
Captive Insurance Solutions
Description
Captive insurance programs are outperforming the traditional market and a more viable solution – Members assume risk and control their own destiny. eMaxx has developed policyholder owned alternative risk insurance programs solutions through eCaptiv, a sponsored captive reinsurance company in Vermont
Advantages
- Ability for Members to receive underwriting Profit and dividend returns
- Investment income accumulates to the benefit of the Members
- Members manage their own insurance program through participation on Board of Directors and Governing Committees
- Reduction of program operating costs with sponsored captive reinsurance company structure
- Reduce insurance costs with favorable loss experience and ability to have more control over insurance costs and potentially insulate from large premium swings
- Tailored coverages for Commercial Automobile, Workers Compensation, General Liability
- Access extensive Claims Management and Loss Prevention and Safety programs
- Innovative Litigation Management program
- Industry-specific packages for loss control and training that can be tailored for each individual Member
- Web-based educational and training platforms including eLive Connect
- Adoption of risk management technology programs such as dash cameras, telematics and online training are key elements in combating nuclear punitive damage judgments and commercial auto trends
- Better risk selection with ability to retrospectively rate an account
- Reduction in frequency and severity of claim outcomes with 46% reduction in existing programs
- Traditional collateral solutions such as cash and letters of credit along with proprietary and non-proprietary off balance sheet alternatives
Program Offerings
- Homogenous
- Hetrogenous
- Single Parent
Industry Segments
Register for an upcoming webinar HERE
As published on www.eMAXXgroup.com
Coverages Offered
Workers Compensation
General Liability
Products/Completed Operations Liability
Pollution Liability
Availability
Applications and Informational PDFs
Contact eMaxx Assurance Group of Companies, Inc.
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