If your business isn’t able to get insurance coverage through traditional markets due to the increased risks associated with it, captive solutions may be the best insurance option available. Caitlin Morgan Insurance Services has long been a leader in providing quality solutions for its clients. It offers a variety of coverage options to fit almost any business’s needs.
Some of the solutions available through Caitlin Morgan Insurance Services include:
- Single Parent Captive – This is one of the most popular types of solutions offered. It’s ideal for businesses that want to improve cash flow, control their risk, and minimize insurance costs.
- Risk Retention Group – Under this option, business owners are both policyholders and part owners in a liability coverage cooperative. The group works together to support each other in times of need.
- Protected Cell Captive – This solution allows business owners to retain control of their risk while ensuring that they have adequate funds available.
Determine Your Solution
It’s wise to take steps to protect your business from the financial consequences associated with increased risk. Fortunately, there is a wide range of options available for businesses that are constantly turned away by the traditional insurance market. Working with Caitlin Morgan Insurance Services to determine which captive solution would best suit your business will help ensure its financial future. Don’t let another day pass without devoting some time to captive solution research. Your business’s financial health depends on it.