|
|||||
|
|||||
WHY A CAPTIVE/RRG? ∎
Alternative to trading dollars with commercial insurers in the working layers of
risk ∎ Gain
direct access to re-insurers ∎ Design
coverage tailored to industry-specific and entity-specific needs ∎
Accumulate investment income to help reduce net loss costs ∎
Improve cash flow ∎
Incentive for loss control + create industry specific loss control programs ∎ Gain
greater control over claims and litigation ∎
Underwriting and retention funding flexibility ∎
Provide coverage where it is unavailable or overpriced in the commercial
marketplace ∎ Premiums
can be based on the experience of the members vs. the market in general or based on
the income and expense needs of an
insurance company ∎
Reduced cost of operation ∎
Reduced collateralization/capital requirements ∎ Use of
accumulated surplus to reduce costs in the future CLICK TO: |
|||||
|
BACK – USE ARROW TO PRINT USE PRINT PREVIEW |
||||