Wesley Sierk's Blog

What are captive insurance companies? Mo

Posted in Uncategorized by rwsierk on June 6, 2014

What are captive insurance companies?
More than half of American big business is participating at some level in the captive insurance market. These businesses manage to their insurance risk and profit by it through the creation of their own insurance company. Some companies lease captives from traditional insurance company or belong to similar sector groups. They all have one goal in mind saving money on premiums and profiting from low claims. Steve Savant, syndicated financial columnist and talk show host of Let’s Get Down to Business, interviews nationally recognized captive insurance company expert, Wes Sierk, ChFC, ACI, ARM.



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