Captive Formation & Management
insureCap leverages captive services to increase operational efficiency,
improved accuracy, improved decision-making using real time data, and cost savings.
Some conferences and shows you may have seen us at
The platform for creating & managing a captive.
Formation
Selecting the right structure, establishing, and licensing a captive is a multifaceted process. As your consultant, we’re confident we can be a valuable asset, ensuring your captive reaches its full potential.
Management
We ensure your captive evolves dynamically alongside your organization, going beyond financial and regulatory compliance. We work with you to guarantee its growth aligns with your risk management goals.
Financing
Cash flow is critical, and maximizing return on cash might mean leveraging lenders’ desire to loan you money. insureCap has relationships with top lenders who understand insurance and are positioned to lend you their cash.
Technology
In today’s world of Artificial Intelligence, leveraging technology to minimize time and cost is a must. We will provide you the human expertise to maximize the technology running your captive. A hybrid approach is always best.
The 7 C’s Of Captives
Cost
Captive insurance tailors coverage, reduces costs through loss control incentives, ties plan costs to performance, and allows participants to benefit from underwriting profits and investment income.
Control
Taking command of your insurance program to closely match your risk management goals, securing mastery over your insurance future, enhanced authority in managing claims, and increased flexibility in underwriting.
Coverage
A captive enables self-insureds to tailor policies to their needs, providing access to coverage that might otherwise be unavailable or excessively expensive. This personalized approach enhances cost-effective risk management.
Capacity
In situations where the limits you desire and require are not readily available, a captive insurance solution steps in to strategically address these gaps, offering a tailored approach to plug the holes in coverage.
Communication
Owned and operated by the insured, captives offer direct access to real-time data, including claims information and third-party service providers, enhancing decision-making for risk management.
Choice
In various scenarios, you may lack control over the coverage specifics, payout timing, and determining a fair premium. Choosing a captive insurance model reinstates your ability to make these decisions.
Cash-Flow
In your newly formed captive, the saying “cash is king” takes on added significance. Utilize the premium “float” – cash received before claims are paid – to invest and generate extra revenue through investment income.
Our Carrier Relationships
Whether you are outsourcing program business, finding a front, or reinsurance, our relationships will ensure your captive is healthy and functioning properly.
