A property captive insurance solution is available to companies that participate in one of the casualty group captives we work with. The property group captive model is similar to the casualty captives, with a few modifications. Similar to the casualty captives, members join together to achieve the benefits of a comprehensive, highly competitive program, including increased control of coverage and more predictable premiums.
Property Group Captive Coverage
The Captive Resources property captive insurance model covers all normal exposures on an All Risk basis for Property Damage and Business Interruption. Coverage highlights include:
- Building and Personal Property
- Business Interruption/Extra Expense
- Boiler and Machinery inherently included
- Optional Flood and Earthquake
- Contractors’ Equipment
- Transit
- Newly Acquired Property
- Valuable Papers/Accounts Receivable
- Terrorism Coverage
- Contractors Equipment
- Electronic Data Processing (EDP)