Historic rising insurance costs and more stringent policy terms are causing businesses to consider alternative insurance programs. Captive and self-insurance programs have been commonplace with large firms; however, due to rising insurance prices as a result of billions of claims dollars spent on pandemic, hurricane, wildfire, social unrest and rising legal verdicts, small to mid-size firms are now looking to realize the financial benefits of the captive insurance company model. In fact, 2020 saw a 200 percent year-on-year growth of captives and the trend is expected to grow even higher in 2021.
Join NCBA CLUSA and Farm Credit System Captive Insurance Company President Brian Clanton on Wednesday, June 30 from 2-3 pm EDT to discover the many benefits of the captive insurance model, including the potential cost savings of a captive insurance program for your members, and how sophisticated programs can be leveraged to meet business objectives. You’ll also learn how to determine if a captive model is right for the members of your cooperative.
MEET THE PRESENTER
Farm Credit System Captive Insurance Company
Brian Clanton has more than 25 years of insurance experience leading large commercial insurance companies and developing sophisticated insurance programs for mid-sized to Fortune 500 organizations.