Objective: demonstrate knowledge in captive insurers, in
relation to enterprise risk management.
You are the risk manager of for Paymore ShoeSource, a large,
publicly traded, and expensive shoe store chain. Your boss tells
you that you that Paymore is planning to set up a broad insurance
captive. Overhearing the conversation, a coworker who is not
familiar with captives interrupts the conversation with a number of
questions. Please answer the following questions for the
coworker.
Generally, why would a large company...