What is Captive Insurance?
A captive insurer is an insurance company that is wholly owned and controlled by the organization insured. The primary purpose of a captive is to insure the risks of the organization, while also enabling the owner to benefit from the captive insurer’s underwriting profits.
When you explore a captive with ALT/r, you get an independent review of your options.
Captives are additive and complimentary to your insurance program
A captive makes good business sense.
Common Types of Captives
Single Parent/Wholly Owned/Equity Captive
Special Purpose Vehicle (SPV)
Risk Retention Group (RRG)
Group/Association Captive
Agency Captive
Sponsored (Rent-a-Captive)
Single Parent Captive Consulting
We prioritize education in every consulting engagement. Our goal is to ensure you understand all aspects of self-insurance and captive insurance before making any decisions. Here’s how we guide you through the process:
What a Captive Can Do For You
- Return of unused premium + investment income
- Potential lower costs
- Lower net effective cost
- Risk control, safety practices and culture
- Create leverage against insurers
- Program and coverage flexibility
- Control over your destiny
- Freedom and flexibility
- Insulation from the pool of other risks
- Customized insurance coverages and program design
Key Value Drivers
What drives captive growth?
- Reduce insurance cost
- Capture underwriting profit control risk
- Greater control over claims
- Increased coverage
- Incentives for loss control
- Control the cost of risk and pricing stability
- Minimize unpredictable insurance pricing
- Mitigate shock losses
- Provide stability and asset protection
Ideal Candidates for Captives
ALT/r
When you explore a captive with ALT/r, you get the kind of independent review of your options you expect from a top-tier advisor.
Contact the ALT/r Team
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