Captive Insurance Solutions
Captive insurance programs are outperforming the traditional market and a more viable solution – Members assume risk and control their own destiny. eMaxx has developed policyholder owned alternative risk insurance programs solutions through eCaptiv, a sponsored captive reinsurance company in Vermont.
Advantages.
Ability for Members to receive underwriting profits and dividend returns
Investment Income accumulates to the benefit of the Members
Members manage their own insurance program through participation on Board of Directors and Governing Committees
Reduction of program operating costs with sponsored captive reinsurance company structure
Reduce insurance costs with favorable loss experience and ability to have more control over insurance costs and potentially insulate from large premium swings
Tailored coverages for Commercial Automobile, Workers Compensation, General Liability
Access extensive Claims Management and Loss Prevention and Safety programs
- Innovative Litigation Management program
- Industry-specific packages for loss control and training that can be tailored for each individual Member
- Web-based educational and training platforms including eLive Connect
Adoption of risk management technology programs such as dash cameras, telematics and online training are key elements in combating nuclear punitive damage judgments and commercial auto trends
Better risk selection with ability to retrospectively rate an account
Reduction in frequency and severity of claim outcomes with 46% reduction in existing programs
Traditional collateral solutions such as cash and letters of credit along with proprietary and non-proprietary off balance sheet alternatives
Program Offerings.
Homogenous
Heterogeneous
Single Parent
Industry Segments.
Let's Get Started.
+1 (978) 531-1822