Captive

1. Groups of companies - insurance - noun.

Abbreviation for captive insurance company.

2. Groups of companies - noun.

Any service company that is part of a group of companies, whose customers are mainly - or entirely - other companies in the group.

3. Groups of companies - adjective.

Describing any entity that is part of a group of companies, whose customers are mainly - or entirely - other companies in the group.

See also

• Alternative risk transfer
• Captive insurance company
• Group
• Insurance
• Parent company