Artex Launches Construction Group Captive Insurance Program

Artex has officially announced the launch of a new group captive program designed specifically for construction companies within the United States. Construction Risk Containment Insurance Company (CRCIC) provides an alternative risk transfer solution for construction companies that are typically viewed as a higher hazard in the industry.

Domiciled in Grand Cayman, CRCIC offers coverage for auto liability, general liability, and workers compensation. Best-in-class construction companies with a strong safety and risk management background and at least $250,000 in premium are the ideal targets. Construction companies doing heavy civil, street and road, artisan, demolition, and general contractors will be considered.