Captive Insurance for ESOP Companies

Chad Duke, Vice President/Risk Advisor, and Pim Jager, Vice President/Benefits Consultant, were recently featured on the ESOP Podcast discussing captive insurance and Scott Insurance’s collaboration with the National Center for Employee Ownership (NCEO) to create two new captive programs exclusively for ESOP companies, OWN Health (health insurance) and OWN Risk (property and casualty).  Continue reading

Affordable Housing

Captive Insurance for the Affordable Housing Industry Uncovering the strategic benefits of a unique approach to risk financing

As Affordable Housing organizations face their annual insurance renewals, many have been surprised at the level of premium increases they are experiencing.  Today’s challenging and volatile insurance market is having significant impacts across the industry and has led many forward-thinking industry leaders to consider alternative risk financing mechanisms, such as captives.  While our Affordable Housing Team has received increasing questions about captives, this isn’t just anecdotal. According to industry trends, interest in captive insurance in the U.S. has risen greatly in the first quarter of 2021.  So, if you aren’t already considering whether a captive might be a good fit for your organization, now may be a good time to begin the conversation.  Continue reading