Captive insurance companies are established with the specific objective of insuring risks emanating from their parent group(s). There are many benefits of a captive insurance company, including reduced & managed risk, enhanced insurance coverage, and financial benefits.
A captive insurance company is established to insure certain risks of the parent group or controlled, unaffiliated entities.
A captive provides the insured greater control over the uncertainties of commercial insurance availability and cost. The owners participate in underwriting and claims processing, have flexibility with policy provisions, and benefit from the underwriting and investment income.
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CAPTIVE INSURANCE PROGRAM
Contact Align to learn more about captive program feasiblity.
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