A captive is an insurance company owned by its members or insureds. Benefits to be gained from adopting this financial management approach include increased overall control of your total risk management program and its various components. In addition, under a captive program, underwriting profits and investment income from premiums are returned to the participants or sponsors. Depending on the size of your company, group or association, we can assist you in identifying a captive approach targeted to meet your specific needs.

Benefits to be gained from adopting this financial management approach include increased overall control of your total risk management program and its various components. In addition, under a captive program, underwriting profits and investment income from premiums are returned to the participants or sponsors. Depending on the size of your company, group or association, we can assist you in identifying if the captive alternative is a fit for your specific needs.

• Rent-a-Captives
  Rent-a-captive programs deliver similar benefits to other types of captive structures without capitalization requirements or hands-on involvement in overseeing the captive program. This program may also afford you certain tax and regulatory advantages that aren`t available through other alternative market mechanisms.
• Group Captives
  A group captive can be formed from companies sharing a common industry or demographic profile (homogeneous), or from a group of diverse companies sharing the same risk management philosophy (heterogeneous). The group is able to obtain customized claims management and loss control services, in addition to receiving the financial rewards inherent in a captive program. Added benefits are gained through your participation in risk control workshops and periodic group meetings.
• Single-Parent Captives
  A corporate entity, depending on its structure, size and risk management philosophy, can receive the benefits of a captive for its specific corporate holdings and maintain individual control of the program structure.

Explore the benefits of captive memberships and see why a captive, when properly structured gives you control of your insurance costs, entitles you to underwriting profits directly related to loss performance in the form of dividends and ultimately control of your risk management destiny.