Captive Coverages
For businesses with a strong commitment to risk management and a desire for greater control over their insurance costs, a captive insurance program can be a powerful alternative to the traditional insurance market. A captive is a licensed insurance company that is owned and controlled by its insureds, providing a unique opportunity to customize coverage, reduce costs, and even generate underwriting profit.
At Horizon Insure Business Group, we have the expertise and experience to help you navigate the complexities of captive insurance and determine if this innovative solution is right for your business.
Benefits of Captive Insurance
Cost Savings
Eliminate insurance company profit margins and retain underwriting gains
Customized Coverage
Design policies that precisely match your risk profile and business needs
Risk Management
Gain direct control over claims management and loss prevention strategies
Cash Flow
Retain investment income on reserves rather than paying it to insurance carriers
Tax Advantages
Potential tax benefits through deductible premium payments and tax-deferred investment income
Stability
Protection from volatile insurance market cycles and unpredictable premium increases
Types of Captive Programs
Single-Parent Captive
A captive owned by one company or group of related companies
Group Captive
A captive owned by multiple unrelated companies in similar industries
Cell Captive
A segregated cell structure that provides captive benefits with lower capital requirements
Medical Stop-Loss Captive
Specialized captives designed for self-funded medical plans
Is a Captive Right for Your Business?
Our feasibility analysis will help you determine if a captive is the right choice and provide a clear roadmap for implementation.
- Commitment to risk management
- Stable claims history
- Financial capacity to capitalize the captive
Our Captive Insurance Services
We partner with leading captive managers and domiciles to ensure your captive operates efficiently and effectively.
- Feasibility studies and cost-benefit analysis
- Captive formation and domicile selection
- Ongoing management and administration
- Regulatory compliance support
- Claims administration
- Reinsurance placement
Ready to Request a Plan Design Audit?
These satisfied clients started with a simple, no‑obligation Plan Design Audit...
$130,000
saved annually
“On our Blue Cross Plan, Chris provided identical Blue Cross coverage and we saved $130,000 annually.”