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Captive Programs

Once we have identified a captive program is the best route for your organization, our Risk Solutions team will provide recommendations on the venue to use, whether on-shore or off-shore.

Whether you are a private organization or an entity in a group of similar organizations, our experienced Risk Solutions team will help you determine if a captive program is the right solution for you. Depending on your volume of claims, premium, and revenue, a captive program may work better for you than the traditional insurance model. We will first determine if your losses combined with your administrative costs would be less than the annual premium you pay to an insurer. If so, we will then set-up and manage either a single owner captive or group captive for your needs.

If a captive program is the best route for your organization, our Risk Solutions team will provide recommendations whether you should use on-shore or off-shore solutions. We know the ins and outs of the cities, states and countries with captive program legislation and can compare all of your options to help identify the right one for you.

Once the right solution is selected, we will direct you to a group of experts including actuaries, banks and tax accounts who will help complete the captive program set-up process. We will also help you choose your captive program management team including legal advisors and accountants as well as ensure you fulfill all of the annual requirements. We will become your captive manager.

In addition, if you are interested in re-insurance for your captive company, we can find and recommend a re-insurance company.

Areas of Risk Management

Recent Blog Posts

Mar
29th
The ACA Is Still the Law of the Land (Benefit Minute)

Republican efforts to repeal and replace parts of the Affordable Care Act (ACA) with the American Health Care Act (AHCA) stalled on March 24, 2017 when Speaker of the House Paul Ryan determined he did not have the support needed to pass the bill in the House of Representatives and withdrew it without a vote. […]

Mar
24th
Executive Leadership: It’s time to make cyber resiliency YOUR next priority

You’ve probably read about major cybersecurity failures of large organizations, such as Yahoo, Sony, LinkedIn, Target, the Democratic National Committee, and the list goes on. While they’re not always in the headlines, evidence shows that small and medium-sized organizations are increasingly becoming the targets of cyber criminals and malicious actors. According to the most recent […]

Mar
17th
Work-Life Balance is a Myth — Instead, Find Work-Life Bliss

The day author and speaker Deirdre Maloney was interviewed on TV about a blog she wrote, she couldn’t get past what she saw on the screen — and how she felt afterward.

Mar
1st
How to Electronically Distribute ERISA-Required Documents (Benefit Minute)

Distribution of ERISA-required documents is challenging for employers.  Hard copy distribution is inefficient, costly, not environmentally friendly and out-of-date in the digital age.  However, electronic distribution must be accomplished in a manner that complies with Department of Labor (DOL) requirements and results in actual receipt by plan participants.