Group Captives 101.
Watch the group captive overview Doug shared, then review questions to ask before evaluating participation.
Doug shared this group captive overview for the site. The video opens on a Frame.io viewing page, where its file is currently titled "Construction Video Full version.mp4." It discusses group captive concepts; the file name is the host's label, not the title of this resource. Treat the video as an introduction, not a feasibility study or promise of savings.
Questions to take away
- Which risks and layers would be insured by the group, and what remains elsewhere?
- How are premiums, losses, surplus, and potential distributions allocated among members?
- What capital or collateral must a member provide, and when can it be returned?
- What happens when a member leaves or a claim develops after exit?
- Who manages claims, investments, and regulatory compliance?
The NAIC overview explains captive structures and their regulatory obligations. Any construction company considering one should compare a written actuarial feasibility study with its current program and obtain independent legal and tax advice.
To discuss whether a captive fits your risk and capital position, start a conversation.