Captive Insurance has been around since the 1950’s, first utilized to meet the needs of a specific industry. Since that time, the number and types of Captives continues to grow at an accelerated pace and has become a viable RISK TRANSFER option for midsized companies, not just large or “Fortune 500” companies.

• Lower Costs of premiums, administration, and overhead expenses related to insurance.
• Potential profits through dividends earned, investment and interest income.
• Long term financial strength and stability, limiting the cyclical nature of the insurance market.
• Membership with like-minded business owners committed to Safety.
• Enhanced Loss Prevention and Claims Management to an established standard.
• Improved Cash Flow.
• Greater control of claims handling, deductibles, and coverages in your Insurance Program.

• Claims higher than projected in a given year could result in assessments, i.e.: additional premiums.
• Joint liability for excess claims of other members.
• Multi year commitment to the program.
• Participation in owner meetings, safety programs, risk control.
• Financial disclosures to the Captive Underwriting team.