A Smarter Way to Insure: Captive Insurance for Growth-Focused Businesses
If you’re looking for more control, better long-term savings, and a proactive approach to risk management, captive insurance may be the right fit. At 1st Choice Insurance Advisors, we help qualified businesses explore and implement captive insurance strategies tailored to their needs—without the complexity or confusion.
We don’t just explain how it works—we help you decide if it’s right for you.
What Is Captive Insurance?
Captive insurance is a form of self-insurance where a business creates its own insurance company to cover specific risks. It allows you to:
- Insure risks traditionally considered too expensive or unavailable
- Retain underwriting profits and investment income
- Gain more control over claims, coverage terms, and costs
- Improve cash flow and risk transparency
Captives are typically used by mid-sized to large companies—but they’re not just for Fortune 500s anymore.
Is Captive Insurance Right for You?
It might be—if your business:
- Pays $100,000+ annually in commercial premiums
- Has a strong risk management program
- Wants to reduce reliance on commercial markets
- Needs customized or specialty coverage
- Operates across multiple locations or industries
We work with business owners, CFOs, and risk managers to evaluate feasibility and connect you with vetted captive administrators and advisors.
How We Help
Captive insurance isn’t DIY territory—and it’s not something we rush. Our role is to help you understand:
If it’s a fit, we help you take the next step. If not, we’ll help you find smarter alternatives.
