Whether your situation calls for an owned captive, rent-a-captive or risk retention group, Artex has the expertise, experience and market pedigree to assess, structure and execute the most appropriate solution.
Owned Captives
Being an owner-member of a captive provides distinct advantages for a wide range of companies most notably, increased control over insurance costs. Coverages provided by a captive typically include worker's compensation, general liability, automobile liability (owned and non-owned) and automobile physical damages. With the right structure, captives can:
Improve the insurance program, with enhanced coverages, marketability and cost controls.
Ensure continuity of coverage through a simplified renewal process, so there are no surprises from year to year.
Reduce costs from contributions based on the company's expected losses and the ability to retain investment earnings.
Strengthen the company's bottom line by reducing fixed costs.
Minimize risks through heightened safety awareness and emphasis.
