An Alternative Risk Solution for the
Human Services Industry
The Captive Advantage, LLC Benefits
Minimize Insurance Cost
- Potential insurance premium retention
- Minimization of risk and, therefore, insurance payouts
- Cost savings stemming from reduced net insurance costs, broker commissions and administrative fees
- With enough pooled premiums, purchase of reinsurance directly, gaining flexibility and better pricing
Control Risk
- Greater control over underwriting rates and forms, terms of claim settlements and investment strategies
- Provide specialty coverage to members that may not be otherwise available
- Support with claim audit and review procedures that help close outstanding insurance claims
- Identify and improve exposure to loss using TCA resources
- Review and improve internal written guidelines, standards, and policies related to safety, risk management, and loss control using TCA expertise and resources
It is not what we pay up front that matters; it is the amount of losses we pay out that determines our success. The Captive Advantage will give its Members the resources to avoid losses and opportunities to see financial savings.”
Russell A. Young
Partner
Primer Piper Eggleston & Dramer PC
Ppeclaw.com