Business Insurance Captives

Rethink Risk. Reduce Costs. Reclaim Control.

The traditional insurance market is unpredictable. Premiums rise even when your losses are low, and you’re left with little control over pricing or claims handling. For companies with strong risk management, there’s a better way: a business insurance captive.

McConkey helps companies break free from the commercial market by joining group captive insurance programs, a smarter, more stable solution for managing core lines of business insurance.

What Is a Business Insurance Captive?

A business insurance captive is a member-owned insurance company made up of financially strong businesses with solid loss histories. Instead of paying premiums to a traditional insurer, you become a member of a captive group and share risk only with like-minded, safety-focused companies.

Together, you fund your own insurance program, take control of claims, and share in any underwriting profit and investment income that isn’t used for claims or operating costs.

Coverages Typically Included:

Why Consider a Captive for Business Insurance?

Cost Stability: Protect yourself from market swings and unpredictable rate hikes
Profit Potential: Receive returns on unused premium and investment income
Control: Engage in claims oversight and tailor your risk management strategy
Peer Grouping: Collaborate with businesses that take safety seriously
Transparency: Know exactly where your insurance dollars are going

Who’s a Good Fit for a Captive?

You may be a strong candidate if your company:

The McConkey Captive Difference

With nearly 30 years of experience in the captive insurance space, McConkey is a national leader in captive program placement and management.

Client Success, Backed by Strategy

Our clients don’t just join captives – they thrive in them. With tailored onboarding, ongoing education, and peer benchmarking, McConkey ensures you get the most value out of your captive experience.

“We’ve been with McConkey since 2001, and there’s never been a reason to look elsewhere. When you have a partner you can trust – one that’s always looking out for your company’s best interest – it makes all the difference. Their team is responsive, knowledgeable and genuinely invested in your success. You won’t regret choosing McConkey.”

• Tim Workinger, Chief Financial Officer, Warehaus

Ready to Take the First Step?

We offer a no-pressure evaluation to determine if a captive is right for your business.