager should expect from a
system;
What kinds of captives are good candidates for a
technology system; and
Case studies illustrating how an integrated risk
management solution helps real-world captives.
If your captive decides an investment in technology is appropriate, then this
chapter outlines some of the considerations and next steps.
Before approaching any technology investment, then the following needs to be
established:
• Overall objectives and outcomes expected from the investment in
technology.
• Current position identifying any challenges or issues with the current
systems, procedures and processes.
• Future desired position identifying any new requirements or resolutions of
existing challenges/issues.
• Prioritization of all identified requirements and potentially phasing of the
project.
CHAPTER 6: TECHNOLOGY INVESTMENT APPROACH
1
2
3
4
5
TRANSITION
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CHANGE
FUTURE
CURRENT
P R I O R I T I E S
