Putting Together a Practical Yacht Storm Plan

Posted on July 1, 2021October 7, 2021Categories Captive Insurance

Owning a yacht offers you the opportunity to take to the sea in a luxurious way. No matter how fancy your vessel, however, you are still completely at the mercy of nature. Should a storm suddenly come your way, you absolutely need to have a plan in place for how to handle the scenario. Take a moment to review these suggestions and learn more about how you can weather any storm that comes your way with a big of preliminary … Continue reading “Putting Together a Practical Yacht Storm Plan”

3 Ways to Save Money With Captive Insurance

Posted on February 26, 2021October 7, 2021Categories Captive InsuranceTags , , , ,

Over the years, many large companies operate as captive insurance companies and improving the cost of maintaining adequate coverage. However, now, even small businesses can benefit from captive insurance and risk management. Here are three ways to save money with captive insurance and manage potential uncertainties within your organization. 1. Avoid Price Markups In a traditional market, captive insurance coverage is significantly increased to offset administration and overhead expenses. However, captive risk management can help reduce these additional costs by … Continue reading “3 Ways to Save Money With Captive Insurance”