Captive Insurance

No-Risk Telephone Consultation

We’ll let you know if captive insurance is right for your business.

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For immediate assistance,
call (516) 726-2540

Cut Insurance Costs by Up to 60% With An Insurance Captive.
Butwin Can Help.

The Butwin Insurance Group has been on the leading edge of captive insurance – an insurance strategy that helps our clients pay premiums based upon their individual loss experiences not industry averages.

Captive insurance offers a way for businesses to cut insurance costs by as much as 60%. In a captive, companies self-insure the lower layer of claims that have become predictable and level over time. Reinsurance is then purchased directly to cover larger claims and guarantee a maximum cost for the policy year.

Eight Great Benefits of Captive Insurance:
  1. Premiums are typically less than those paid for conventional insurance coverages
  2. Premiums are tax deductible
  3. All underwriting profit is returned to you for each policy year plus the investment income earned on your premiums
  4. Premiums are based on your own experience
    – Workers Compensation premiums are not subject to traditional rates, job classifications or experience modifications
    – General Liability premiums are not based on industry codes
    – Automobile premiums are not based on type of vehicle or garage location
  5. You gain control over your future insurance costs
  6. Your maximum annual premium is always known in advance
  7. Claims are handled by your claims administrator quicker and with greater sensitivity
  8. Loss control is provided to help reduce future claims

As an expert in setting up and managing insurance captives, Butwin can work with you to set up the right coverage based upon your loss experience. We look forward to working with you.

Don’t pay for other companies risk modification. Consider captive insurance. Contact Butwin Insurance Group today.