captive insurance is an alternative to self-insurance in which a parent group or groups create a licensed insurance company to provide coverage for itself .

the main purpose of doing so is to avoid using traditional commercial insurance companies , which have volatile pricing , and may not meet the specific needs of the company .

by creating their own insurance company , the parent company can reduce their costs , insure difficult risks , have direct access to reinsurance markets , and increase cash flow .

when a company creates a captive they are indirectly able to evaluate the risks of subsidiaries , write policies , set premiums and ultimately either return unused funds in the form of profits , or invest them for future claim payouts .

captive insurance companies sometimes insure the risks of the group 's customers .

this is an alternative form of risk management that is becoming a more practical and popular means through which companies can protect themselves financially while having more control over how they are insured .

there are many variations of how captives can be set up , which can be broken into two categories .

the first , category is known as non-sponsored in which the company is the creator and beneficiary .

within that category the most common are single-parent or “ pure ” , group and association .

the second category is sponsored in which the captive is owned and controlled by another company that allows other companies to “ rent ” insurance .

this category includes protected cell captive insurers and rental captives .

captive insurance

vermont has continued to take a leadership role in all areas of captive insurance including at the naic and in the captive insurance community .
new zealand ' s insurance legislation is called the
insurance companies deposit act .
it does not distinguish between a captive and a normal new zealand insurance company . the environment is favourable for captive insurance companies .
property & casualty insurance industry tech and partnership news from johnson & johnson insurance , tower insurance , caa and more .
arizona department of insurance captive pages or arizona captive insurance association ( azcia ) to read about captives in arizona , its legislation and download forms .
source : business insurance survey , business insurance ( urltoken ) , march 2018 .
atlas insurance management has received approval from the texas department of insurance to act as a captive manager in the state .
dig deep into important issues and trends in captive insurance . download this free special report featuring practical knowledge and insights from eight respected captive insurance thought leaders !
tax law generally allows businesses to create “captive” insurance companies to protect against certain risks . traditional captive insurance typically allows a taxpayer to reduce insurance costs . the insured business claims deductions for premiums paid for insurance policies . those amounts are paid , either as insurance premiums or reinsurance premiums , to a “captive” insurance company owned by the insured or parties related to the insured .
february 7 , 2017 - - causey salutes rep . johnson on captive insurance program
aon captive and insurance management ( acim ) provide application , set - up and on - going outsourced management services to insurance , reinsurance and captive entities in ireland .
the captive wire™ publishes important captive insurance , reinsurance , regulatory , financial , and economic news from around the globe daily .
enter your email address below to receive current news and events related to captive insurance .
the 2015 rankings of the world ' s largest captive insurance domiciles is excerpted from the march 15 , 2015 issue of business insurance .
second - substantial changes have occurred in the tax landscape dealing with captive insurance companies . the service has issued a number of revenue rulings setting out what it believes are the requisite fact patterns for a valid captive insurance arrangement , and more recently the tax court has examined captive insurance arrangements and further clarified the requirements for a valid captive insurance arrangement .
aon ' s captive & insurance management team manages approximately 1 , 100 insurance entities worldwide including captives , protected and incorporated cell facilities , special purpose vehicles and specialist insurance and reinsurance companies .
other insurance risks that get listed for policies written by captive insurance companies include disability , employment practice liability , business interruption and online attacks .
one of the primary goals of a captive insurance company is to provide improved risk management for an organization . some of the risk management benefits that a captive insurance company can achieve :
alternative risk consulting , independent director services , and captive insurance management for self - insured organizations and group captive structures . specialized in working with captive program managers and insurance consultants to design and manage efficient turn - key operations .
“issues paper on the regulation and supervision of captive insurance companies , ” iais , october 2006 .
follow this link to montana captive insurance legislation , forms , regs , history of captive legislation - - all on a well - designed page .
a captive insurance company ( cic ) is an insurance company established by an operating parent company for the purpose of covering the parent company’s specific risks . cics are effectively a type of “self - insurance . ”
david slenn said some policies distort the original purpose of captive insurance companies and sidestep gift tax laws .
insurance companies and reinsurers will need to approve a domicile as well as the individual captive being used .
captive insurance is a regulated form of self - insurance that has existed since the 1960s , and has been a part of the vermont insurance industry since 1981 , when vermont passed the special insurer act . captive insurance companies are formed by companies or groups of companies as a form of alternative insurance to better manage their own risk . captives are typically used for corporate lines of insurance such as property , general liability , products liability , or professional liability . growth sectors of the captive insurance industry include professional medical malpractice coverage for doctors and hospitals , and the continued trend of small and mid - sized companies forming captive insurance companies .
a
captive insurance company
( captive ) is an insurance company that issues coverage for specific risks to a business for which coverage from commercial insurance carriers may be unavailable or unaffordable . instead of paying premiums to a commercial insurance carrier , premiums are paid to a captive . any money that is not utilized or paid in claims stays in reserves , is investable , and may become profit in the captive .
in fact , montana’s core captive regulators are the same individuals who have been on the job since the state’s birth as a captive domicile in 2001 . the only major change occurred when steve matthews took over the captive regulation helm from john huth in 2008 after the montana captive insurance association appointed him captive insurance coordinator of the montana state auditor’s office .
captive review magazine is a monthly publication read by more than 12 , 000 subscribers , 60 percent of whom are captive owners . the magazine and web site are also widely used by captive management firms and the wider captive insurance service provider sector .
may 11 , 2009 : from the arizona department of insurance , you can now download the arizona captive insurance division reference guide in pdf . this document is only a guide intended to assist you in the formation and ongoing operation of a captive insurance company in arizona .
non - life insurance and reinsurance companies in ireland are subject to authorisation as an insurance or reinsurance undertaking under the european communities ( non - life insurance ) framework regulations , 1994 . the central bank of ireland is responsible for the authorisation , regulation and supervision of all insurance undertakings authorised in ireland ( this includes captive insurance , captive reinsurance and special purpose reinsurance vehicles ( ‘sprvs’ ) .
captive insurance professionals launched a staunch defence of 831 ( b ) insurers at the captive insurance companies association ( cica ) international conference in light of the us internal revenue service’s ( irs ) renewed interest in them .
on june 17 ohio gov . john kasich signed legislation ( hb 117 ) allowing for the creation of captive insurance companies . ohio now joins 30 other states that permit captive companies , which are popular risk management tools for large corporations . a captive insurance company generally is an insurance company owned by a parent or operating company that underwrites insurance for the parent and its operating subsidiaries .
atlas insurance management provides you with a sound basis of expertise in the major u . s . and offshore captive insurance domiciles . each of these domiciles possesses unique characteristics , which should be considered in establishing your captive .
read our guide and find out why selecting a captive insurance domicile is a key decision that will have an impact on how a captive program is put together .
taft is a captive management firm that excels at creativity in captive structural design and art market knowledge .
generally , the more established a captive domicile is , the quicker the captive formation process will be .
different types of captive require different expertise , as regulations can vary according to the type of captive .
as the 19th century came to a close , the first liability policies were issued : employer liability was followed by auto liability insurance . the introduction of liability insurance led to further expansion of the insurance business and to greater specialization among distributors , with general agents mostly selling liability insurance and independent agents fire insurance .
atlas insurance management is a leader in the formation and management of captive insurance companies for diverse clientele in major u . s . and offshore domiciles . atlas creates custom captive insurance models for the efficient financing of risk and matches innovative techniques to the client’s strategic business objectives and appetite for risk .
a captive insurance company is a form of corporate
self - insurance .
while there are financial benefits of creating a separate entity to provide insurance services , parent companies must consider the associated administrative and overhead costs , such as additional personnel . there are also complex compliance issues to consider . as a result , larger corporations predominantly form captive insurance companies .
the majority of captives are owned and used by non - insurance companies . the term “captive” originally referred to subsidiaries set up by non - insurance companies to insure the company’s own risk . however , the use and definition of “captive” has broadened over time , as insurance companies are now creating captives . notably , some life insurers have entered the market , utilizing captives to form captive reinsurance subsidiaries and insurance securitizations . this development has led to questions regarding whether third - party insurance risk should be a risk undertaken by a captive insurer .
the captive insurance company solution has long been utilized by some of the largest companies in the united states . congress has enacted tax incentives to encourage the formation of captives for the small and medium sized business market . at its core , a captive insurance company is a wholly owned company that insures the risks of companies affiliated with the shareholders of the captive . the captive insurance company may also offer other planning benefits .
middle - market companies looking for alternatives to traditional insurance offerings should consider the option of captive insurance , especially for the ability to control costs , achieve tax benefits and manage its risk .
no . captive insurance strategies have been around for over 50 years . allstate insurance was a captive insurance company of sears before allstate was sold in 1995 . for many years , large corporations , such as exxonmobile , adm , verizon and at & t ; , have utilized captives as alternative risk transfer strategies to reduce insurance costs , improve risk management , and save taxes .
downloadable pdf files , posted october 2006 . please check with your local captive consultants for any subsequent changes to the captive law or regulations before proceeding with your captive :
