If you’re reading this, chances are someone has mentioned captive insurance to you—maybe your CPA, your broker, or a business associate. And like most smart business owners, your first thought might have been:
“Isn’t that just for giant companies?”
“Isn’t that risky?”
“What happens if we get hit with a huge claim?”
You’re not alone. These are the most common questions we hear from business owners who are ready to think differently—but still want the facts.
At Hendrickson Insurance, we help companies like yours turn their insurance premiums into profit centers—by showing them how to build and manage their own captive insurance company.
Here’s a quick breakdown of what you’re probably wondering—and how it really works:
1. “Aren’t captives only for big corporations?”
Not anymore.
While Fortune 500s have used captives for decades, more mid-sized businesses are stepping into the game—especially those paying $250,000 or more annually in commercial insurance (across Workers’ Comp, General Liability, Auto, etc.).
If that sounds like your business, you may already qualify.
2. “It sounds risky. What if it doesn’t work?”
Captives reduce risk when they’re structured properly.
We’ll walk through your loss history, identify your risk profile, and model what your worst, best, and average claim years actually look like. Spoiler alert: if you’ve had several years of low losses, you’ve probably been leaving money on the table—and a captive puts that money back in your control.
3. “What if we get hit with a big claim?”
You’re still protected.
Captives include reinsurance layers—think of it as backup insurance for your insurance. Plus, you’ll know your maximum premium upfront, so there are no open-ended surprises. Most owners are surprised to learn captives often offer more protection than traditional carriers in catastrophic situations.
4. “Who manages all this?”
We do—and we bring the experts.
Hendrickson Insurance partners with experienced captive managers, attorneys, and actuaries to build and maintain your captive. You focus on running your business—we’ll handle the structure, compliance, and ongoing strategy.
Why More Business Owners Are Choosing Captives
- Profit from your low-claim years
- Customize coverage to your actual risks
- Potential tax advantages
- Escape the rollercoaster of traditional premium hikes
- Build a real strategy around risk—not just a policy
Ready to Explore If a Captive Is Right for You?
Captives aren’t for everyone—but they’re a perfect fit for many business owners who are tired of overpaying for insurance they rarely use.
Let’s take a look at your current premiums, loss history, and risk profile. No pressure. Just straight answers.
Book a Free Captive Fit Call or
Contact us today at info@hendricksonins.com
Stop just paying for insurance. Start owning it.
We’ll show you how.