For those businesses with an entrepreneurial drive to control risk, captive insurance is a proven approach. So why should you consider it? The advantages of captive insurance go straight to your company’s bottom line.
What is captive insurance?
There are several types of captive insurance. A popular form is called a group captive — a group of companies that join together to form their own insurance company. Typically, this group is a mixture of small- and medium-sized companies banded together with a desire to control their own insurance destiny.
Stabilize costs. Realize potential profit.
Captives let companies gain ownership and control of all aspects and, specifically, all costs — and profits — associated with their insurance programs.
Innovative Captive Strategies, a division of Holmes Murphy, is dedicated to helping companies transition from “renting” their insurance to “owning” it. Visit www.yourcaptive.com for more information about this attractive alternative approach to risk management.