as an authorized service provider in the state of delaware , we believe regulatory compliance is paramount to a captive insurance strategy .
a well - known captive insurance company made headlines in the wake of the 2010 british petroleum plc oil spill in the gulf of mexico . at that time , reports circulated that bp was self - insured by a guernsey - based captive insurance company called jupiter insurance and that it could receive as much as $ 700 million from it . british petroleum is not alone in this practice , as many fortune 500 companies have captive insurance subsidiaries .
a captive is a smart risk management insurance structure that , when executed in compliance with state insurance regulations and irs guidelines , may provide more cost effective business risk coverage while simultaneously building equity .
many companies seek to rationalize their captive arrangements and release capital or simply seek to exit third party lines of business to enable their captive insurance affiliates to focus on core group insurances .
the captive insurance company or the captive cell must qualify as an insurance company for tax purposes . very briefly , this means it must have adequate risk shifting and sharing and operate and be regulated like a
real
insurance company ( e . g . , with adequate capital to allow it to take risk ) .
rent - a - captive – a captive owned by an outside organization and open to participants for a fee . members “rent” licenses and capital from the rent - a - captive owner . a rent - a - captive , or rental captive , is often used by entities that prefer not to form their own dedicated captive or for a program that is too small to justify incorporating its own captive .
captive planning associates is a boutique captive management firm specializing in alternative risk solutions to closely - held family - owned businesses and large corporations . the firm is known for its holistic approach to design , formation and implementation of captive insurance companies . cpa manages a variety of captive structures in various industries .
icg captive services , llc provides consulting , formation and management services for captive insurance companies . with years of experience in the insurance , legal and accounting industries , we use a multi - disciplined approach to design and implement captive strategies . our captive services team is committed to building customized programs that integrate with our clients ' goals , manage risk and yield financial benefits .
during the 1700s and 1800s , there were instances of mutual insurance companies being formed by members of a particular industry to provide insurance coverage .
january 2012 : rules , databased searchable , downloadable captive laws , forms , contacts , and a wealth of information are now available on the tennessee insurance division - captive insurance pages here . this is a great website that is clear and easy to navigate .
23 march 2010 : guernsey retains world leader status for captive insurance .
two new studies have reaffirmed guernsey’s position as the leading captive insurance centre in europe and among the top four in the world . . . .
[ to full story ]
while the internal revenue service has accepted the use and role of captive insurance arrangements as an integral part of a comprehensive risk management strategy , they continue to challenge captive insurance arrangements which fail to comply with the principles and guidelines established by the courts in defining
insurance
for us federal income tax purposes . in response , pwc has developed a comprehensive captive health check to assist companies in assessing how their captive insurance arrangements stand up against these principles and guidelines and to serve as a platform for identifying best practices and possible enhancements to improve the captive ' s financial benefits .
the tax concept of a captive insurance company is relatively simple . the parent company pays insurance premiums to its captive insurance company and seeks to deduct these premiums in its home country , often a high - tax jurisdiction . a parent company will locate the captive insurance company in tax havens , such as bermuda and the cayman islands to avoid adverse tax implications . today , several states in the us allow the formation of captive companies . the protection from tax assessment is a sought - after benefit for the parent company .
the tax status of the captive insurance company for u . s . federal income tax purposes is an important consideration . if the captive qualifies as an insurance company for u . s . federal income tax purposes , then premium paid to the captive is tax deductible by the insured entity , and the captive is allowed favorable tax treatment under subchapter l of the internal revenue code .
the state of vermont has been awarded the top us domicile for “excellence in captive insurance services . ” the award was presented by captive review magazine during the inaugural u . s . captive services awards on sept . 10 , in chicago . the awards ceremony was attended by more than 200 captive management professionals .
most major corporations have captive insurance companies . for example , exxon mobil corp . has ancon insurance co . inc . ; verizon communications inc . has exchange indemnity co . ; johnson & johnson has middlesex mutual assurance co . ; and the boeing co . has astro ltd . properly structured captive insurance companies are legitimate companies that underwrite risks that are being covered by a third - party insurer or that the companies would otherwise insure themselves . companies with hard - to - place insurance needs are prime candidates to create a captive insurance company .
at oxford risk management group , we specialize in conducting captive feasibility analysis and coordinating turn - key design , implementation , regulatory approval and management of captive insurance companies . we bring together the right partners with expertise where it matters most , to deliver the highest possible degree of long - term success for your captive insurance company .
like any other insurance company , self insurance is subject to regulation . a captive will be subject to the same corporate governance matters as other subsidiaries in the consolidated group , including establishing a sound business plan .
at its most basic level a “pure” captive works like this : a corporation with one or more subsidiaries sets up a captive insurance company as a wholly owned subsidiary . the captive is capitalized and domiciled in a jurisdiction with captive - enabling legislation which allows the captive to operate as a licensed insurer . the parent identifies the risks of its subsidiaries that it wants the captive to underwrite . the captive evaluates the risks , writes policies , sets premium levels and accepts premium payments . the subsidiaries then pay the captive tax - deductible premium payments and the captive , like any insurer , invests the premium payments for future claim payouts .
10 january 2017 . if you would like to more effectively manage your company’s risks , looking into captive insurance options may be particularly beneficial , including forming a micro captive insurance company to cover a portion of your company’s risks . smaller insurance companies with annual premiums under $ 2 . 2 million in 2017 ( adjusted for inflation ) , may qualify as a micro captive and only be taxed on net investment income at the captive level . however , there are other tax qualifications that must be met in order to form a micro captive .
insurance companies with less than $ 1 . 2 million in annual premiums pay $ 0 income tax on insurance profits ( only investment income is taxed )
according to business insurance , there are 29 captive domiciles in the u . s . , including 28 states and the district of columbia .
if the parent company realizes a tax break from the creation of a captive insurance company will depend on the classification of insurance , the company transacts . in the united states , the internal revenue service ( irs ) requires risk distribution and risk shifting to be present for a transaction to fall into the category of
insurance .
the irs publicly declared that it would take action against captive insurance companies suspected of abusive tax evasion .
some corporations may have multiple captives that insure different risks . for example , one captive may cover a corporation ' s product liability , while another provides insurance for the corporation ' s employee benefit liabilities . captives also are not limited to publicly traded corporations . midsize and privately held corporations , tax - exempt corporations , and even nonprofits may choose to form a captive insurance company to insure some of their risks . for example , veritas insurance corp . is the university of michigan’s captive insurance company .
mcneel said beginning in 2009 , the company significantly expanded its “domestic captive formations after becoming a licensed captive manager in delaware . ”
different captive managers will have different fee structures depending on the volume of business going through the captive and the services being performed .
cole , cassandra and mccullough , kathleen a . , “captive domiciles : trends and recent changes , ” journal of insurance regulation , summer 2008 .
aon manage over 1 , 250 insurance vehicles globally in 33 domiciles , receiving the ‘best captive manager award’ by business insurance magazine readers in 2009 and 2010 . our broad client base includes the captive entities of parent companies throughout a full range of industries across all lines of business and programs .
june 27 , 2018 - - commissioner causey announces that captive insurance program provided a $ 30 million boost to n . c . economy in 2017
insurance business can require a large volume of transactions . a captive manager must have adequate resources to execute them in a timely and efficient fashion .
capstone’s clients use alternative risk financing strategies to reduce insurance costs , improve risk management , customize coverages and increase cash flow . capstone provides captive insurance services to middle market companies , offering turnkey services with its related law firm .
depending on to what extent the captive manager is to get involved with the underwriting and claims aspects of the captive program a knowledge of the class of business being written by the captive is important .
the notice defines the computation period as the captive insurance company ' s five most recent tax years , or if it has been in existence for less than five tax years , the entire period of its existence . if the captive insurance company has existed for less than five tax years but is a successor to one or more captive insurance companies
created or availed of in connection with a transaction described in the notice ,
these entities ' tax years are treated as tax years of the captive insurance company . for these purposes , a short tax year is treated as a tax
a captive insurance company is a wholly owned subsidiary company that provides risk - mitigation services for its parent company or a group of related companies . a captive insurance company may form if the parent company cannot find an outside firm to insure them against particular business risks ; if the premiums paid to the captive insurer creates tax savings ; or if the insurance provided is more affordable or offers better coverage for the parent company ' s risks .
janet aschkenasy is a freelance writer who specializes in insurance and employee benefits issues .
the key purpose of insurance regulation is to protect policyholders first and foremost , as well as investors and other stakeholders . a captive is different from a commercial insurance company , because it just serves its parent company . therefore , captives are regulated differently than traditional insurance companies that serve the public . like traditional insurance companies , captives are regulated by the state in which its headquarters are located .
different domiciles have different laws regarding the amount of capital that is required to start a captive . one of the main advantages of the captive approach is that the capitalisation and surplus requirements of starting up a captive can be lower than they would be for forming an onshore insurance company .
the insurance company has at least been insuring against the risk of fire . and likewise , a small captive is supposed to insure a legitimate risk .
in its 2006 regular session , the alabama legislature passed a bill allowing for captive insurance companies . gov . bob riley signed the bill into law .
