Captive Placement
Captive Insurance programs come in a wide array of structures used across equally diverse applications. They are time-tested, viable alternatives to traditional insurance plans that can provide numerous value added benefits to commercial insurance consumers by way of ownership and increased control of their Risk Management programs.
When implemented properly, captives can be the most cost efficient risk financing mechanism for:
• Businesses with historical claims experience significantly less than their insurance premiums would indicate
• “Best in class companies” engaged in industries perceived as “high hazard”
• Companies with unique business risks the traditional insurance programs cannot accommodate, whether it be from lack of available products or prohibitive pricing models
Industry Specializations: CONSTRUCTION
• General Contractors
• Trade Contractors
• Specialty Contractors
Industry Specializations: FABRICATORS
• Manufacturing & Distribution Companies
• Hospitality Risks
• Warehousing, Transportation and Logistics Providers
• Temporary Staffing & Personnel Agencies
• Real Estate Development Companies
• Technology / Cyber Exposures
