We know Captive Insurance

Captives have specific insurance needs. We have tailored solutions.

Our Financial Snapshot

A-

(Excellent)
A.M. Best Rating†

$19.3M

Adjusted Operating Income2

62.5%

Loss Ratio1

Insurance Overview for Captives

A captive is an insurance company owned and operated by its insureds. When you choose ProSight as the reinsurer and fronting carrier for your captive program, you’ll get the benefit of our strong financial rating, underwriting oversight, and claims expertise. Our goal is to help stabilize and ultimately lower your long-term cost of risk.

Our Product Offerings

Single-Parent Captives
A broad range of services are available to single-parent (“pure”) captives that are owned and controlled by one organization.

Group Captives
With group captives, we help customers in similar industries with above average risk characteristics join together in homogenous groups for better, more stable long-term outcomes.

Agency Captives
We support captives that are owned by an insurance agency or broker.

Industries We Can Serve

  • Construction
  • Consumer Services
  • Energy
  • Marine
  • Media
  • Sports
  • Professional Services
  • Transportation


Available Coverages

  • General Liability
  • Professional Liability
  • Workers’ Compensation
  • Commercial Auto
  • Licensed in all 50 states and Washington D.C.

Available Value-Add Solutions

Industry-Specific Differentiators
Claims Handling
Loss Control
Policy Administration Systems
Excess of Loss Reinsurance
Quota Share Reinsurance
Aggregate Stop Loss Reinsurance
Surplus Lines Broker Solution i

Collateral Requirements

Types of Collateral

Evergreen LOC
114 Trust Accounts
Are you ready to get started? Connect for a quote

Resources

Program at a Glance Download PDF
Retaining the Critical Human Touch Read Article
The earth with the webs of cyber security
Safeguard Against Cyberattacks Read Blog

Why ProSight

Expertise

We deliver underwriting, claims, distribution, and customer service experiences that help drive positive performance.

Focused Distribution

We collaborate with a select group of expert distribution partners to deliver unique value to our customers.

Differentiation

We design solutions to help solve our customers’ business problems and enhance their business operations.

Our Expert

Tony Ciofani VP, Alternative Markets Read Bio

Our Partner

We work only with a hand-selected group of Captive Managers, Intermediaries, and MGAs that demonstrate the same level of expertise and commitment as we do in constructing the right captive solutions for the businesses we serve.

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†Assigned to insurance companies with an excellent ability to meet their ongoing insurance obligations.
¹Excludes 2.5 points of catastrophic losses and other related items.
²Financial results are as of 6/30/21.