new distribution channels : in the early days of insurance , insurance policies were sold at banks . but the 1916 national bank act limited banks’ sale of insurance , except in small towns . in the 1990s various court decisions allowed banks to get back into the business of selling insurance , culminating in the 1999 gramm - leach - bliley act , which said that banks , insurance companies and securities firms could affiliate and sell each others ' products . since that time banks have bought hundreds of insurance agencies and brokerages , and bank sales of all kinds of insurance have grown significantly .
the term “captive” or “exclusive” agent has become associated with companies known today as direct writers . one major difference between captive and independent agents is that the independent agent rather than the insurer legally owns access to policy renewals . captive insurance agents may be employees of the company or independent contractors .
association captive – a captive owned by a trade , industry or service group ( e . g . , doctors ) writing only the risk of its owners and / or affiliates . an association captive is similar to a group captive except that it is sponsored or owned by a group of entities within a particular organization with common insurance needs and similar exposures .
captives were first organized in the 1950s , when youngstown sheet & tube company formed its own insurance subsidiaries , with the intention of providing insurance exclusively for their corporate - owned mines . soon they were referred to as captive insurance companies , because of the direct connection and exclusivity between the company and what it insures . the term today is used to describe instances where the policyholder owns the insurance company ; i . e . , the insurer is captive to the policyholder .
this link leads to the missouri captive insurance program page . here , you will find a terrific menu leading to everything you will need to explore captive formation in missouri . our congratulations to missouri on a job well done !
with the affordable care act slowly becoming the norm , mid - sized companies are looking for health care options — and one such option is captive insurance .
july 27 , 2007 : the 2006 captive act amendments : revolutionizing protected cell laws in the district by stephen f . donahoe , muldoon murphy & aguggia llp . on march 14 , 2007 , the district of columbia amended its captive insurance laws by enacting the captive insurance company amendment act of 2006 ( the “2006 amendments” ) . the 2006 amendments update segregated cell provisions included in the district’s captive insurance company acts of 2000 and 2004 and offer clear advantages over other domestic domiciles with respect to protected cell flexibility . [ more . . . ]
also see : urltoken for the insurance act and regs as supplied by the ccia .
april 2008 , white paper on captive insurance companies prepared for the reserve bank of new zealand , prepared by the nzcia . this is a good captive basics white paper , and contains helpful information on new zealand as a domicile .
group captive –a captive established by a group of companies with similar businesses or exposures writing only the risks of its owners and / or affiliates .
traditional insurers do not meet every risk - management need for every business . the captive insurance industry initially developed to formalize a large business enterprise’s self - insurance program . however , the captive insurance marketplace today is much more diverse than when it began . as risks evolve , responses to managing them change . it is incumbent upon insurance regulators to keep pace with this ever - changing , dynamic marketplace . the most recent test is the evolving nature of the risks transferred to captive insurers in the form of third - party insurance risk . we plan to report on the activities of the captives and spv use ( e ) subgroup as it considers the merits and issues associated with the use of captives to cover third - party insurance risk .
tennessee’s governor , commissioner , general assembly and business community have all worked together to create ‘explosive growth’ in the state’s captive insurance industry . julie mix mcpeak explains more
under section 831 ( b ) of the tax code , captive insurers that qualify as small insurance companies can elect to exclude limited amounts of annual net premiums from income , so that the captive pays tax only on its investment income .
a captive is an insurance company that insures the risks of its parent , shareholders , or affiliated companies . your captive issues insurance policies , collects premiums , and pays claims . all captives should be used to manage risk . in addition to that , captives may be used in many different ways and for many different reasons .
the section 831 ( b ) captive or “small” property and casualty captive is one of the most popular choices for the sector , according to capstone .
keystate captive management runs the largest bank captive program in the country . the program is designed by national accounting firm crowe horwath llp and then administered by keystate captive management . banks that fit a certain asset size and earnings criteria can form their own wholly owned captive insurance company to finance risks ( that are not commercially insured ) in a tax advantaged way . keystate ' s bank captive program has been endorsed by 24 state banking associations or their for profit subsidiaries .
the captive insurance company must be capitalized . in order for the captive to have an impact on the corporate group , it requires a material amount of capital and premium funding . as a result , there may be an opportunity cost associated with lower yield captive investments vs . higher parent “hurdle” rate ( roi ) .
houston - based capstone associated services ltd . announced it has formed its 100th captive insurance company . capstone formed its first captive in 1998 and has since formed captives for a wide variety of middle market businesses with headquarters throughout the united states .
september 22 , 2010 : from the recent sccia conference , download a luncheon slide presentation delivered by marsh management service ' s robert l . johnson on behalf of the south carolina captive insurance association - - south carolina captive economic impact report .
somers risk consulting specializes in the design , structuring and implementation of captive insurance companies . we combine strong consulting support with quality captive management services . our experienced consultants stay heavily involved at all stages providing a high level of personalized customer service .
some 30 states have passed legislation pertaining to captive groups , with vermont leading the formation of groups , the new york times and national association of insurance commissioners reported .
the legislation for captive insurers in the state of michigan was enacted by public act 29 of 2008 adding chapters 46 , 47 and 48 to the michigan insurance code .
in its simplest form , a captive is a wholly owned subsidiary created to provide insurance to its non - insurance parent company ( or companies ) . captives are established to meet the risk - management needs of the owners or members . they are essentially a form of self - insurance whereby the insurer is owned wholly by the insured . once established , the captive operates like any commercial insurer—i . e . , it issues policies , collects premiums and pays claims , but it does not offer insurance to the public—and it is regulated as a captive , rather than as a traditional insurer .
the strongest periods of growth for captives occur as builders respond to hard market insurance environments .
source : limra’s u . s . individual life insurance sales survey results and limra estimates .
soon , other mutual insurance companies were formed , followed by stock companies . the insurance company of north america ( ina ) , the first u . s . stock insurance company , was founded in 1792 . at first it sold only marine insurance but soon offered fire insurance as well and was the first company to insure both buildings and their contents . a few years later , in 1795 , the first u . s . insurance agency opened in charleston , south carolina . known as davis & reid , and later as the vigilant insurance office , it advertised that it offered a choice of “underwriters , ” entities that assumed the risk .
the international association of insurance commissioners ( iais ) defines a captive as “an insurance or reinsurance entity created and owned , directly or indirectly , by one or more industrial , commercial or financial entities , other than an insurance or reinsurance group entity , the purpose of which is to provide insurance or reinsurance cover for risks of the entity or entities to which it belongs , or for entities connected to those entities , and only a small part if any of its risk exposure is related to providing insurance or reinsurance to other parties . ”
the type of entity forming a captive varies from a major multinational corporation to a nonprofit organization . captives are held by the vast majority of fortune 500 companies as an alternative method of risk financing ( e . g . , gold medal insurance co . was established by general mills as a captive and allstate was originally set up as a captive by sears & roebuck co . ) . the industries with the greatest number of captives are finance , real estate , construction and manufacturing . over the past several years , there has been particular growth in areas such as health care , property development and securitization for life insurers . a corporation that forms a captive will normally organize the captive as a subsidiary . because few companies are in the business of insurance themselves , most captive parents will hire an outside firm , often an insurance company or captive manager , to manage the captive for them .
a captive is an insurance company set up by its owners primarily to insure its own specific risks . where the conventional insurance marketplace has not responded to the needs of businesses requiring innovative solutions for large or complex risks , organisations that venture into this area have much to gain . captive owners benefit from reduced insurance costs , access to reinsurers , an ability to insure the ‘uninsurable’ and improved cover and control . in addition , the captive approach may offer tax advantages . many international companies have found that a captive is the best means of creating and administering a global risk management programme .
the term “captive” was coined in the 1950s by frederic m . reiss , a property engineer turned insurance broker in youngtown , ohio . reiss , known as the father of captive insurance , used the term “captive” to describe an insurance company he helped form to provide insurance coverage solely to the parent . in 1958 , reiss incorporated american risk management and began to assist corporations in setting up captives . during this time , u . s . regulations made it prohibitively expensive to form and operate captives in the united states , leading reiss to seek out other jurisdictions to allow his captive idea to flourish . in 1960 , bermuda became an offshore financial center and , in 1962 , reiss set up the first modern - day captive there called international risk management ltd .
there were 5 , 745 captives worldwide at the end of 2011 , up from 5 , 587 in 2010 , according to an annual business insurance survey of captive domiciles .
march 2013 featured article : another us domicile on the way ? maybe . here ' s a bit of info about maryland ' s proposed captive insurance study : urltoken .
the legislation was the recommendation of the hurricane insurance issues task force , which put its stamp of approval on the bill in order to provide underserved commercial markets a new option for insurance .
“though vermont easily maintains its lead , once montana catches up in longevity as a captive domicile , it may well surpass it , ” said dick goff , president of the montana captive insurance association and captive manager with the taft companies , where he has an office in helena , montana . “discounting 831 ( b ) [ micro ] captives , montana is the largest captive domicile west of the mississippi . ”
the anguilla insurance website is well - designed and easy to navigate . download revised statutes of anguilla
urltoken you can link from the financial services commission site urltoken under insurance . official regs online .
general manager , island insurance management services limited . e - mail your questions to stanley at :
