Captives

Captives continue to be one of the most misunderstood “Alternative Risk Financing Mechanisms”.  At HF&C we strive to simplify the Captive approach to managing your business exposure to financial loss.   

Captives allow you to step outside the “traditional” insurance market place and realize the benefits of underwriting profit and investment results.  The goal is to stabilize your insurance premium and realize, over time, the lowest net cost.  

Captives come in many shapes and sizes:

• Single Parent
• Association or Group Captives
• Rent-a-Captives or Protected Cell Captives 

Captives, as with any financial option, have their advantages and disadvantages.  It is the job of the Captive professionals at HF&C to make sure that you fully understand what a Captive can do for your company and properly compare it to other viable financial options. 

• Some of the possible advantages of a Captive are:
• Stabilize or reduce insurance cost
• Allows you to retain underwriting profits and investment results
• Improve cash flow
• Tax advantages
• A wholesale approach to purchasing reinsurance
• Focus and control of claims and loss prevention services
• Coverage customization