Captives

Owning control of your insurance

As your construction business grows, your insurance program needs to grow with it. If your loss history is good and your safety culture is strong, you may be ready for an alternative to traditional insurance. Welcome to the world of Captive Insurance.

What is Captive Insurance?

Captive Insurance is an alternative risk strategy where you own the insurance company and participate in the underwriting profits. There are many different types of captives, from single cell to group captives. MRG can explain the alternatives and provide a detailed analysis to see if this is a viable option for your organization now.

Benefits of Captive Insurance

  • Broader coverage
  • Tax benefits
  • Increased control
  • Insulate from adverse market conditions
  • Improved cash flow through:
    • Custom tailored coverages
    • More control over claims handling and reporting
    • Stabilized budgets
  • Incentive to control losses
  • Direct access to wholesale reinsurance markets

MRG: Your Captives Expert

MRG partners with the top captive organizations in the world. We have a dedicated department for captives and we support clients with everything from insurance policy design to claims adjudication and more.

Captive Insurance vs. Traditional Insurance

Captive insurance eliminates the limitations of traditional insurance,
such as:

  • Unavailability of coverage
  • Coverage that is too expensive
  • Coverage that cannot be tailored appropriately for an organization’s needs
  • Premium rates that do not meet an organization’s loss profile
  • Inflexible policies
  • Inflexible terms
  • Inability to estimate loss frequency or loss severity
  • Lack of a tax benefit for retaining risk

Interested in owning control of your insurance and sharing in the underwriting profits?

Contact Us

Our Location
  • 620 Freedom Business Center Drive
    Suite 115
    King of Prussia, PA 19406

Contact Us
  • lbataluna@mrg-ins.com

  • 484-655-1915

  • lbataluna@mrg-ins.com

  • 484-655-1915

Quick Links
  • Company

  • Careers

  • MRG Blueprint

  • Construction Insurance

  • Construction Safety

  • Contact