praise for regulators many captive managers appreciate the consistency and quality of the state’s captive regulators , according to goff . for instance , he said that montana insurance commissioner monica lindeen has “very selectively” chosen new personnel to regulate captives while maintaining a clear separation between the insurance department and the alternative risk department . “i applaud her for it , ” said goff .
to vanuatu captive insurance website all legislation , regs , apps , etc . are available in english and french . a well - organized , easy - to - navagate website !
september 11 , 2007 : download this informational powerpoint presentation from a session presented at the recent nzcia conference entitled ,
new zealand captive insurance legislation - - the future .
peter mullen , ceo of aon global risk consulting’s captive and insurance management team in bermuda , said one of the challenges aon discovered that clients had was actually understanding the risk .
cic services , llc is a risk management consulting firm , specializing in the utilization of captive insurance companies to help organizations achieve their overall enterprise risk management goals . we have been providing superior expertise , and full - service , turn - key captive management solutions since 2005 , and our principals have over a century of combined experience in the insurance industry .
as she explained it , the captive could be set up and owned by children and grandchildren . except for the money paid to establish the captive as an insurance company , the rest of the money put into the shelter would be free of gift tax .
a micro captive can write custom insurance policies that fit the specific needs of the insured entity . if you believe your company would benefit from establishing such a captive and would like more information on micro captives , captive resources has the services you need ; please contact ernie achtien at eachtien @ urltoken or amy lewis at alewis @ urltoken .
different captive domiciles have different capitalization , reporting , auditing and loss reserving requirements .
it is important to ensure that the captive manager can provide all the services expected by the captive user and which are not being outsourced to other service providers .
of course , the risks the micro - captive will write are of key importance to the success of the captive and have a profound impact on the tax treatment of premiums paid to the captive . the parent company should have a genuine need for a risk finance solution for the covered risks and , to have an opportunity to secure favorable tax treatment , it should be covering
insurance risk .
( see
when are premiums paid to a captive insurance company deductible for federal income tax purposes ?
) .
“just as there would be a condo developer , ” olson said , “here there is a sponsor of the core cell captive . ” that sponsor forms the cell captive with initial funding before selling off different units—the “cells”—that are used for various types of insurance business .
the study later becomes , in essence , the business plan for the captive with actuarial support for the loss assumptions , a description of how reinsurance will function behind the captive and how much capital will be required to make the captive financially viable .
advantage is a leading international provider of specialty insurance and related services to business owners and high net worth individuals seeking customized insurance solutions for their risk management and financial planning needs . advantage ' s business insurance group specializes in the creation of customized risk finance , risk protection and risk transfer solutions for small and medium - sized businesses using captive insurers and other alternative risk transfer methods .
captive insurance in hong kong - this is the link to general info and links , but you would need to dig to find the legislation ; hence , we provide it above .
selecting a domicile is a key decision and one that is made at an early stage , since regulatory factors will have an impact on how a captive insurance program is put together .
river oak risk is an independent captive management company offering innovative and flexible options to deliver a full range of alternative risk transfer strategies to middle market closely held businesses . ror is different from most captive management companies because our primary focus is on risk management . we work with clients to establish a comprehensive risk management program for their businesses incorporating their existing insurance programs with captive insurance to maximize the business owner ' s financial well - being long term .
. this link takes you to the main page for kentucky captive insurance . the links to all captive - specific information are clear , and the website is extremely well - done . we suspect this has something to do with the enormous initial success of the domicile !
2018 north carolina captive insurance association on august 20 – 22 , 2018 at the le meridien / sheraton hotelschief deputy commissioner dr . michelle osborne , sr . deputy commissioner debbie walker , and ncdoi’s captive insurance team will be presenting the opening plenary session on august 21 and exhibiting at the conference . commissioner mike causey will be presenting the commissioner’s luncheon speech on august 21 .
to become more attractive for and encourage the creation of captives within their borders , some u . s . states have adopted or revised their captive insurance laws . attracting captive insurance companies can promote business travel to a state , create jobs , and increase tax revenue via premium taxes on the captives . for example , vermont has been particularly aggressive in courting captive insurance companies ; it was one of the first states to make it attractive for captives to locate onshore . it did so by creating a favorable regulatory environment for the creation and operation of captives .
despite the stormy waters swamping the current insurance landscape , industry leaders say there are paths to success .
wholesale brokers may also be managing general agents , who are given authority by insurers to underwrite and “bind” insurance—provide temporary coverage until an insurance policy can be issued . managing general agents , who have a close relationship with the insurance companies they work with , may also handle claims and even help in the placement of reinsurance contracts—reinsurance is insurance for insurance companies . managing general agents may also arrange so - called “program” business , which is specialty insurance for homogeneous groups of policyholders , such as members of a specific industry . these programs , often offered and endorsed by trade associations , may provide coverage at lower prices .
a taxpayer attempts to reduce the aggregate taxable income of the taxpayer , related persons , or both , using contracts that the parties treat as insurance contracts and a related company that the parties treat as a captive insurance company . each entity that the parties treat as an insured entity under the contracts claims deductions for premiums for insurance coverage . the related company that the parties treat as a captive insurance company elects pursuant to [ sec . ] 831 ( b ) to be taxed only on investment income and therefore excludes the payments directly or indirectly received under the contracts from its taxable
a captive is a formalized form of self - insurance . over half of all premiums collected in the us are now in alternative vehicles ( like captives ) rather than the traditional market .
jeffrey simpson , director at law firm gordon , fournaris & mammarella , suggested that the captive insurance industry needs one or two examples for guidance and to provide standards before it can readjust .
there continues to be a buzz about section 831 ( b ) micro captives as having multiple benefits for companies that make the election and own a captive insurance company that meets irs requirements .
pwc has a proven track record of delivering high - quality captive insurance solutions throughout the captive lifecycle . what differentiates us is a multi - disciplinary team that can provide access to risk management , actuarial , tax ( us federal , state and international ) , regulatory and accounting professionals . we can assist you with all aspects of the captive establishment process including :
founded in 2006 , arsenal is nationally recognized as a leader in the captive industry . in 2016 , arsenal was named independent captive manager of the year in the us captive service awards organized by captive review magazine , in addition to nominations in 2014 and 2015 . arsenal delivers broad customer solutions in risk management for captives , mutuals , rrgs , and other insurance entities through office locations in alabama , georgia , florida , tennessee , and texas .
chad kunkel , senior vice president and group captive strategy leader at artex risk solutions inc . , the captive management arm of arthur j . gallagher & co . , told business insurance he has seen a 100 % increase in new businesses joining existing captives in the last year .
a : a feasibility study is important because it answers the essential question ; “what will my return on investment be by using a captive ? ” prospective shareholders of the captive should have a clear understanding of what to expect when their capital is used to establish an insurance company .
when the economy weakened again in 2008 , companies slowed the formation of captive groups , but insurance companies are seeing increased demand for them as the economic downturn flattens , property casualty 360 reported .
on november 1 , 2016 , the irs released notice 2016 - 66 , designating certain captive insurance companies that have made the 831 ( b ) election as a
transaction of interest .
the attorney accomplished this feat by putting his earnings into a captive insurance company , a vehicle that allows companies to insure themselves against risks that are too expensive to buy coverage for in the regular insurance market or to cover events that are unlikely to happen but would be costly if they actually did .
( ii ) . . . such insurance company does not meet the requirement of subclause ( i ) and no person who holds ( directly or indirectly ) an interest in such insurance company is a specified holder who holds ( directly or indirectly ) aggregate interests in such insurance company which constitute a percentage of the entire interests in such insurance company which is more than a de minimis percentage higher than the percentage of interests in the specified assets with respect to such insurance company held ( directly or indirectly ) by such specified holder .
providing the captive owner with recommendations to strengthen the overall tax position of the captive , while at the same time considering the overall risk management and business goals of the company .
a captive is an insurance company created to insure the risks of its members . companies , both large and small , have found that forming a captive allows them to better manage the cost and administration of their insurance coverage needs . the georgia captive insurance company act ( the “act” ) , originally enacted in 1988 , allows captives to obtain a license and operate in the state of georgia . in 2015 , 2016 and 2017 , commissioner hudgens supported and promoted legislation , which was ultimately passed by the georgia general assembly , that amended various key provisions of the act , including those regarding minimum capital and surplus requirements , confidentiality , taxation , and incorporation . in april of 2016 , commissioner hudgens created a captive insurance division at the department that is solely dedicated to the licensure and regulation of captives . with the passage of georgia ' s captive bills , the promulgation of georgia regulation 120 - 2 - 45 , and the creation of a dedicated captive division at the department , georgia continues to ensure that its laws and regulations are consistent with best practices in the captive industry and commissioner hudgens continues to demonstrate his dedication to improving georgia as a captive domicile . so , if you’re contemplating forming a new captive , or you’re just interested in finding a new domicile for your existing captive , we at the georgia insurance department would be happy to discuss the many benefits of making georgia your new home . welcome to georgia !
consensus management corporation is an independent captive management company offering captive insurance solutions for clients nationwide . headquartered in nashville , tennessee , we ensure a
customer comes first
? attitude which assists our clients in designing a program that fits their overall objectives for the short and long term .


