Captive Insurance

Companies both large and small are searching for alternative solutions to their insurance programs in order to gain control of their risk management strategies and best methods for funding that risk. One way to remove yourself from the frustrations of the cyclical nature of the insurance marketplace is to explore a Captive Insurance Program, which simply put, allows owners an effective manner in which to retain or partially retain and fund risk of their operations. This solution gives them control over their management of the risk of their operations and provides them an opportunity to internally fund that risk where the opportunity for profit is theirs if they perform well, versus that of a third party insurance company.

Captives can be an effective tool for clients to finance the retention of their risk of operations on exposures that have demonstrated a historical track record of profitability and predictability. Captives can be an effective way for clients to turn their risk into profit if managed properly.