Question 1
My business currently spends at least $250,000 in premiums on work comp, general liability, and business auto policies combined.
Yes
No
Why this is important
Why is this important?
Indicates a financial scale suitable for captive insurance consideration.
Suggests potential for more cost-effective risk financing methods.
Offers potential savings and profit returns in a captive scenario.
Question 2
We believe in the importance of sharing best practices in safety, risk management, and operations with our organization and with others outside our organization, such as peers and business owners in other industries.
Yes
No
Why this is important
Why is this important?
Aligns risk management with business goals.
Enhances collective intelligence through best practice sharing.
Drives group performance in a captive arrangement.
Supports mutual accountability and community in risk approach.
Leads to stable, predictable insurance costs and competitive advantage.
Question 3
We are growing frustrated because our insurance premiums are increasing despite our low claims experience.
Yes
No
Why this is important
Why is this important?
Aligns premiums with actual loss experience, not market rates.
Provides relief from arbitrary traditional insurance pricing.
Offers stability against market fluctuations, aiding financial planning.
Encourages continued effective risk management.
Creates potential for cost savings and reinvestment into business.
Question 4
We are committed to implementing and maintaining effective risk management practices within our organization.
Yes
No
Why this is important
Why is this important?
Indicates proactive risk mitigation, essential for captives.
Reduces frequency and severity of losses.
Allows for profit retention from well-managed risks.
Drives down costs for all members in a captive.
Promotes a healthy risk pool and continuous improvement.
Question 5
We are comfortable with the idea of retaining some level of risk internally, understanding that not all risks need to be transferred to a traditional insurer.
Yes
No
Why this is important
Why is this important?
Your website content is user-focused, easy to understand, and builds trust.
You talk about the buyer, their problems, and how you guide them to success more than you talk about yourself.
Your pages leverage real testimonials, video success stories, and other forms of social proof.
Your content clearly describes what you offer, how it makes people’s lives better, and how prospects can buy from you.
Users can clearly see how they can take action on your website.
Question 6
Investing in our employee safety training is a priority for us, and we allocate resources to these areas annually.
True
False
Why this is important
Why is this important?
Demonstrates a mature risk management philosophy.
Balances risk retention with strategic risk transfer.
Reduces insurance costs and encourages internal risk management.
Offers financial flexibility and strategic reinvestment.
Enhances tailored coverage to match unique company risk profiles.
Question 7
Our company's history shows fewer claims compared to industry averages because we run a safe operation.
True
False
Why this is important
Why is this important?
Validates effective risk management and safe operations.
Reflects positively in a captive with lower premiums and dividends.
Demonstrates value to other captive members.
Strengthens collective risk profile and captive’s financial position.
Rewards safety and risk management efforts financially.
Question 8
It’s frustrating that part of our insurance premium (traditional carrier) is being used to pay claims of poor performers.
True
False
Why this is important
Why is this important?
Your website content is user-focused, easy to understand, and builds trust.
You talk about the buyer, their problems, and how you guide them to success more than you talk about yourself.
Your pages leverage real testimonials, video success stories, and other forms of social proof.
Your content clearly describes what you offer, how it makes people’s lives better, and how prospects can buy from you.
Users can clearly see how they can take action on your website.
Question 9
We are fed up with the insurance industry and its 'one size fits all' mentality.
True
False
Why this is important
Why is this important?
Captives offer tailored risk management solutions.
Captives design insurance programs that align with specific needs.
Results in more effective risk management and potential cost savings.
Avoids the limitations of average market needs dictating coverage.
Question 10
We are interested in an insurance program that offers long-term savings and control, understanding that it may require more upfront investment.
True
False
Why this is important
Why is this important?
Your website content is user-focused, easy to understand, and builds trust.
You talk about the buyer, their problems, and how you guide them to success more than you talk about yourself.
Your pages leverage real testimonials, video success stories, and other forms of social proof.
Your content clearly describes what you offer, how it makes people’s lives better, and how prospects can buy from you.
Users can clearly see how they can take action on your website.
Show my premium savings
Fill Out The Form Below to Have Your Assessment Results Emailed
