Our Plan Smart philosophy offers you risk-reducing policies, programs and comprehensive safety materials which reduce your chances for operational loss – allowing you the freedom to Live Big.
Captives meet the risk management needs of the owners or members through the formation of self-insurance where the insurer is wholly owned by the insured. In order to set up a captive program, companies must partner with an experienced captive advisor.
The bottom-line benefit? The money that the company has been using to pay insurance premiums is now being paid directly to its own Captive. These funds accumulate over time and can be invested for the company’s own profit.
A Captive program will allow you to retain the profits from insurance policies that were previously going directly to a commercial insurer, allowing you to earn investment income from the premium fees paid into the Captive.
Plan Smart! Contact us to see if a Captive is the right fit for you.