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The Advantages of Captive Insurance ARE:
Increase Control, Reduce Costs
A captive insurance company represents an option for many corporations and groups that want to take financial control and manage their own risks rather than paying premiums to commercial insurers.
Greater control over claims represents the single BEST reason
Coverage tailored to meet the Business Owners needs
Reduced operating costs
Improved cash flow
Increased coverage and capacity
Investment income to fund losses
Direct access to reinsurance markets
Funding and underwriting flexibility
Smaller deductibles or self-insured deductible
Additional negotiating leverage with underwriters
Incentives for loss control