Is a Group Captive Right for Your Business?
Group captive insurance is ideal for companies that are committed to active
involvement in their risk management processes and are looking for a long-
term strategy to manage insurance costs. It suits businesses that prefer a
high degree of control over their insurance programs and those ready to
engage in a proactive approach to minimizing losses.
Learn MoreSequel: Group Captive Insurance Industry Leader
Sequel’s unparalleled expertise in group captive insurance programs truly distinguishes us in the industry. Over twenty years ago, before most agencies had heard of group captive insurance, our CEO Owen Taylor recognized the potential of these innovative programs for high-performing companies. This approach allows businesses to gain better control over costs and claims while having their unused premiums returned. Witnessing the remarkable benefits our clients received, our team has been fully committed to this strategy ever since.
The depth of experience and proven track record in group captive insurance solidify Sequel’s position as a leader in this field. Expanding our agency’s captive business remains a primary focus, reflecting our dedication to identifying the most beneficial solutions for the businesses we serve.
The depth of experience and proven track record in group captive insurance solidify Sequel’s position as a leader in this field. Expanding our agency’s captive business remains a primary focus, reflecting our dedication to identifying the most beneficial solutions for the businesses we serve.
About Group Captive Insurance Programs
Empower Your Business with Smarter Risk Management Solutions
Group captive insurance programs represent a unique approach to managing risk and controlling insurance costs. By joining a group captive, your business collaborates with other like-minded companies to own and control an insurance company. And since only top-tier businesses qualify to enter a captive program, the collective risk is low and upside benefits are high. This innovative model not only expands your insurance options but also aligns directly with your business’s financial goals and risk management strategies.
Key Advantages of Group Captive Insurance Programs
Cost Control and Stability
Lower Costs: By pooling risk with other like-minded businesses, captives often have lower administrative costs compared to traditional insurance. This can translate to lower premiums.
Stable Pricing: Avoid the volatility of the traditional commercial insurance market. Captive insurance programs allow businesses to stabilize premiums over time, making financial planning more predictable.
Stable Pricing: Avoid the volatility of the traditional commercial insurance market. Captive insurance programs allow businesses to stabilize premiums over time, making financial planning more predictable.
Enhanced Risk Management
Customized Coverage: Tailor your coverage to fit the specific needs and risk profile of your business, filling in gaps that conventional insurance might overlook.
Improved Risk Control: Captive members have a vested interest in reducing their losses, which typically leads to better risk management and loss prevention practices.
Improved Risk Control: Captive members have a vested interest in reducing their losses, which typically leads to better risk management and loss prevention practices.
Financial Benefits
Return of Underwriting Profit: If your group losses are lower than expected, the captive returns a portion of your premiums back to you as dividends.
Investment Income: The premiums paid into the captive are invested, typically generating income for members.
Investment Income: The premiums paid into the captive are invested, typically generating income for members.
Greater Control and Transparency
Direct Involvement: As a member of a captive, you have a say in key decisions, including claims handling, vendor selection, and investment choices.
Transparency: Captive programs provide greater visibility into how premiums are used and how prices are set.
Transparency: Captive programs provide greater visibility into how premiums are used and how prices are set.
Networking and Shared Knowledge
Community of Peers: Joining a group captive allows you to network with other business leaders sharing insights and best practices.
Collective Power: Leverage the strength of a group to achieve better service and attention from service providers, including health care networks and legal experts.
Collective Power: Leverage the strength of a group to achieve better service and attention from service providers, including health care networks and legal experts.