A captive insurance company is one that is owned and controlled by its insured(s).
Captive insurance companies 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



• Hedge against insurance market volatility



• Greater control over claims



• Greater 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



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