Say the word “Captive” and it can mean many things to the insurance buyer.  RHSB takes the confusion out of this non-conventional way to fund commercial insurance placements.

Extensive Experience with Captives

There are many types of captives:

  • Group Captives – owned by individual member insureds with common exposures.
  • “Micro” Captives – allows an organization to establish its own captive insurance company to cover self-insured risks/exposures.
  • “Single Parent” Captives – those formed by larger corporations, controlling all aspects of program/terms.
  • Group Medical/Health Captives – a partially self-funded employer placing a layer of their claims exposure into a group with other members.

Regardless of the type that may be right for your organization, the advantages of captives are the same:

  • Participation in underwriting profit that would otherwise go to conventional insurance carrier.
  • Long-term premium cost stabilization – no longer at mercy of insurance market/pricing cycles.
  • Superior risk control/cost containment resources.

RHSB has exclusive access to dozens of captive options that may be right for your business.

Firms That May Qualify:

  • Closely-held operating companies (i.e., large family businesses with $25M to $1B in revenue)
    • Manufacturing
    • Distribution
    • Retail stores
    • Restaurant Chains
    • Specialty Trade Contractors
  • Employer groups with 100 to 500 employees