What's A Group Captive?

A group captive is a group of companies who join together to form their own insurance company. More specifically, a group captive is a re-insurance company where its shareholders are also its policy holders. Typically this group is a mixture of "best-in-class" companies banded together with a desire to control their own insurance destiny while still having a top tier 'fronting' and reinsurance provider to back them up. Member companies are usually entrepreneurial in nature with good loss histories and effective risk management programs in place.

Through the unbundling of many of the captive insurance companies services like Claims Management and Loss Control Services, captives let companies gain ownership and control of all aspects and, specifically, all costs associated with their insurance programs.

Coverage provided within the captive includes:

• Workers Compensation
• Commercial General Liability
• Automobile Liability/Physical Damage

Click here for more information on how a Captive Group works.

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1-800-854-4625 or contact us to request a representative contact you.