Should I Consider a Captive?

Image credit: Anupong+Sakoolchai/shutterstock.com

As a business owner, you have a lot to manage. Some things you might do on ‘auto-pilot’ just because you have always done them that way. Does renewing your insurance fall into that category?

Of course, having insurance to cover the myriad of risks is vital to any business. However, utilizing an alternate risk financing option may be able to serve your business better. A Captive may be one of the alternate risk financing options that you should consider.

Read More

Topics: Captive

Captive 101: Traditional Insurance vs. Captive Insurance (Part 2)

image credit: KorArkaR/shutterstock.com

Last week, we defined what an insurance captive is and the 3 most common types of captives. This week, we will explore if such a performance-based insurance product is appropriate for your construction company or if your insurance needs are best-fitted for a guaranteed cost program (i.e. traditional insurance). Often, the two will work together.

Read More

Topics: Captive

Captive 101: The Basics Your Construction Company Should Know (Part 1)

image credit: bluedog studio/shutterstock.com

Have you heard the term insurance captive and wondered what it was or if one was right for your construction company? Let’s take a closer look at the basics of captives.

Read More

Topics: Captive