Strength with risk sharing for better control.
With Artex solutions.
Small and mid-size companies can turn to captives to gain more control over costs and better risk management. We are ready to help you with solutions that provide the advantages of customized risk pooling solutions, as well as protection against severe or catastrophic risks and the ability to diversify your underwriting portfolio.
Risk solutions for niche and need.
We offer several specific niche risk pooling solutions, designed to effectively address the full spectrum of your possible coverage lines and needs. Risk pooling gives you the ability to share risk to access the advantages of diversification.
The Artex Exchange
The Artex Exchange – AEX – is a contractual agreement among participating captives to share the primary layer of workers' compensation risk with each other. The exchange reduces the volatility in workers compensation losses without increasing the expected cost of risk, giving the captives the ability to diversify their risks. Learn more here.
Risk Retention Group
A Risk Retention Group (RRG) is an American insurance company formed under the auspices of the Liability Risk Retention Act of 1986 (LRRA) by a group of similar businesses or activities to provide liability coverage to its members, with every insured an owner. The RRG structure gives businesses increased control over their liability programs. Providing companies with the benefits of lower rates, broader and customized coverage, and effective loss control and risk management programs. Because an RRG is a homogeneous group, exposures are more easily identified with coverage provisions better tailored to meet those exposures. Learn more here.
Copper Mountain Assurance
Copper Mountain Assurance, Inc. is a Utah-domiciled captive insurance company designed as a risk pooling facility for Artex’s clients. We offer access to three pools including: Enterprise Risk Program (ERP), Management Liability Program (MLP) and Deductible Reimbursement Program (DRP). Learn more here.
Medical Stop Loss and Employee Benefit Captive
The employee benefit and medical stop-loss captive gives employers the ability to self-fund their benefit plan. This captive lets you assume the first layer of healthcare risks and purchase medical stop-loss coverage to cover any single large loss or aggregate loss that exceeds 125% of expected losses. Learn more here.
Public Entity Pools
Government agencies, school districts, county governments and municipalities often participate in risk pools as a way to share losses and expenses. We offer full-service treasury, accounting and finance functions to meet the unique risk needs of public entity risk pools. We provide these services both as part of Risk Pool Administrators (RPA) and on a stand-alone basis. We keep the risk pool running smoothly, and provide timely, readily available and clear financial information. Learn more here.
Risk pool management designed for results
Our process and approach provide seamless and transparent risk pool management. You will be able to access financial information that is timely, readily available and understandable. Learn more here.
Integrated expertise for superior results
Our staff includes certified public accountants and other professionals with self-insurance, insurance and risk pool experience. We will work in tandem with the outside actuaries, auditors, third- party claim administrators (TPAs), investment advisors and the program administrator to keep the risk pool in regulatory compliance. Learn more here.
Interested in how Artex’s niche captives and risk pooling can help your organization? Start here.