A captive insurance company is one that is owned and controlled by its insured(s).  Captives offer organizations the flexibility to retain pre-determined levels of risk, with the ability to reinsure higher, catastrophic levels of risk through the commercial insurance/reinsurance market.

Upon establishment of a captive program, Ashton Tiffany can help develop goals for the program and manage it accordingly.

Advantages of a captive:

• Flexibility in underwriting and the level of retained risk


• Protection against insurance market volatility


• Greater control over claims


• Stronger incentive for loss control


• Improved cash flow


• Ability to generate investment income and reduce the overall cost of risk


• Direct access to reinsurance markets used by commercial insurers


• Alternative to trading dollars with commercial insurers in the working layers of risk