Business owners face a great deal of risk and exposure to liability. Managing that risk effectively can make all the difference to the bottom line and the future of a business. Captive insurance offers an alternative and unique risk management solution, particularly for workers’ compensation and liability insurance. The group captive insurance model focuses on risk control and loss prevention. But what exactly does this mean and is this right for you and your business?
This executive summary provides an overview of what group captive insurance is, how it works, as well as its distinct benefits and drawbacks. Learn how a captive could be a unique solution for your risk management program post-COVID.
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