Captive Insurance Isn’t Just for Big Business
A captive is a privately owned insurance company that covers a specific business. It issues policies, collects premiums, and pays claims just like a commercial insurer, but does not offer insurance to the public.
Smaller insurance brokers often overlook the efficient captive alternative, but the experts at Hilb Group know the complexities and benefits. We will show you how even a small businesses can control and stabilize insurance costs through this effective mechanism.
Licensed insurance professionals at Hilb Group will explain the nuances of captives, their economic advantages and risks, conduct a comprehensive risk assessment, and help clients determine if a captive is a viable risk management.