Often one of the largest premium spends of an insured business, Workers’ Compensation is one of the most common “traditional” coverages included within a captive insurance arrangement. Captives Insure will help you deliver:
Up to 85% of premium returned to the captive (before broker commissions/fees)
Elimination of premium volatility
Control over the claims process
The ability to retain 100% of the captive’s underwriting profit
Risk and premium ceded to a captive insurance company wholly owned by your client
A+ XV AM Best policies issued on admitted paper
Licensure in all 50 states
PEO and Staffing agencies are not excluded
Program Qualifications/Requirements
Minimum premium of $500K for single parent captives (Premium totals may be combined with select other coverages)
Excellent loss histories
Formal risk management practices and procedures must be in place