Can’t Beat Your Insurance Company?

As an owner of a small business and also of a captive insurance company, we conducted a two-year search and interviewed about ten of the leading Captive Managers in America. At the end of the search, we thankfully selected Risk Management Advisors to be our Captive Manager and have been very pleased with their services over the past 5 years.

“Many factors go into owning your own company. It isn’t always A+B=C. One year, suppliers are filling orders on schedule with quality products and customers are happy. Another year, the once reliable supply chain breaks, inventory is no longer produced on time or in best quality and customers become unhappy. Sometimes even with good quality products and service provided to customers, something happens on the other side and they are no longer able to pay. Working with RMA and having a captive insurance company has helped our company not take such a financial hit when things outside of our control affect our bottom line. Wes and his team at RMA are very knowledgeable and have helped us understand an area we knew nothing about but benefit from greatly. Standard insurance policies do not protect us from these unknown variables and having a captive in place has offset the damage that “normal” insurance will not/does not.”

"Prior to 2018 I was on the fence about whether to utilize a captive insurance company to add additional protections for my primary business. However, during 2018 we had something nearly permanently devastating occur: For a period of time we lost our contract with a payer that represented about 50% of our business. Going through that very dramatic experience and the millions it cost us in lost revenue pushed me off the fence and made it abundantly clear we needed to leverage against that possibly ever occurring in the future. I was referred to Max and the team at RMA and have been extremely impressed with their level of expertise in helping me to navigate these very uncharted waters. My company, employees, and family are blessed to have them on our side for whatever tomorrow may bring."