Captive Programs
Control, Flexibility, and Cost-Saving Benefits
Captive insurance programs offer a wide-range of benefits for different types of clients. Depending on your needs, we can work with you to identify the ideal captive structure, implement a program, and provide captive management services directly or recommend qualified providers.
Physician's Groups
- Cost and control benefits
- Flexible structures for premiums
- Influence over whether to settle or contest lawsuits
- Management of premium returns
- Stable, predictable insurance coverage, retention of profits generated, and retention of investment income on premiums paid
Community Banks
- Enhanced balance sheets
- Increased stability of financial results
- Possible tax-efficient pre-funding of expected losses
- Cost-efficient self-insurance where commercial coverage unavailable or overpriced
Mid-Sized Companies
- Control self-insured funds used to meet collateral requirements
- Control over claims management
- Potential wealth preservation or transfer advantages
- Manageable deductibles, increased security for lenders, access to reinsurance market, and tax-efficient pre-funding of expected losses
