Traditional insurance is not good enough. It's based on outdated models that favor the insurance company. Get paid for investing in a great safety culture and take ownership of your insurance program while converting premiums into earnings. Yes, you saw that right - converting insurance premiums into earnings. You can turn a cost into a profit center - with group, owner-controlled captive insurance. We are the Captive Specialists - since 1996, our dedicated focus has been Captive Insurance. The concept of Captive Insurance may be new to you, but it is not new to us.
Services
With an emphasis on risk control and cost containment, the Captive has given us the tools to shape our loss experience. The networking and educational opportunities are extremely helpful, and the loss control inspections enhance the safety of our associates and the millions of guests who walk through the doors of our hotels and movie theaters every year.
The insurance marketplace commonly goes through its "hard" and "soft" cycles where premium fluctuations have little relation to individual loss experience. By pooling your resources and creating your own captive reinsurance company, these swings can be avoided, making your costs more predictable. Also, by pooling your resources, you can lower costs and retain investment income, both advantages your current insurance company retains.
Gavin Souter of BUSINESS INSURANCE recently reported Commercial Insurance rate increases hit double digit in 2Q of 2020. According to Marsh Index Average Commercial Insurance Prices Rose 19% in Q2. "Marsh said the increase was the largest since 2012 and follows increases of 14% in the first quarter and 11% in the fourth quarter of 2019."
Alternative Risk Resources are independent captive consultants dedicated to empowering businesses to control their insurance costs and develop organizational cultures that exemplify the best safety and loss prevention practices. For over 20 years, Alternative Risk Resources has provided companies the ability to become insurance company owners, rather than insurance buyers, through creation, development and oversight of member-owned group captive insurance companies.To provide direct access to premier group captives that yield the most economical, predictable and controllable premiums, while at the same time providing comprehensive insurance coverage.
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