Construction Captive
The Breckpoint® Solution
The construction industry has had a tumultuous history of rising and falling insurance costs for decades.
The Breckpoint® Captive was designed with two purposes in mind:
1 To stabilize premiums long term
2 Give Operators the opportunity to financially
benefit from their safety and loss control practices.
Joining the Breckpoint® Captive opens the door for operators to take control of their insurance spend.
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Acrisure's Competitive Advantages
Many construction companies are looking to adopt group captive insurance strategies to regain control over the cost and coverage of risk and turn an expense (premiums) into a protected asset. There are several other advantages of participating in the Breckpoint® Captive:
- Underwriting profit returned to members
- More predictable / stable premiums
- Improved and streamlined claims management
- Protection from catastrophic risk
- Improved insurance capacity to counteract the shrinking commercial insurance market
- Reduced administrative costs
- Competitive Commissions
- Simplified submission and renewals
- Clients know the worst case scenario before joining
- Adjustable retention
Submission Guidelines
Clients who meet the following criteria should consider adding this captive option to your proposals: