Alternative Risk Financing
Captive Insurance Programs
When it comes to risk management, sometimes it pays to step outside of the “traditional” insurance marketplace. Through Captives, Haylor, Freyer & Coon can help you realize the benefits of underwriting profit and investment results. Over time, Captives have the power to stabilize your insurance premium and realize the lowest net cost.
Captives come in many shapes and sizes:
- Single Parent
- Association or Group Captives
- Rent-a-Captives or Protected Cell Captives
Of course Captives, as with any financial option, have their advantages and disadvantages.
Our duty is to simplify the captive approach for managing your business’s financial loss exposure, ensuring your thorough comprehension of its potential benefits, and facilitating a comparison with other viable options.
Some of the possible advantages of a Captive are:
- Stabilizes or reduces insurance cost
- Allows you to retain underwriting profits and investment results
- Improves cash flow
- Tax advantages
- A wholesale approach to purchasing reinsurance
- Focus and control of claims and loss prevention services
- Coverage customization
“As a growing company, we felt as though we needed experts in all aspects of insurance / risk management to help grow with us. Being that Haylor is also a growing and locally owned company, they helped us consolidate brokers, save us money, and give us the experience and service we need to focus on our business. We would strongly recommend HFC to anyone considering insurance needs”