In our opinion, there is no better time to consider alternative risk transfer as a strategy to get more cost-efficient with respect to your current commercial property insurance, commercial liability insurance, workers compensation insurance, & commercial auto insurance. As I write this the country and the world are about to exit the covid pandemic. If … Continue reading Why Current Economic Conditions Are Perfect To Restructure Your Insurance Program→
Have you ever wondered how utilizing captives, a high deductible insurance program, alternative risk transfer, self-insured retentions, or retrospective rating plans could further reduce your commercial insurance costs off your already low commercial insurance rates? Too often business owners are chasing the wrong rabbit. They think that by purchasing their commercial insurance for less than … Continue reading Reduce Costs At Scale By Restructuring Your Commercial Insurance Program→
How much does it cost to start and run a captive insurance company? It’s the most frequent upfront question we get from organizations that are looking at starting their own captive insurance company for their organization. The short answer is zero, but when we tell business this they’re left in shock. After we walk them … Continue reading What Is The Cost To Run A Captive Insurance Program?→
Let’s start from square one. Captives, unlike insurance companies, are risk financing structures that do not pool risk between thousands of companies in exchange for a premium. They are expressly built to act just like and replace insurance companies by efficiently managing claims and paying losses from a special captive account themselves. The reason very … Continue reading What Are Micro Captives & How Can Your Business Utilize Them?→
