Benefits of Captive Insurance Programs

Are you a good operator, with losses that are typically fewer than those of your industry peers? Or are you an agent or broker with a seasoned book of business related to the transportation industry?  If so, you may consider capitalizing on your best practices and years of experience by joining a captive insurance program. 

When managed correctly, the long-term benefits of captive participation at National Interstate can be great, including:

• Potential Lower Overall Costs - Captive members can realize underwriting profits and investment income, lowering their effective cost of insurance
• Greater Control of Insurance Costs - Premiums are likely to be more stable as opposed to following the cyclical traditional insurance market. 
• Improved or Customized Insurance Coverage
• Specialized Claims and Loss Control Services
• Potential Tax Benefits
• Agents and Brokers can capitalize on their profitable books of business by placing seasoned risks in a customized agency captive with National Interstate