☰The best signals come from your total premium spend measured against your claims history. Captives tend to reward companies whose loss history shows they manage risk better than their commercial pricing reflects (you are overpaying) and whose losses are predictable enough to plan around (there is reliable profit in your risk).
Within a given business, the individual managing the insurance function is likely to understand your circumstances the best. This is frequently a CFO, a risk professional, or a legal team. The question to answer is how much profit is built into your premium, and is it worth keeping it instead of ceding it away.
A captive is a poor fit in a few recognizable cases. If losses are severe and erratic with no pattern to price, a strategy built on more retention is hard to justify. If the goal is immediate premium relief and nothing more, the early years may disappoint, since the payoff compounds over time. And if the motivation is primarily tax, that is the wrong reason to own a regulated insurance company. Luzern works with businesses of all shapes and sizes to model feasibility upfront and provide the data necessary to take the first step.