Group Captives are independently owned and operated insurance companies that provide insurance to, and are controlled by, their owners. A captive insurance company analyzes and insures the specific risks of its owners, typically reducing operating costs, and returns underwriting profits and investment income to them in the form of dividends.

The Presidio Group works with both homogeneous and heterogeneous captives. However, all share the common objective of seeking better control of their insurance costs.

It's simple. As a member of a group captive, you are no longer susceptible to the ever-changing cyclical nature of traditional insurance providers. Other benefits enjoyed by members of group captives include:

• LOWER COSTS.

The price of insurance coverage purchased in the conventional market can often times include mark-ups to pay for the insurer's acquisition costs, marketing expenses, high commissions, administration and overhead. Such pricing is specifically designed to deliver profit to the insurer's bottom line. In a group captive, the goal is to minimize those costs and enhance your bottom line.

• BETTER SERVICES AND MANAGEMENT.

A captive can purchase strategic insurance products that allow each captive member to manage predictable loses while transferring potential catastrophic losses. For captives supported by The Presidio Group, this leads to improved loss control and greater awareness of the factors that commonly give rise to losses so that they may be reduced and often prevented in the future.

• ENHANCED PROFIT POTENTIAL.

As a member of a group captive, you are rewarded for controlling losses and claims by receiving dividends and investment income. Your loss experience directly determines your dividends and future premiums allowing you to be more competitive in the marketplace.

• LONG-TERM CONTROL OF YOUR INSURANCE DESTINY.

The Presidio Group provides an opportunity for businesses to control their insurance and risk management through ownership. Because members are owners, they can customize insurance coverages to better meet their needs and reduce their long-term cost of risk.

• MORE TIME SPENT RUNNING YOUR BUSINESS.

Turning to an independent captive advisor such as The Presidio Group, means you spend less time addressing insurance issues and more time running your business. We will help you implement, coordinate and facilitate the growth and continued success of your risk management program.

A member-owned group captive is an ideal form of alternative risk financing for companies or organizations that share such qualities as:

• Long-term financial strength and stability.
• Management teams committed to safety, with solid safety programs in place.
• Loss histories that are better than average in their respective industry.
• Minimum casualty premium of $250,000.00. However, our group captive members typically have annual premiums of at least $500,000.00, but can reach or exceed $6,000,000.00.