3dvia is a brand of dassault systèmes that is focused on the development of 3d authoring , publishing , and hosting tools for professional and consumer markets .

the company ’s products are targeted at manufacturing , design , and marketing professionals with a stated mission of utilizing 3d technology as a communication medium .

3dvia

3dvia player ( 5 . 0 . 0 . 12 ) . for more information , visit the 3dvia player web site .
this series is designed to explain the fundamentals of 3dvia studio . each video highlights a particular area or element of 3dvia studio .
1 ) 3dviaplayer . exe 3dvia composer player application if required . free usage .
creation of the 3dvia brand . building upon several years of research and investment 3dvia was launched to bring 3d technology to new users to imagine , communicate and experience in 3d .
we found the holy grail of on - line kitchen space planning solutions with 3dvia home .
18 ) manufacturing _ instructions . wmv manufacturing instructions video created from an animation in 3dvia composer .
3dvia provides retailers and manufacturers 3d space planning software that engages consumers and helps improve business performance .
“our success with the earlier 3dvia mobile application for the iphone confirmed that users value instant access to high - quality 3d content on mobile devices , ” said lynne wilson , ceo , 3dvia , dassault systèmes .
17 ) maintenance instructions . pdf maintenance instructions pdf showing the maintenance required of a paint gun . images created using 3dvia composer . 3dvia composer player could be embedded in the pdf to allow users 3d analysis .
15 ) assembly instructions . pdf assembly instructions pdf of a set of drawers . images created in 3dvia composer .
3dvia home provides home improvement retailers and brand manufacturers a smart 3d space planning solution , hosted on the cloud . omni - channel , easy to use and automated , 3dvia home increases your lead flow , shortens your sales cycle and delights your customers .
for enterprise consumers , 3dvia home provides home improvement retailers and brand manufacturers a smart 3d space planning solutions , hosted on the cloud . omnichannel , easy to use and automated , 3dvia home increases your lead flow , shortens your sales cycle and delights your customers .
softpedia previously covered the ios offerings from dassault systèmes , when the company announced 3dvia mobile , its first iphone and ipod touch application .
3dvia provides enterprises and consumers , smart 3d space planning solutions that enable new ways to engage , consider , and make the best choice .
in - store innovation 3dvia home is featured in this exploration of the new ways retailers can use devices to establish their s . . .
according to the company , “3dvia mobile hd retains the speed , fluid movement and easy - to - navigate interface of the iphone app . ”
another huge benefit was error reduction . when beckman hired a new technical writer who would be using 3dvia composer , rather than just learn the tool , she asked to view the interactive 3dvia assembly instructions and assemble the product herself . she assembled the product correctly , the first time with no previous experience .
by reusing digital product definition data including 3d design data and bills - of - material information , 3dvia composer revolutionizes the product documentation process for enterprises of all sizes . with its easy - to - use , desktop content - creation system , 3dvia composer effectively automates processes that are crucial for success in the marketplace .
in addition to solidworks and catia , 3dvia composer can import native pro / engineer data , and other design data sets through the step and iges exchange formats .
beckman also takes advantage of the 3dvia api ( application programming interface ) to customize the 3dvia player to enable the creation of the dhf ( device history file ) during the assembly process . each completed step is recorded and logged . at the end of the assembly , the records can be collected and catalogued with the product .
20 ) technical illustrations . wmv this video shows the steps required in 3dvia composer as an author to create a technical illustration with a bill of materials and bom callouts .
19 ) repair _ procedure . wmv repair procedure of the photocopier in ' 12 - copier . exe ' . this is an export of the animation from the 3dvia composer file .
3dvia mobile hd is an interactive 3d model viewer for the ipad which allows users to access , view and interact with thousands of high - quality models hosted on the urltoken content warehouse .
“unlike other 3d model viewers , 3dvia mobile hd allows users of most 3d modeling software packages to connect to urltoken and share their work on the ipad platform , ” the company claims .
clear graphical instructions that avoid multiple text translations are increasingly necessary and can significantly reduce misunderstandings or misinterpretation . at its simplest , 3dvia composer provides a bridge between cad data and technical publication .
3dvia composer provides a comprehensive set of product documentation publishing or asset creation tools that are easy to use without compromising design control , flexibility or quality of output whether for electronic or print media .
the 3dvia product portfolio includes cloud - based applications for interior room design , kitchen layout and in - store user experiences . 3dvia ' s innovative , cloud - based 3dexperience urltoken platform provides consumers the same room design experience at home , on the web or in store . the omni - channel 3d space planning solution provides retailers cost - effective high quality leads and a shorter sales cycle .
to get up and running with the app , users must create a free urltoken account , upload 3d assets to the site , then connect with 3dvia mobile hd to showcase the assets on the ipad .
of course , a wide range of existing 3d models for all kinds of things is readily accessible to 3dvia mobile hd users . a simple search is all it takes to bring one up for analyzing .
3dvia composer is a software tool that generates technical product deliverables , like product documentation , assembly and work instructions , technical illustrations , field service materials , animations and more , directly from a 3d cad model .
two things : cliff tells me that mac compatibility for 3dvia scenes is on its way . also , the clever folks over at dassault have built an ios app ( for apple mobile devices ) that lets you view and interact with models you’ve uploaded to 3dvia . com . since collada ( . dae ) is one of the formats they accept , you can use these apps to view sketchup models , too . 3d everywhere !
dassault systèmes ( ds ) , a france - based expert in 3d and product lifecycle management ( plm ) solutions , has announced 3dvia mobile hd for ipad , a first for the industry , according to the makers .
in addition to this , 3dvia mobile hd takes advantage of the increased screen real estate and resolution of the ipad , turning a once simple and handy app into a powerful 3d content demonstration tool , dassault systèmes notes .
available from the itunes app store for a special introductory price of $ 1 . 99 usd , 3dvia mobile hd requires an ipad running ios 3 . 2 or later . the software normally costs $ 4 . 99 .
create an l - shaped kitchen with all the basic appliances + a dishwasher in less than 3 minutes ? challenge accepted ! a functional and good looking kitchen designed in 02 : 43 minutes and 40 clicks with 3dvia home . show less
if you want to take your first steps in 3d design but have no idea where to start , try 3dvia shape : a basic , easy - to - use 3d editor for beginners which also lets you share your creations online .
one thing i didn ' t like about 3dvia shape is the fact that you must create a free user account to use the program - whether you like it or not - and that you can ' t save your files to your hard drive , you have to publish them to your account on the 3dvia website . the trick is , once you ' ve published your 3d model to your account , you can visit your profile and download it as a 3dxml file .
“3dvia mobile hd is an even better way to share rich product information with customers , prospects and partners . it delivers interactive 3d to your fingertips , and demonstrates the ipad’s potential as a business communication tool and platform , ” wilson added ,
i may be good at photoshop but when it comes to 3d design i ' m completely hopeless . this is why i was excited to find a program like 3dvia shape , with which i can create basic three - dimensional objects in no time .
a project team led by don dorff , a project manager in plm and software technology at beckman , discovered a product called 3dvia composer . the company immediately realized that this tool could solve many of the problems being faced by paper - based documentation .
using cyber - anatomy in order to use cyber - anatomy , you will need the 3dvia player ( urltoken ) installed on your workstation . cyber anatomy works best with mozilla’s firefox . this player has been installed on all public workstations at the hardin library .
3dvia home provides a 3d space planning solution for home improvement retailers and brand manufacturers . the omnichannel solution is easy to use and engaging , helping turn consumer interest on the web into in - store sales . enterprises benefit from a flow of quality leads to support their sales activities . sales cycle time improves because customers decide on their basic design and preferences before entering the store or dealership . this leaves sales associates with more time to add value to each sale and attend to more customers . as a hosted cloud - based subscription service , 3dvia home brings accessibility and scalability to meet both current and future needs . enterprises may choose to implement 3dvia home as a customized web - based solution , in - store or dealership solution , or both . regardless , consumers and sales associates delight in their 3d experience .
although priced comparably to a cad seat , dedicated and optimised tools rarely turn out to be a wasted investment for professional , effective delivery so for workflows requiring high quality , up - to - date 3d product documentation , 3dvia composer could well be the tool of choice .
cliff medling is my counterpart over at dassault systèmes ; he’s the evangelist for 3dvia . since we’re both in the business of spreading the word about the power and glory of 3d modeling ( regardless of which tool you choose ) , we figured it would be productive to work together from time to time .
learn how to use 3dvia composer to quickly describe , present , and document your products in new ways . radically improve your documentation processes by easily creating raster and vector images , animations , and updating in real time when the 3d model changes . webinar presented by mike spens of goengineer ( www . goengineer . com ) .
these can be published directly to pdf , html or urltoken or saved out as assets for insertion as vector line art or high resolution images into a document creation tool such as word . any cad data changes can be readily updated in 3dvia composer , annotations tweaked , images exported and publishing tool updated in as few as four steps .
for enterprises , 3dvia home offers home improvement retailers and brand manufacturers a cloud - based , omnichannel space planning solution to engage consumers , generate high quality sales leads , and shorten sales cycle . for individuals , homebyme enables consumers to design and plan home projects in a social way . consumers can find inspiration from thousands of other projects , build their own concepts or simply visualize ideas quickly using dedicated room configurators .
using 3dvia shape is a cinch . in fact , i ' d say it ' s even easier than photoshop and of course , much easier than other 3d tools you may have tested so far . this app could be defined as the
paint
equivalent for 3d design ; that is , a basic , simple - to - use graphic editor with which you can safely take your first steps into 3d creation .
