A real estate company carried a property schedule most carriers approach with caution: more than $900 million in total insurable value across a geographically diversified portfolio, with meaningful earthquake, named-wind, and flood exposure. Year after year, the underwriting margin on that program accrued to an outside carrier. Captives Insure structured a program that keeps it with the business that carries the risk.
For a multi-state staffing company, workers' compensation was the single largest line on its insurance program, with substantial premium flowing into the traditional market each year. Yet the underlying loss picture told a very different story: more than 200 reported claims across a five-year period, with not a single loss reaching $100,000 in incurred value. The exposure was frequent but predictable, well-controlled, and consistently profitable for whichever carrier held the paper. Captives Insure structured a program to return that profit potential to the business itself.
A regional habitational property manager operating a multifamily portfolio across the five boroughs of New York City — with additional exposures in Westchester County and northern New Jersey — already owned and operated its own captive insurance company. The captive allowed the business to retain its own premium and underwriting result rather than surrender them to the commercial market. What it lacked was the one thing its lenders and contractual counterparties insisted on: coverage issued on AM Best-rated paper
A large residential window installer operating in the state of Florida partnered with Captives Insure (C.I.) to restructure its general liability program around a wholly owned captive insurance company. The client carries a substantial general liability exposure inherent to residential construction and had historically ceded the full economics of that risk to the commercial market. Through a fronted captive structure, the client now retains over 80% of gross written premium within its own captive — capturing the underwriting result of a well-managed book of business while maintaining A-rated paper for its contractual and statutory obligations
A New York-based operator that provides varies types of autos into the hands of third-party drivers partnered with Captives Insure (C.I.) to write its commercial auto liability through a captive. The coverage is structured as contingent auto liability: the operator's policy sits behind the primary auto coverage that the drivers are required to carry, written at New York's statutory minimum limits, subject to a modest per-claim deductible, and including the state's mandatory personal injury protection and uninsured/underinsured motorist coverages. Because a captive cannot meet the filing, rating, and financial-strength requirements that New York and the operator's counterparties impose, an A-rated carrier issues the policy as a fronted, surplus-lines placement and cedes the risk back to the operator's captive. The captive assumes 100% (minus aggregate stop loss) of the risk and underwriting profit.
By reinsuring its general liability program into a client-owned captive, a vertically integrated developer of attainable multifamily housing now keeps premium working on its own balance sheet that would otherwise have been surrendered to the traditional market.
A Florida-based commercial fleet operator with a mixed-use vehicle schedule of 73 liability units and 87 physical damage units sought to improve the economics of its commercial auto program. Contractual obligations required admitted paper from a financially strong carrier, and the insured's loss profile suggested it had room to take on meaningful risk participation rather than ceding underwriting margin entirely to the standard market
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