Simon Phillips explores the relationship between captives and parent companies and considers how captives can benefit from the parent company’s wider connections.
Simon discusses the relationship between a captive and its parent. He talks about the constant search for greater efficiency and cost-savings and how a captive is expected to generate a return for the parent company.
Simon identifies how a captive can benefit from a relationship its parent company may previously have had with a bank. He points out that the ultimate objective is to increase the efficiency of the captive and that this can be achieved by leveraging these relationships.