catia composer ( previously 3dvia composer ) can be used by non - technical users and does not require computer - aided design ( cad ) knowledge or training . intelligent views permit complex product procedures to be effectively communicated using a minimum of text in a highly engaging interactive 3d experience . views can be annotated and labelled in any way and format the user wishes , and styles can be applied to any content to ensure visual consistency .
the first fruit of this collaboration is a video that cliff made specifically for sketchup modelers . it shows how to use 3dvia scenes to explore an imported sketchup model by walking around inside it . the killer app ( in my opinion ) is a feature that lets multiple people explore the same model simultaneously as avatars . sketchup’s walk tool offers a similar , first - person experience , but having the model online and accessible to anyone with a web connection is enormously powerful .
html public
- / / w3c / / dtd xhtml 1 . 0 transitional / / en
urltoken
the sketchucation community forums were founded in may 2007 and is the leading resource for sketchup support for both professional and hobbyist sketchup users . with over 300 , 000 members and nearly 500 , 000 posts it is jam packed with solutions for just about any sketchup query you might have .
new members can introduce themselves here and if your are new to sketchup it is the best place to get beginner tips and tricks .
our getting started guide to the forums lists the do ' s and don ' t ' s of forum ettiquette .
looking a collection of beginner sketchup tip and tricks the community has an incredible collection ready and waiting . . .
the sketchucation shop is where top sketchup artists can sell and share models , textures , scrapbooks , tutorials and much more . got something to sell ? get in touch !
premium members receive a 20 % discount on all shop items plus tons of free sketchup models , materials and styles to download .
premium membership - with our new site , we introduced
premium membership
for our members . this comes with tons of
premium only
free content and discounted shop items , a free
private consultation room
to discuss , troubleshoot and learn from experienced sketchup users .
plugins - our plugins index is currently a sticky forum topic in our plugins forum . it has been our long term wish to create a more usable and sortable plugin repository which will allow members and visitors alike to browse the extremely rich collection of plugins developed by our author contributors or external parties from all over the world . keep an eye on this secion as we might surprise you with a new plugins index any time .
tutorials - with the new site up and running , we decided to collect the best and most complete tutorials in our new resources / tutorials section . with many experienced and generous sketchup users on - board , this section is an ever growing place where you can find a lot of useful tips and tricks .
there is still a
tutorials
subforum we have where members also share some useful tips and tricks .
the software makes it extremely intuitive to find and analyze a 3d model up close , mostly thanks to the interactive 3d viewer with pan , zoom and inspect functionality .
the service accepts content in over 30 formats , including 3dxml , . dae ( collada ) , . 3ds , . obj , iges , step and . kmz , the company claims .
undoubtedly the software will run much smoother on the ipad , which boasts apple’s a4 chip , compared to the performance of the app on a first - generation iphone .
this enables disqus , inc . to process some of your data . disqus privacy policy
apple releases ios 11 . 4 . 1 , watchos 4 . 3 . 2 , and tvos 11 . 4 . 1
chakra gnu / linux users get the kde plasma 5 . 13 treatment , lots of other updates
apple releases second public beta of ios 12 , macos mojave 10 . 14 , and tvos 12
. all rights reserved . softpedia® and the softpedia® logo are registered trademarks of softnews net srl •
product documentation is used by many stakeholders in many formats from traditional print through online catalogues to fully interactive training and service manuals .
never the forte of cad applications themselves , technical publishing tools need to provide better integration than the traditional workflow of manually pasting and updating bitmap images into word or publisher documents .
fortunately the dedicated authoring tools just keep getting better , providing cad data associativity to maintain up to date content , and enhancing effectiveness and control over graphical richness to suit the publication .
based on xml and using a paper space structure , a sequence of images can be generated and managed complete with annotations and interactive controls to communicate key product messages .
with product development timelines under increasing pressure the ability to commence documentation in parallel with design iteration allows for better proofing and documentation . one - way associativity means that a broader range of disciplines can have access to the product design data from an early stage , but with no danger of non - technical staff inadvertently altering this data .
the composer interface comprises a central graphics area that toggles between the standard page view mode and the animation interface complete with timeline appearing along the bottom .
a pane down the left contains assembly , collaboration and views . below that , a pane displays properties of any selected elements .
groupings of functionality are described as workshops and , when selected , relevant settings appear in a further pane down the right hand side .
somewhat theatrically , objects in the viewport are called ‘actors’ . so , parts , assemblies , and components of the 3d model are ‘geometry actors’ while annotations , measurements , and other mark - ups are ‘collaborative actors’ .
model and view manipulation will be intuitive to cad users and comprehensive help topics together with standard windows and office shortcuts will aid non - technical users be rapidly productive .
for convenient multi - use , once selected , commands remain active until cancelled with esc . component visibility control is crucial to effective work and can be managed in many ways ranging from selection in the assembly tree , including highlighting even if hidden , to handy temporary hiding of selected geometry to show underlying components using the tab key .
the digger tool , readily accessible on the spacebar , provides powerful ways to create detail views . a movable , resizable ring can be placed over or adjacent to the model with associated controls to locate the centre of interest .
then zoom into the contents , apply a cutting plane and progressively peel away geometry with or without a ghosted image . the result can be captured as an image or by key framing parameters , viewed as fully animated digger effects . this is a great tool !
ribbon toolbars provide access to extensive functionality . the render tab includes render mode selection , depth of field to blur distant objects and lighting setup .
author provides mark - up tools , panels for inclusion of images such as navigation buttons , label and call - out annotations , dimensions and cutting planes . grids can be applied to aid placement of geometry while magnetic lines align and uniformly space annotations , measurements and 2d panels .
as opposed to manual creation of instructional arrows onto pre - created 2d images , placement intelligently snaps to axes and geometry , rapidly creating precise and intelligent mark - ups that can be readily customised to suit specific applications or conforming to a predefined style .
the path command creates lines to indicate geometry displacements in views or animations , and can be associative to update automatically if the geometry moves . transform provides a wide range of tools for aligning , moving , exploding and constraining geometry .
geometry actors can be dragged freely or more precisely using the axis triad to restrain translation or rotation to a specific axis . kinematics enable relative part movement and animation constrained by applied links .
the geometry tab includes tools to create primitives and manipulate existing geometry by duplicating , mirroring , replacing or scaling . clone detection reduces file size by identifying similar geometry and creating referenced copies rather than duplicated data .
acknowledging potential intellectual property jeopardy through publishing , the secure 3d brush degrades geometric fidelity to prevent reverse engineering . measurements applied subsequently will not be accurate and the command cannot be undone .
although this prevents transmission of geometric detail it clearly does not protect design intent ip . the final tab provides access to the range of task specific environments or workshops .
the styles pane provides visibility of the sheer range of settings and the ability to rapidly apply or update them as required .
with so many options and settings available it is helpful to be able to save combinations of frequently used settings for reuse in multiple documents or to share the profiles with other users . this will ensure that stylistic updates are applied to all actors in order to achieve visual consistency .
the textures workshop provides a gallery of bitmap textures and tools for positioning and rotating to suit . creation of bill of materials ( bom ) tables and associated callouts is very quick , with full content and appearance customisation options .
bom ids can include a prefix or suffix and callouts can be displayed per instance , per id , or with leaders to multiple instances from one balloon . once created , hovering over table rows highlights the corresponding geometry actors and callouts to improve accessibility and understanding .
the technical illustration workshop generates high quality , re - scalable vector images . these are previewed in the default web browser as long as the adobe svg viewer plugin is installed . by controlling hidden line removal and outline options , dynamic images can be readily generated .
the user has the option to output multiple images from views or selected animation frames . similarly videos can be output to avi in user defi ned size and quality .
the final family of workshops are geometry tools . the simplification workshop provides several methods for simplifying the model to enhance performance .
decimation reduces the number of triangles in the model . although it inevitably degrades model geometry , small amounts of decimation can typically be applied without detracting noticeably from visual quality .
occlusion removes parts from the model based on small , insignificant size or whether they are internal and therefore not visible . the clone detection tool also reappears here .
a clearance checking workshop provides static clash detection , clearance checking and minimal distance analysis for the entire model , selected parts or visible parts . the interactive collision detection tab gives feedback and can halt or zoom in on clashes during animated sequences .
most intriguingly , the path planning workshop computes collision - free paths between defined geometry locations enabling instructional animations to be created to show how those awkward , tight fitting parts need to be manipulated for assembly or removal .
complex animations can be generated using explode tools or manually creating key frames for component locations , camera views , sections or opacity to control visibility . creation of multiple cameras enables rapid switching between views in animations .
additionally , comprehensive camera controls , including roll , pitch and yaw , provide full creative freedom . for electronic delivery a standalone player is available including a pro version with full api customisation capabilities in addition to browser plug - in readers .
product communication is all about clarity and there are few limitations on information presentation allowing users to get the often complex messages across effectively .
