Group Owned Captive Insurance Seminar *UPDATED

The use of captives in insurance can be a very confusing concept. On one extreme, companies who are unfamiliar with the concept believe captive risk financing is a magic bullet which can be used to solve all their traditional market pricing and coverage problems. On the other extreme, companies believe captives are solely the domain of the Fortune 1000 and not applicable to smaller companies.

~~The reality is that there are a variety of types of captives which are used to finance a variety of risks. While some captives have been established for companies with larger risk profiles, there are many more middle market companies who successfully use some form of captive.
 
We will cover:

•Elimination of the insurance market cycles – stabilize your cost of risk

•Reduce direct and soft costs of claims through highly specialized claims management and loss control services

•Share ideas and experience with an exclusive club of other top tier companies

•Opportunities to enhance your operating income

•Own an equity stake in your insurance company – “Rather than just renting insurance”

•Earn investment income on loss funds and claim reserves

•Contain your corporate tax burdens by enjoying the inflows of captive program profits in tax preferential environment

•Risk management resources from the Tedrick Group to reduce your total cost of risk

~~Location and Date:

Tuesday, April 26, 2016
9:15 - 9:30 am: registration
9:30 - 11:00 am: presentation

Cedarhurst Center for the Arts
2600 Richview Road
Mount Vernon, IL 62864

Breakfast will be provided


RSVP by April 12, 2016 to:
Carrie Wheeler  618.244.5800 carriew@tedrickgroup.com

About the speaker:

Keith Merkel
Captive Resources, LLC
Captive Resources, LLC is an independent consulting company and industry leader in the creation, development and oversight of member-owned group captive insurance companies.  Their captive model empowers businesses to control their insurance costs and develop organizational cultures that exemplify the very best safety and loss prevention practices.