Through our partnership with Innovative Captive Strategies (ICS), Graham Company can advise you on Captive Insurance alternatives. Captive Insurance companies specialize in the insurance or reinsurance of the retained risk of its owners or participants. Captive Insurance is a risk financing mechanism used as an alternative to traditional insurance.
Group Captive brings together a group of independent businesses to form their own insurance company. This type of Captive provides workers’ compensation, general liability, automobile liability and physical damage coverage. Single Parent Captive is an option designed for organizations with annual premiums in excess of $3 million. Rental Captives are designed to “rent” space to multiple programs/insureds through a “Segregated Cell” structure.
These programs provide all the benefits of a Captive without the burden of ownership obligations.