Captive Insurance Programs & Self-Insurance Solutions
For businesses with the scale and risk profile to benefit from self-insurance, a captive program can reduce costs, improve cash flow, and provide coverage that the commercial market won't offer.
What is Captive Insurance Programs?
A captive insurance company is a licensed insurance entity formed to insure the risks of its parent organization or a group of related businesses. Rather than paying premiums to a commercial insurer, the business retains its own risk through the captive — keeping underwriting profits, building loss reserves, and gaining direct access to reinsurance markets. Captive programs are not appropriate for every business, but for organizations with sufficient premium volume, favorable loss history, and the right risk profile, they can deliver significant financial and strategic advantages. Grandbay Financial provides captive feasibility analysis, program design, and ongoing management support.
How We Structure Captive Insurance Programs
Feasibility Analysis
Actuarial analysis to determine whether your premium volume, loss history, and risk profile support a captive structure.
Domicile Selection
Guidance on captive domicile selection — including Vermont, Cayman Islands, Bermuda, and other leading jurisdictions.
Program Design
Structuring the captive to optimize tax efficiency, coverage breadth, and reinsurance arrangements.
Fronting Arrangements
Coordination with admitted fronting carriers for lines requiring admitted paper, including workers compensation.
Reinsurance Placement
Access to reinsurance markets to protect the captive against catastrophic losses and manage aggregate exposure.
Ongoing Management
Annual captive management, regulatory compliance, actuarial reserve analysis, and board support.
Captive Insurance Programs FAQs
Ready to Explore Captive Insurance Programs?
Our specialists will analyze your risk profile and design a captive insurance programs program tailored to your business objectives and risk tolerance.