register now for your free subscription * to the printed edition of develop3d and gain access to pdf versions of all our back issues .
this is just like taking your design or concept and having it put into a magazine for you . this is an extroadinary program tha will really increase those presentations intended to be sales tools for customers or even for collaboration reviews with your fellow team members . great stuff .
hi , its a nice one i am working in this software from past 2 years in bangalore , india .
how stunning effects , suits and animals were created for this high - grossing blockbuster .
how four filmmakers created hollywood - style cg with a tiny team and near - zero budget .
klingons , holodecks and new worlds : vfx secrets from the latest small - screen star trek voyage .
discover how to create character - based art and animations in poser with these tips .
anima 3 gives a refined and easy - to - master workflow for populating 3d scenes with ai - driven people .
want free high - res textures for your 3d work ? here ' s where to find them .
no spam , we promise . you can unsubscribe at any time and we ' ll never share your details without your permission .
creative bloq is part of future plc , an international media group and leading digital publisher . visit our corporate site .
please sign in and use this article ' s on page print button to print this article .
the massachusetts innovation & technology exchange ( mitx ) hosted more than 1 , 000 attendees at its 14th annual awards competition this evening at the boston marriott copley place , and dunkin’ donuts walked away with the interactive marketer of the year award , while zipcar inc . grabbed the best user experience award for its redesigned urltoken website .
just last month , scott griffith , ceo of zipcar , was also named a 2009 mass high tech all - star . zipcar . com’s new look also picked up the award for applied technology .
sapient interactive took the best of show award for the happiness factory 3 site it designed for the coca - cola co .
the best use of technology award went to the stanley level iphone app , which was developed for stanley works by boston - based agency mullen and aurnhammer llc of new york . in total , the mitx award winners competed in 28 web categories in industries ranging from biotechnology / pharmaceuticals to travel and tourism .
returning as master of ceremonies after a one - year gap was comedian jeff caldwell , whose observations about social media and biotech were a hit with the audience . new to the event was a live band , the loomers , which played as the audience was ushered into the ballroom , and played the songs that accompanied the winners , such as when small army won for best brand campaign for 3dudes gone 3d for solidworks cad software , and the band played mott the hooples
all the young dudes .
also new was a new category , the people ' s choice award for interactive agency of the year . audience members were asked to text in a vote for one of the handful of firms that had been nominated the most , from a list shown repeatedly on the giant screens throughout the evening . taking home that first award was mullen .
after the event , kiki mills , president of mitx , said about the growth of the industry in the state ,
we do a market size study every year and there ' s a $ 29 billion industry here that employs over 69 , 000 people . those aren ' t numbers to sneeze at .
launched in 1996 when the organization was known as the massachusetts interactive media council ( mimc ) , the mitx awards are judged by a committee comprised of more than 100 individuals from various disciplines , including members of the media , industry analysts , academia , creative directors , chief technology officers , webmasters , developers , producers , content providers and marketing executives and strategists , according to group officials .
© 2018 american city business journals . all rights reserved . use of and / or registration on any portion of this site constitutes acceptance of our user agreement ( updated 5 / 24 / 18 ) and privacy policy and cookie statement ( updated 5 / 24 / 18 ) . the material on this site may not be reproduced , distributed , transmitted , cached or otherwise used , except with the prior written permission of american city business journals .
digital extremes ltd . — london , ontario , canada [ 07 . 09 . 18 ] video game data scientist
galvanic games , inc — seattle , washington , united states [ 07 . 06 . 18 ] multiplayer game engineer
deep silver volition — champaign , illinois , united states [ 07 . 06 . 18 ] senior project manager
deep silver volition — champaign , illinois , united states [ 07 . 06 . 18 ] project manager
analyst : two years in , pokemon go crosses $ 1 . 8b lifetime revenue
/ view / news / 96995 / dassault _ systems _ acquires _ virtools _ sa . php
for consumers , homebyme is an online 3d space planning service to imagine , design and share 3d housing projects . with homebyme , you will create your entire home in 3d and experiment with thousands of products and textures before sharing your projects with friends and experts .
the program includes a tutorial that launches automatically when you run it for the first time and which i strongly recommend you to follow , because it teaches you all the basics of the program in just a dozen steps . after completing the tutorial , you ' ll be ready to start creating your own three - dimensional figures . of course they ' re going to be basic designs combining cubes , spheres and a few lines but hey , that ' s a start !
some problems . . . . i think that it looks like a simple and effective program , but for some reason when i run it w . . . more
some problems . . . . i think that it looks like a simple and effective program , but for some reason when i run it white squares appear all around the screen and it is hard to see what to press . no matter what i do i cannot get rid of the irritating boxes . i am not sure whether everyone has this problem , but i do . pros : looks like a very simple and nice program . cons : white patches all over the screen .
laws concerning the use of this software vary from country to country . we do not encourage or condone the use of this program if it is in violation of these laws .
the name and logo of softonic are registered trademarks of softonic international s . a .
copyright softonic international s . a . © 1997 - 2018 - all rights reserved
repurpose existing 3d design data to more rapidly create and update high - quality product deliverables including documentation , technical illustrations , animations , and interactive 3d experiences . input data can come from any 3d cad system and can be maintained in the file system or in any plm system .
easy to learn and use , catia composer is an ideal complement to microsoft office , pdf , and html content delivery tools that you are already familiar with - pdf , html , avi and graphics formats like svg , eps and cgm .
produce animations , high - resolution raster and vector images . producing 2d line art is quick and easy with catia composer’s built - in technical illustration capabilities . catia composer even permits users to document the product while it may still be incomplete and later update all deliverables without the need to re - work those deliverables .
catia composer requires no programming skills or other specialized capabilities to produce any of its output deliverables .
download a free trial of catia composer and revolutionise the way you communicate technical product information .
without catia composer , any changes to product data require time - consuming manual revisions and rework to technical documentation . with catia composer , you can seamlessly incorporate design changes directly into the product communication to create up - to - date , accurate printed and interactive materials .
catia composer can be quickly and easily integrated into your entire product communication process . this not only reduces costs but improves quality and consistency of all documentation that you create throughout the lifecycle of your products .
changes in products are easily incorporated into technical documentation , saving you time , money , and getting you to market quickly , enabling improvements to your documentation capabilities .
our sales and technical staff are available to discuss any requirement regarding our business offering , training , rental systems and support , please contact us on + 44 ( 0 ) 1993 883555 or through the contact form below .
i consent to receive communications ( which may include phone , email , social and re - targeting ads ) from desktop engineering ltd . i understand i may proactively manage my preferences or opt - out of communications at any time by contacting desktop engineering ltd . view our privacy policy here .
i confirm that i am over the age of 16 and i consent to communications from desktop engineering ltd .
aidan was a beloved member of the sketchup team for 10 years . he birthed this blog , taught countless sketchup classes , authored the sketchup for dummies book , and is a jolly fellow indeed .
if you ' d like to learn a little more about aidan and his new endeavor , read his last blog post here : goodbye aidan . hello bitsbox .
this website uses cookies to improve user experience . by using our website you consent to all cookies in accordance with our cookie policy . i agree
2 ) transmission - steps . exe navigation around the 3d , play the animation and view different pre - defined views . shows the servicing of a powertrain transmission .
3 ) interactive _ views . exe navigation around the 3d and view different pre - defined views . use the intelligent views to change the car colour , open windows and doors of a car .
4 ) change - the - belt . exe navigation around the 3d , play the interactive animation and view different pre - defined views to show the changing of a drive - belt .
5 ) cabinet - assembly . exe navigation around the 3d , play the interactive animation and view different pre - defined views to show the assembly of a flat - pack cabinet .
6 ) motox . exe navigation around the 3d , play the animation and view different pre - defined views . shows various areas of a motorbike .
7 ) brake - service . exe navigation around the 3d , play the animation and view different pre - defined views . shows the servicing of a cars brake system .
8 ) animated - parts - list . exe navigation around the 3d , play the animation and view different pre - defined views . shows the disassembly of a transmission and the bom .
9 ) motorcycle - rendered . exe navigation around the 3d , play the animation and view different pre - defined views . shows the basic rendering of a motorbike .
10 ) kinematic - animation . exe navigation around the 3d , play the animation to view the range of robot movement .
11 ) copier . exe navigation around the 3d , play the animation and view different pre - defined views . shows the servicing of photocopier .
12 ) gearbox . exe navigation around the 3d , play the animation and view different pre - defined views . shows the disassembly of a gearbox and the constituent components .
13 ) kinematic - drag . exe using the kinematics functionality you can manipulate the robot arm using predefined mechanisms .
14 ) lathe - operating - instruction . exe navigation around the 3d , play the animation and view different pre - defined views . shows steps required to use a lathe and safety requirements .
16 ) disassembly _ instructions . wmv disassembly instructions within a video file . field servicing instructions shown .
looking for urltoken applied was acquired by intrinsys in april 2014 , for more information read more . . .
please tick this box if you would like to be kept informed on further services and offers which may be of interest to you and your business . any personal information provided will not be passed on to third parties . for more information see our privacy policy .
