Resource Highlight: MCAA’s What is a Captive Insurance Plan/Group and What Can It Do For Your Company?

Mechanical contractors face an uncertain insurance market. MCAA’s What is a Captive Insurance Plan/Group and What Can It Do For Your Company? explores the use of captive, or privately held, insurance as a way to mitigate risk and provide greater cost control relative to a contractor’s insurance premiums. It’s just one of MCAA’s educational resources that are free to MCAA members as a benefit of membership.

The bulletin covers:

• What captive is, and why contractors might join a captive plan
• What group captives are
• The captive structure
• How captives work
• The captive marketplace
• How contractors are using captives to avoid complacency
• How contractors are using captives to formalize their practices and create repeatable processes that drive predictable results
• Who qualifies to join

For a full list of available Management Methods Bulletins, visit the Management Methods Bulletins page.

Find all of MCAA’s educational resources in the Resource Center.

Have Questions or Need Personal Assistance?

Contact MCAA’s Frank Wall.