CAPTIVEINSIGHT
“There’s no doubt that the
collective benefits enjoyed
by members, including
long-term cost stability,
greater control over
insurance costs, profit
sharing and an overall,
safer company, are a driving
motivation underlying
continued membership.”
Once brokers fully understand how the captive operates, it
becomes clear to them that not only will they retain their
client relationships but that those relationships are stronger.
Bringing the captive option to the client and then facilitating
its entry, often results in the broker being viewed by its
client as more a risk management advisor, than an insurance
broker. In addition, members often refer other companies
to their broker for membership consideration, which offers
the broker opportunities for increased revenue.
As for the new captive member, after being guided by its
broker through the entire process of moving from traditional
insured to captive owner, it comes to understand how it will
rely on its broker in much the same way as it ever did.
There’s no doubt that the collective benefits enjoyed by
members, including long-term cost stability, greater control
over insurance costs, profit sharing and an overall, safer
company, are a driving motivation underlying continued
membership. However, perhaps it is the shared vision
of achievement of these goals and that commonality of
purpose that is the “glue” that binds different member
companies together to function as a cohesive group – and
finding common ground on how best to address challenges
is a testament to their commitment to the captive.
T: +1 847 879 2845
E: [email protected]
W: www.captiveresources.com
PARTNER
We’re more than your service provider.
We’re your
Since 1982, CSI International has managed,
advised and worked day to day alongside
our clients.
For captive insurance management,
pick a partner you can trust.
www.csi.ky +1 (345) 949 7322
Grand Cayman, Cayman Islands
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