Specialty Coverage Options
InsurEdge Group Partners
Alternative Risk Solutions with Captive Insurance
Retention Insurance Mangers specializes in helping businesses reduce insurance costs and gain more control over their coverage through captive insurance strategies. Captive insurance can be a powerful tool for companies looking to move away from the unpredictability of the traditional insurance market.
Group Captive Insurance
Group captive insurance brings together like-minded businesses to form a shared insurance company. This model allows members to pool risk, share in potential profits, and benefit from greater transparency in pricing. It’s an ideal solution for small to mid-sized companies with strong safety practices that want more control and long-term stability in their insurance programs.
Single-Parent Captive Insurance
A single-parent captive is a private insurance company owned by one business. This option gives the parent company full control over its insurance policies, claims handling, and risk management strategies. It's best suited for businesses with predictable risk and sufficient scale to support a captive on their own. The result is a highly customized insurance solution—and the potential for significant long-term savings.
Explore whether captive insurance is right for your business.
Protect Profits with Strategic Risk Planning
SRA 831(b) Admin helps businesses safeguard against unforeseen risks while leveraging the tax advantages of a specialized risk management tool. Through 831(b) plans, companies can set aside funds to cover enterprise risks that traditional insurance often overlooks—while enjoying tax-deferred growth.
Tax Deferral
SRA 831(b) Admin helps businesses safeguard against unforeseen risks while leveraging the tax advantages of a specialized risk management tool. Through 831(b) plans, companies can set aside funds to cover enterprise risks that traditional insurance often overlooks—while enjoying tax-deferred growth.
Risk Management
Much like a 401(k) for your business, 831(b) plans allow you to set aside pre-tax dollars to address future risks. This strategy not only protects your revenue—it creates long-term financial flexibility for events such as lawsuits, cyberattacks, or business interruptions.
Tailored Coverage
Every business faces unique risks. 831(b) plans give you the ability to customize coverage to fit your specific needs—especially for exposures that are difficult or expensive to insure through traditional means.
Interested in exploring an 831(b) plan for your business?
