Captive Insurance

Through our partnership with Innovative Captive Strategies (ICS), The Graham Company can advise you on whether or not a Captive Insurance alternative makes sense for you. A Captive Insurance Company is a special purpose insurance company that has as its primary purpose the insurance or reinsurance of the retained risk of its owners or participants. In other words, it is a risk financing mechanism used as an alternative to traditional insurance.

Group Captive
A Group Captive brings together a group of independent businesses to form their own insurance company. The member participants own their underwriting profit and investment income. The Graham Company formed a heterogeneous Group Captive Insurance Company in December 2001, comprised of best-in-class companies including contractors, manufacturers and distributors. This Captive provides workers' compensation, general liability and automobile liability/physical damage coverage.

Single Parent Captive
A Single Parent Captive is a company that insures risks of its parent or affiliated companies. A Single Parent Captive is owned by one company and is designed for organizations with annual premiums in excess of $3 million. In the right situation, this arrangement can provide greater accountability for all profit-center programs.

Rental Captives
Rental Captives are designed to "rent" space to multiple programs/insureds through a "Segregated Cell" structure. These programs are designed to provide all the benefits of a Captive without the burden of ownership obligations.

The Graham Company can help you decide which, if any, of these Captive Insurance alternatives are right for you.