Building Stronger Businesses Through Alternative Risk Management.

Are you getting the value you need through traditional insurance?

Discover how businesses like yours are paying less for more insurance coverage.

What is Captive Insurance?

Captive insurance is similar to self-insurance. It is a private, licensed insurance company (aka – a captive) operated by a “parent” company or a group of related organizations that come together to “insure” its own risk coverage.

The primary benefit of captive insurance is to better meet the needs of the company (or group) and to escape the volatility of the traditional commercial insurance marketplace.

Why 10XB?

10XB provides Captive Management Services for your company. Over the last 20 years our executives have worked all across the insurance industry, including C-Suite positions with Fortune 10 Insurance companies.

We guide you through the process and provide the experience and knowledge you need to better protect your company without the expense of expanding your current team.

What is the benefit of a captive?

The primary benefit of captive insurance is to better meet the needs of the company (or group) and to escape the volatility of the traditional commercial insurance marketplace.

By creating your own private insurance company (a captive), you’ll reduce costs, increase cash flow, insure your own risks, and have direct access to wholesale markets.

A captive also provides a company more control over their own risk exposure through direct risk evaluations, allows companies to write policies and set premiums that cover those risks, and determine how claims will be paid. This added control ultimately returns unused funds to the company as profit.

Will this work for my company?

Yes, if your claims payouts are historically less than what you pay in insurance premiums and if you typically pay more than $200,000 in total annual insurance premiums, your company may be a candidate. A captive also allows companies to insure risks that are difficult to obtain coverage for in the open market and guarantee or bond your services and products.

A captive’s primary benefit is to better meet the needs of the company (or group) forming the captive and help them escape the volatility of the traditional commercial insurance marketplace.

How can I learn more?

Completing the “Free Assessment” is a great place to get started. You can also find some great information under the Education tab. You can also reach out to us with any questions you might have. We promise to provide a safe, no-pressure environment for you to gain more knowledge and explore opportunities. Let us help you reduce operating costs, properly align risk coverage with your business goals, and determine if a captive is the right solutions for your organization.

A captive allows companies to better meet their own insurance need while escaping the volatility of the traditional commercial insurance marketplace.

How do I get started?

Captive Insurance Works for These Industries, and More!

Construction

Property Insurance, Service Guarantees / Bonding, Workman’s Comp, General Liability, Health Insurance, Fleets, Business Disruption, etc.…

Transportation

Vehicle Insurance, Service Guarantees, Workman’s Comp, Road-side Assistance, General Liability, Health Insurance, etc.…

Medical

Medical Malpractice Insurance (aligned insurance interests with Practice’s interests), and everything else after this coverage.

Senior Living

Property Insurance, Employee Bonding, Workman’s Comp, General Liability, Health Insurance, etc.…

Manufacturing

Product Guarantees, Employee Benefits, Workman’s Comp, General Liability, Health Insurance, etc.…

Franchise

Franchisor Risks, Service Guarantees, Franchisee General Liability, Property Insurance, Health Insurance Pooling, Workman’s Comp, etc.…

Associations

Pool Association Member’s Risks and Association brings value to its Members. Often this provides “buying power” and is a revenue source.

What Makes

Us Different?

10XB is a service company first. Our secret sauce is simple. We use our God-given talents to serve our clients to the best of our ability, use technology to enhance that service, and help them focus by removing stress and worry through properly managed risk.
To learn more about 10XB, the benefits of a Captive, or joining us for our next webinar contact us at info@10xbcaptive.com