|
|||||
|
|||||
SELF
INSURANCE PROGRAMS MOST BUSINESSES or BUSINESS ASSOCIATION
GROUPS have four major
reasons for Self-Insuring as a Captive. 1.
To maintain the integrity of their business; 2.
To facilitate local control; 3.
To provide better program management and services; and, 4.
To better manage taxation.
However, these businesses quickly realize that the number one (1)
benefit of taking control is CLAIMS MANAGEMENT and implementing
industry standards for RISK MANAGEMENT. One Captive formed three years ago was able to change from
70% of all claims-made closed with payment, and only 30% closed with no payment. Today, 70% of all claims are closed with no
payment and only 30% are closed with payment.
F. Darrell Lindsey
State
Approved Captive/RRG Manager
CLICK TO: |
|||||
|
BACK – USE ARROW TO PRINT USE PRINT PREVIEW |
||||