7 Ways Captive Insurance Companies Provide a Competitive Edge

Great, quick article that highlights the advantages of joining a group captive. As a general rule of thumb, if your company pays $150,000 or more of combined premium (General Liability, Workers' Compensation, Automobile Liability) and earns a loss ratio of 40% or less most years, you may be a good candidate for this alternative risk financing strategy.

These programs have the ability to:

• Reduce premium costs by 10-40%

• Offer dividends based upon claims performance

• Provide industry specific risk management consulting

• Increased control of Risk Management Programs

• Underwriting is based upon individual losses rather than market trends

• Visit our Alternative Risk Financing page for more details.

Click here to read the full article written by Spring Consulting Group Team >>>