Spring Consulting Group, An Alera Group Company reposted this
If you’re in the benefits or risk management space, you’re probably aware of the explosive growth of Captive Insurance as an alternative solution to managing the escalating costs of healthcare and more. A Captive Insurance program is an insurance or reinsurance company established to insure or reinsure the risks of its parent organization, under which the Captive acts as a subsidiary. In today’s economic and healthcare landscape, a Captive can be a game-changing strategy for cost containment, risk management and enhanced benefits coverage. Prabal Lakhanpal, Alera Group’s National Practice Leader for Alternative Risk and Captives, explains how captive insurance works. To learn more about Captive Insurance, join us for our November 2024 Engage webinar, “When Captive Insurance Makes Sense.” Register today at: https://ow.ly/aMVl50TUoig #captiveinsurance #employeebenefits
Experienced Commercial Insurance Executive, with a specialty in the construction market, and the ability to pivot to health and life insurance for mid to large-size organizations.
3moVery well articulated Prabal!