Member Owned Group Captives

Many businesses meet the core characteristics of a captive owner, yet they lack the size to take advantage of rent-a-captive and single parent captive structures.  For these businesses, a Member Owned Group Captive becomes the ideal vehicle to access the benefits of captive ownership.

Group Captives can be developed for specific industries or heterogeneous risks. The distribution strategy can involve multiple insurance agencies or one agency.  Lines of coverage typically include Workers Compensation, General Liability and Automobile coverage. Group Captive members tend to share the following characteristics:

• Combined Casualty Insurance Premium of $200,000 - $1,000,000
• Privately Held
• Entrepreneurial
• Financially Secure
• Top down commitment to Safety

The benefits to Group Captive Members include:

• Access to Underwriting Profit and Investment Income
• Deductibility of Insurance Premium
• Premium development based on historical loss information
• Sharing of best practices
• Estate Planning Flexibility

Group Captives are the best way for medium sized business to take long term control over their long term net cost of insurance.