Captive Insurance Program
An illustration of the diferences in the traditional vs. captive program:

TRADITIONAL:

1. ABC Company is a manufacturer and pays $500,000 in liability and
   workers’ compensation insurance premiums.
   
2. Over the past three years ABC’s insurance company paid $115,000 a year
   on average in claims.
   
3. ABC paid $4.34 dollars to the insurance company for every $1 that was paid
   in claims. That is a cost of over 400% on ABC’s dollar.
   
4. Profits go to the insurance company.
   

1. ABC Company joins Captive Resources and pays $35,000 for the initial fee.
   
2. Based on ABC’s $115,000 per year claim history the new annual premium
   in the Captive Resources LLC program will be $275,000.
   
3. ABC is now paying $2.40 per $1 of claims paid, bringing the cost of
   insurance from 400% to 200% on ABC’s dollar.
   
4. The profit from ABC’s dollar after expenses goes back to ABC Company
   

Return to the Captive Insurance Overview

Our contact our office today. We would be glad to discuss what program is right for you.