Global Captive Management (GCM) today announced the launch of Outcomes SPC, a new solution designed to offer companies a cost-effective and streamlined way to enter the self-insurance market. This innovation targets younger, smaller, or more entrepreneurial firms seeking control over their coverage needs while leveraging GCM’s extensive industry expertise.
Alanna Trundle, President of GCM, explained, “Outcomes SPC is aimed at candidates considering a single-parent captive but who want to lower entry barriers. These companies are entrepreneurial, willing to take on risk, have solid loss control programs, view captive insurance as a long-term investment, and seek premium stability.”
Traditional single-parent captive insurance requires one entity to own and operate its own insurance company, managing all governance, costs, and regulatory compliance. By contrast, Outcomes SPC operates as a segregated portfolio company within a shared structure, allowing cost efficiencies while maintaining independence and separation among participants.
GCM described the structure as “a leasing solution, similar to leasing office space instead of purchasing a building,” enabling companies to benefit from each other while keeping assets and liabilities separate.
Trundle added, “Compared to setting up an independent captive, SPCs offer numerous advantages including operational efficiency, lower government fees, and reduced capital requirements.”
She further noted, “Outcomes SPC features a flexible design where each insurance program remains independent, allowing customization based on company needs. For companies looking to gain experience before fully transitioning to a captive structure, this solution serves as a valuable stepping stone.”
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