“Instead of the business buying the 20 new power units to keep the fleet upgraded, the captive will buy those assets and then lease them back to the operating entity,” Mr. Reznicek said. Captives can also support payrolls for risk management departments, he said.
A large transportation service turned to Captives Insure for an alternative means of procuring their Excess Auto Liability.
A Risk Retention Group (RRG) is a unique type of insurance entity in the United States, created under the federal Liability Risk Retention Act (LRRA) of 1986
With a deep understanding of the captive insurance landscape, our team offers unparalleled knowledge and experience
Risk tolerance is the willingness of an organization to incur risk to gain future reward
Risk sharing is a foundational principle in the entire insurance industry, not just for captive insurance.
A risk pool is a collective arrangement, where multiple entities, such as insurance companies or businesses come together to shrae and manage their risks.
SUBMIT A RISK