homebyme provides consumers with an online service to connect all related stakeholders to their home design projects .
dassault systèmes strengthens foothold in systems engineering to facilitate new connected experiences , company to acquire no magic , leader in model - based systems engineering , and modeling solutions for software architecture and business processes , aerospace & defense , transportation & mobility , high - tech industries can address all aspects of embedded systems design and combined solutions generalize systems engineering , expand industry standards for “internet of experiences” .
boeing and dassault systèmes announce an extended partnership and boeing extends its use of dassault systèmes to include 3d experience platform for manufacturing operations management and product lifecycle management . boeing has signed a 30 - year contract worth a billion dollars , renewable every 10 years .
dassault systèmes acquires majority stake in outscale , company strengthens its position as one of the fastest growing cloud companies , global cloud resources with sovereign cloud approach and cloud adoption for industrial innovation is no longer a matter of if , but of when .
dassault systèmes acquires exa corporation , strengthens simulation portfolio with next generation fluid dynamics capabilities on the 3d experience platform , proven technology and industrialized solutions available to customers in all industries and companies’ complementary strengths expand power of digital engineering throughout value - chain .
expansion of the company’s delmia ’s manufacturing portfolio with the acquisition of ortems , focused on production planning and scheduling .
extension of simulia ’s multi - physics , multi - scale offer with the acquisition of cst , a technology leader in electromagnetic simulation , and the addition of next limit dynamics , bringing capabilities in computational fluid dynamics simulation .
catia ’s capabilities were expanded to further enhance its coverage of complex mechatronics systems engineering , with the acquisition of modelon gmbh , an expert in “ready - to - experience” content for systems modeling and simulation which are strategic to transform the transportation & mobility industry .
dassault systèmes completed the change of the legal status of the parent company from that of a french public limited company ( société anonyme ) to that of a european company ( societas europaea , se ) . the adoption of the status of european company well reflected the international dimension of the company and its growing presence throughout europe .
creation of a new brand , biovia , dedicated to virtual biosphere and materials , provides global , collaborative product lifecycle experiences to transform scientific innovation , with the acquisition of accelrys .
expansion of the resources and planet modeling through the acquisition of archivideo to enrich the geovia applications .
3dexperience platform embraces global manufacturing operations management with the acquisition of apriso , a leading provider of manufacturing software solutions .
creation of a new brand , geovia , dedicated to model our planet , focus on a new industrial sector , natural resources , with the acquisition of gemcom software international inc . (
gemcom
) in the mining sector .
acquisition of netvibes , bringing intelligent dashboarding capabilities , and squareclock , providing cloud - based 3d space planning solutions .
enovia ' s industry offering for formula - based industries expanded with the acquisition of enginuity .
dassault systèmes and amazon web services ( aws ) enter into a cloud services agreement .
the company acquires full control of its distribution sales channels with the acquisition of ibm plm , the ibm business unit dedicated exclusively to the marketing , sale and support of the company ' s plm software .
acquisition of exalead , a french company providing search platforms and search - based applications (
sba
) for consumer and business users .
diversification strategy targeting 11 industries by signing contracts with procter & gamble , guess and iter .
acquisition of engineous software , extending simulia ' s leadership in simulation lifecycle management solutions .
2008 microsoft partner of the year for global isv technology innovation special recognition award .
launch of plm 2 . 0 - plm online for all - and introduction of the next generation version 6 technology to the market .
amendment of the ibm plm partnership agreement , outlining the progressive assumption of full responsibility for the company ' s plm value solutions channel .
further expanding its product offering for catia , the company also acquired icem , a u . k . company well - known in the automotive industry for its styling and high - quality surface modeling and rendering solutions .
expansion of the enovia portfolio with the acquisition of matrixone , a global provider of collaborative plm software and services to medium - to - large organizations .
creation of the simulia brand , addressing realistic simulation , representing a significant expansion of the company ' s simulation capabilities , leveraging the acquisition of abaqus , as the core of its realistic simulation offerings and the company ' s existing simulation products .
sales generated through the long - standing distribution agreement with ibm account for 52 % of the company ' s total revenues .
creation of the company ' s plm value solutions sales channel , an indirect channel for the plm market specifically focused on supporting smb companies in the plm market .
strategic partnership with boeing , creating the global collaborative environment ( gce ) virtual platform for boeing and its suppliers for the development of the revolutionary new 787 dreamliner .
strategic partnership with gehry technologies ( gt ) for development of product lifecycle management ( plm ) solutions for the building industry .
wins major automotive industry contracts ( bmw group , ford motor company ) and aerospace industry contracts ( avic , enaer , liebherr ) .
creation of the delmia brand , addressing the digital manufacturing domain ( digital process planning , robotic simulation and human modeling technology ) .
2000 - wins a contract with airbus s . a . for deployment of catia v5
the company expands its enovia product line with the acquisition of smarteam focused on product data management for the small and mid - size companies (
smb
) market .
initial launch of version 5 (
v5
) , new architecture software platform for the product lifecycle management market designed for both windows nt and unix environments .
creation of the enovia brand , focused on management of catia product data with the acquisition of ibm ' s product manager software .
broadening of the company ' s 3d design product line to the entry 3d market , with the acquisition of start - up solidworks , with a windows - native architecture , to target principally the 2d to 3d migration opportunity .
formation of the company ' s professional channel , focused on marketing , sales and support of solidworks .
organization of the company into two business segments , process - centric ( product lifecycle management ) , supporting its customers ' end - to - end product development process and design - centric ( mainstream / solidworks ) , dedicated to customers seeking to design products in a 3d design environment .
initial public offering in paris and listing on nasdaq ( the company voluntarily delisted from nasdaq in 2008 ) .
expansion of the company ' s industry focus to seven industries , adding fabrication and assembly , consumer goods , high - tech , shipbuilding and energy .
creation of dassault systèmes kabushiki kaisha ( ds k . k . ) in tokyo , japan .
version 4 introduced offering a new technology enabling the full digital mock - up of a product , enabling customers to significantly reduce the number of physical prototypes and to have a complete virtual understanding of the product .
launch of catia version 3 , with aec functionality on unix and mainframe platforms .
introduces catia version 1 as an add - on product for 3d design , surface modeling and nc programming .
dassault systèmes begins working with major automobile manufacturers - bmw , mercedes and honda .
worldwide marketing , sales and support agreement with ibm , beginning of a long - standing partnership .
creation of dassault systèmes to design products in three dimensions through the spin - off of a team of engineers from dassault aviation .
majority shareholder control revenue : $ 3 . 1 bn operating margin : 30 . 8 %
this thread was archived . please ask a new question if you need help .
when i used
forget
in mozilla to delete two hours of history a months worth of history was deleted , all my history .
you can check in windows / file explorer if there is a previous version of the places . sqlite file available .
note that this will restore the bookmarks as well to the restore date , so if necessary then create a bookmarks backup to avoid more dataloss .
the quicktime plugin allows you to view a wide variety of multimedia content in web pages . for more information , visit the quicktime web site .
user agent : mozilla / 5 . 0 ( windows nt 6 . 1 ; wow64 ; rv : 44 . 0 ) gecko / 20100101 firefox / 44 . 0
sorry about that . i don ' t think that this should happen did you use the toolbar forget button ? * urltoken note that that will close all open tabs . you can check in windows / file explorer if there is a previous version of the places . sqlite file available . * right - click : properties > previous versions urltoken you can use this button to go to the current firefox profile folder : * help > troubleshooting information > profile directory : < br > windows : show folder ; linux : open directory ; mac : show in finder urltoken note that this will restore the bookmarks as well to the restore date , so if necessary then create a bookmarks backup to avoid more dataloss . urltoken urltoken
portions of this content are ©1998–2018 by individual urltoken contributors . content available under a creative commons license .
beckman coulter , a manufacturer of sophisticated medical devices , understands how critical product assembly and documentation are to its business . beckman used to create paper - based assembly instructions , but the creation and modification process was slow and cumbersome . the paper - based instructions were also very wordy and because beckman has a diverse workforce , choosing the right words or translations took even more time in the creation of the instructions . beckman needed to find a better way to create assembly instructions .
the beckman team had a couple things in mind right away ; improve product assembly by reducing errors and reduce assembly time by “showing” the workforce how to do it virtually rather than using paper - based work instructions . right away beckman realized a huge reduction in words . since the assembly instructions were being generated as animations , words and text were reduced by 80 % . as a result , beckman can assemble their products just about anywhere in the world ; language localization isn’t the critical issue that it once was .
razorleaf is a services provider that helps companies become market leaders through the measured application of technology and best practices to existing business processes .
© 2018 razorleaf corp . e - verify® is a registered trademark of the u . s . department of homeland security
it requires a new way of connecting with your audience , one that is effective , engaging , and real .
at catia composer we help professionals in sales , product marketing , training , and support to effectively explain and promote their ideas . we do this by leveraging the 3dexperience platform with a powerful suite of authoring and publishing applications for desktop , web , and mobile delivery .
about cyber - anatomy by providing a realistic and immersive environment for virtual dissection and exploration of anatomy , teachers and doctors are able to advance their students’ core curriculum and understanding of the human body . [ from : urltoken