As a business owner, you’re constantly searching for innovative and effective ways to safeguard your company’s future while controlling costs. It requires a balance of seeking the best coverage available for the lowest cost in order to be protected from any unnecessary risks.

Depending on the size of your company, you may be paying hundreds of thousands or more than a million dollars a year in insurance premiums. Covering your business for Workers’ Compensation, General Liability, and Business Auto insurance adds up quickly. While insurance coverage is a core component of your risk management practices, as a forward-thinking business owner, you’re likely wondering if there is an alternative to traditional insurance products. The answer is “yes” and it begins with a group captive insurance program. Group captives, unlike traditional insurance, allow you to partner with other like-minded companies to reduce your insurance premiums while gaining more control of the insurance buying process.