Delaware Business Insurance Adapting From Captives

Owner controlled insurance companies called captives are growing at a record pace here in Delaware.   Small business owners that have enough size and premium to form their own insurance company are doing so. This change to the business insurance  marketplace is having a dramatic affect. Traditional insurers are starting to take notice as more large premium policies are moving into the captive space. Time will tell how far this may go but as I see it, captive insurance companies will continue to grow and take premium dollars out of traditional insurance companies pockets. Until next time be careful out there and know your risks.
Blog by G. Kevin Nemith. President of CNC Insurance Assoc., Business Insurance , Small Business Insurance specialists serving Delaware, Maryland, Pennsylvania, and New Jersey.

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