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There’s a better way to solve your objective, whatever your objective is. Captive insurance may be the solution to that objective, all the while protecting your company. The purpose of captive insurance is risk management. In the process, claims are paid, capital is preserved, surplus is created, and wealth is generated. Albert Einstein is said to have called "the power of compound interest the most powerful force in the universe." Purchasing coverage for a business’s exposures protects the operating company and the benefits are compounded. Insurance companies are designed to be profitable! All-State was originally a captive insurance company of Sears and Roebuck, most Fortune 500 companies
There’s a better way to manage risk! Taking control over your risk management program in a different way than before has proven to be effective for many successful business owners. Successful businesses didn’t achieve success or profitability by accident. Successful business owners are always adjusting, learning, and taking advantage of opportunities they come across whether it is operational, financial, or structural. Successful owners are efficient, know how to manage their business and the people they employ efficiently, and they evolve in a quickly changing world. There are many ways to view captive insurance. Taking a more in-depth look reveals a better way to formally insure exposures
