Captives have specific insurance needs. We have tailored solutions.
A.M. Best Rating†
Adjusted Operating Income2
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.
A broad range of services are available to single-parent (“pure”) captives that are owned and controlled by one organization.
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.
We support captives that are owned by an insurance agency or broker.
We deliver underwriting, claims, distribution, and customer service experiences that help drive positive performance.
We collaborate with a select group of expert distribution partners to deliver unique value to our customers.
We design solutions to help solve our customers’ business problems and enhance their business operations.
†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.