Protect what
you've built.
Accelerate
its growth.
There is a powerful way for companies to manage risks that unlocks a better way to do business and a better future for you and your family. Captive insurance, a form of self-insurance, can protect you against greater risks while preserving and growing your wealth.
Advantages
The first and most important difference between Traditional Insurance and Captive Insurance is that you own the Captive Insurance company 100%. This has two very important positive implications for you and your business.
Captured Value
First, your captive insurance company keeps the premiums you pay into it, net of fees and claims. From your perspective, this essentially turns the traditional insurance business model on its head. By setting up your own insurance company, you are creating and retaining value for you and your business that would otherwise be lost by paying premiums to a larger commercial insurance company.
Customization
Second, your captive insurance company can cover risks that are not addressed by the traditional insurance markets. This means that the policies and coverages you obtain through your captive insurance company are fully customizable and specifically tailored to address the risks unique to your business.
Built for You
Traditional commercial insurance generally takes a “one size fits all” approach when they build their policies. This means that they are restricted in the coverages they can offer, providing you with limited options.
In direct contrast to the traditional insurance approach, 3F Captive Services works closely with you to determine what unique risks you and your business face that cannot be covered by traditional insurance. We then craft policies that are most relevant and acute to your business, and work with actuaries to price the premiums on those policies.
To be clear, you should think of captive insurance as a supplement to your existing commercial insurance, not a replacement, augmenting your risk management practices, reducing your risk exposure, and strengthening your business.
Discover Tailored Insurance Solutions
Unlock the potential of customized captive insurance designed specifically for your unique business needs.