Reasons driving this type of search vary, but here’s what we’ve learned from our clients:
Focus on Group Captives: Are you a candidate for a Property and Casualty group captive? Every group captive is different and over the years, PayneWest has vetted and gained access to an ever-growing menu of the nation’s leading group captives. Candidates must have the financial wherewithal to take some risk on yourself, coupled with an already established risk management commitment, and a favorable claim history. Of course, most group captives will require a sizable insurance premium spend in excess of $200,000 for the General Liability, Auto and Workers Compensation lines.
Members of a group captive enjoy the following advantages:
Choosing whether a group captive is a fit for your organization, and, selecting the right group requires analysis, education, and expertise. The PayneWest team has decades of experience helping our clients navigate the Alternative Risk universe.