Captive insurance is a smart, alternative way for businesses to take control of their insurance costs by forming their own licensed insurance company. Instead of paying high premiums to traditional insurers, who also profit from unused funds, businesses can “self-insure” through a captive. This means more flexibility, greater risk control, and significant savings. Captive insurance is ideal for companies ready to level up their risk management strategy and unlock long-term financial advantages.
A single-parent captive is owned and operated by one company. This setup gives total control over underwriting, claims, and policy design. With annual premiums of $750,000 or more, this model helps businesses create tailored plans while significantly lowering costs.
Group captives are designed for companies that don’t meet the premium threshold for a single-parent captive. Instead, they join a pre-established group structure. Group captives offer shared resources, collective buying power, and access to captive benefits without starting from scratch.
Captive insurance plans are flexible and wide-ranging. They can cover everything from workers’ compensation and general liability to cyber risk. With Forza Capital Advisors, your policy uses the same language and limits as your current coverage, just smarter and more cost-effective.
Interested to see how this all plays out? Here are the typical steps taken when forming a new captive insurance company:
Let’s talk about how we can help your business with insurance alternatives.
Captive insurance isn’t just for Fortune 500 companies. Small to mid-sized businesses across many industries can also benefit. If your organization spends over $750,000 annually in premiums, or if you’re simply looking for smarter ways to manage risk, you may already qualify. Captives provide financial advantages, tax benefits, and strategic risk control that many businesses don’t realize are within reach.
If you fall under one of the following industries, let us help you unlock new insurance opportunities. Don’t see your sector? Still reach out; we’ll make it happen.
Many businesses don’t realize how much they’re overspending on traditional insurance. Reach out to Forza today, and let’s explore whether a captive structure could unlock savings for your company.
How do I start a captive?
The first step is a feasibility study to determine if a captive is right for your business. From there, you’ll move through design, formation, and management. Every situation is unique, so the best way to get started is to connect with Forza Capital Advisors.
Do I lose my current broker relationship by setting up a captive?
Not at all. Forza Capital Advisors works alongside your current broker. In fact, our model even allows brokers to earn commissions, removing the traditional barrier that kept captives out of reach for many businesses.
How long does it take to create a captive?
With Forza Capital Advisors, the timeline from consultation to activation is typically within a few months. We manage every step, so your focus can stay on running your business while we build your insurance solution.