One of the ways that group captive insurance helps companies lower their insurance costs is by leaning heavily on each member’s individual historical loss performance to determine premiums. The group captive model rewards member-companies for controlling losses by maintaining best-in-class safety programs.
In our latest Group Captive Success Story, Contractor Receives Lower Rates Reflecting Its Strong Loss History, we reveal how a heavy civil contracting company leveraged its exceptional loss history to lower its insurance rates and take control of its insurance programs through group captive membership.
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