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RISK RETENTION ACT SELF-INSURANCE PROGRAMS MOST BUSINESSES or BUSINESS ASSOCIATION GROUPS have four
major reasons for Self-Insuring as a Captive/RRG Insurance Company: 1.
To maintain the integrity of their business; 2.
To facilitate local control; 3.
To provide better program management and services; and, 4.
To better manage taxation. However, these businesses quickly realize that the number
one (1) benefit of taking control is CLAIMS MANAGEMENT and
implementing industry standards for RISK MANAGEMENT. One Captive formed three years ago was able to change from
70% of all claims made closed with payment, and only 30% closed with no
payment. Today, 70% of all claims are
closed with no payment and only 30% are closed with payment. |
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F. Darrell Lindsey State Approved Captive/RRG Manager |
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CLICK: |
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BACK – USE ARROW TO PRINT USE PRINT PREVIEW |
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