Secure the most important assets of your business and reduce costs.

Traditional vs. Group Captive Models

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Companies That Are a Good Fit with Captive Insurance

The best candidates for a group captive program are companies with:


  • Ownership that wants asset protection and desires to reduce their reliance on traditional commercial insurance.
  • Steady cash flow.
  • Significant insurance premiums.
  • Sustainable Insurance: Combined WC, GL, and Auto premiums at $150,000 or more annually.


Captive insurance is ideal for businesses proactive in risk management, consolidating various risk exposures like employee benefits, general liability, auto liability, and workers' compensation.


Captive insurance is also appropriate for companies who are:


  • Safety-Conscious: Members of insurance companies are stakeholders in risk management and workplace safety improvement, with incentives to manage risk and continuous improvement, supported by extensive resources.
  • Accountable: Members take a proactive approach to risk management, attending workshops, undergoing risk control assessments, and implementing the latest safety methods and systems.


  • Focus on Your Business: With KT Captive Advisors, spend less time on insurance issues and more time running your business, benefiting from expert guidance in the group captive industry.


  • Entrepreneurial: Members control coverage decisions, claims processes, and risk management. Successful members are motivated, forward-thinking, assertive, innovative, and embrace the risk-reward trade-off.
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Other benefits include:

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Capital

A company with clean loss history may face increased premiums with commercial insurers due to a poor investment market or high claims volume, but a well-operated group captive can become profitable while insulating against risk.

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Control

Companies that utilize captive insurance have more control over safety, losses, and claims administration. Also incentivizes safer workplaces and behaviors because the capital belongs to the company and the other members.
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Coverage

Captive insurance offers a tailored solution for businesses with a bad record or high-risk industries to secure coverage in the open market, addressing their unique risk exposures.