Captive insurance programs tailored exactly to your business
Why Stern Risk Partners
Industry specific expertise, delivered directly to you.
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Plain language
Clear, simplified answers. No confusing technical jargon.
Captives can feel complicated to those who are new to the concept. We focus the conversation on structure, economics, capital, claims expectations and how a captive can lower total cost of risk and capture underwriting profit.
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Industry depth
Industry knowledge that shapes design.
Our team has worked across real estate, construction, hospitality, technology, manufacturing, retail, higher education, healthcare and energy. That context helps us build coverage around the exposures that matter.
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Custom structures
Custom solutions, not generic programs.
Whether the right answer is a captive deductible reimbursement policy, a fronted reinsurance arrangement, a manuscript form or another retained-risk structure, each captive program is uniquely built for the client.
350+ captives created
- Feasibility and program design
- Formation, licensure and domicile coordination
- Ongoing captive management
- Captive accounting
- Regulatory compliance and consulting
FAQ
Captive insurance, answered.
What is a captive insurance company?
A captive is an insurance company owned by the business, or group of businesses, that it insures. Instead of paying premium to a commercial insurer, the owner funds its own insurance company, retaining underwriting profit and investment income while gaining more control over coverage and claims.
Is a captive right for my business?
A feasibility study answers that question. We review your loss history, premium spend, risk appetite and capital to determine whether a captive would lower your total cost of risk, and what structure would make sense if it does.
What does Stern Risk Partners handle for captive clients?
Everything from feasibility and program design through formation, licensure and domicile coordination, ongoing captive management, captive accounting, regulatory compliance and consulting. All of it is delivered in-house and direct to client.
What types of captive structures do you build?
Each program is built for the client. Depending on the goals, the right answer may be a captive deductible reimbursement policy, a fronted reinsurance arrangement, a manuscript form or another retained-risk structure.
Which industries use captives?
Captives work for companies in many industries. Our team has worked across real estate, construction, hospitality, technology, manufacturing, retail, higher education, healthcare and energy.
Can a captive be used for a resident liability program?
Yes. Multifamily and student housing owners can write a resident liability program through a captive instead of fully insuring it, retaining the underwriting profit on the program.
Compare fully insured and captive economics
Where can a captive be domiciled?
We have created more than 350 captives across major and emerging domiciles, both domestic and international, and help each client choose the domicile that fits its structure, regulatory needs and goals.
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Find out if a captive fits.
Tell us about your program and our captive team will walk through feasibility, structure and economics with you.