Breaking Ground

The Big Picture

November/December 2011

Captive Insurance as a Risk Management Tool

By Sandra L. Fenters

Have you ever taken an inventory of the risks you inherently absorb in your business everyday? Some of the risks you already mitigate by way of paying premiums to the traditional insurance marketplace include workers compensation, auto liability, and general liability.

But what about the risks you assume every day that are not insured by the traditional marketplace? Possibly risks such as job-site pollution, extensive punch lists, subcontractor disputes, engineering defects and unforeseen conditions the owner will not recognize, and liquidated damages….

To read the full article, please click on: BreakingGround Captive Article Nov-Dec 2011