Coverage
Captive Programs
Captive insurance programs allow eligible businesses to form or participate in their own insurance company to finance specific risks. By retaining a portion of premium and risk, businesses can reduce insurance costs, gain underwriting flexibility, and capture investment income on reserves. Casurance…
Who Needs This Coverage
- Businesses with premium volume exceeding $1M annually
- Companies with strong loss history and risk management programs
- Organizations seeking greater control over claims and coverage
- Businesses with predictable, controllable risk exposures
- Industry groups and associations with shared risk profiles
What's Covered
- Single-parent and group captive formation
- Fronting carrier arrangement and policy issuance
- Reinsurance placement and risk transfer structure
- Captive management and regulatory compliance
- Claims management and loss control integration
- Underwriting profit and investment income participation