From manufacturing and distribution, to construction, transportation, temporary employment agencies, retail, food and beverage production and hospitality, CRI reaches businesses across a broad range of industries, in all regions of the country. Above all else, what empowers companies to embrace the CRI model is the security that comes from greater control over their insurance destiny, plus significant insurance cost reductions.

Homogeneous or Heterogeneous?

CRI works with both homogeneous and heterogeneous group captives, believing there are advantages to both, but ultimately allows the prospective member company to choose the type of captive with which it is most comfortable. Over the years, when forming new captives, CRI has responded to meet market demand while maintaining its original vision of providing stability and control for the captive member-owners. This is evidenced by the diversity of its current captives. Some of the industries for which homogeneous captives have been formed include:

→ Temporary Services/Staffing

→ Trucking

→ Oil/Gas Exploration and Services

→ Agri-Business

→ Distributors

→ Roofing Contractors

→ Building Contractors

CRI’s heterogeneous group captives typically include:

→ Service (distribution, wholesale, retail)

→ Manufacturing

→ Construction

Most recently, a unique, cutting edge captive providing a health insurance stop loss option for self-insured companies has commenced operations.

A new captive member wants to feel comfortable with its choice of captive, both as an owner of the company and as an insured. Although CRI offers prospective captive members both heterogeneous and homogeneous captive options, both operate essentially the same way, i.e., with a similar unbundled service structure, same risk-funding formula, etc. When a prospective member must decide which type of captive is the best fit for its business, CRI will advise the potential advantages and disadvantages of each, and endeavor to provide the information the prospect needs to make a sound decision. Perhaps the prospective member feels that a homogeneous captive with loss prevention programs tailored to its specific industry will be more beneficial than a heterogeneous captive offering a greater spread of risk across various industries. There are a number of issues to consider but ultimately, it is the prospective member’s decision.