Tips for Group Captive Success

An important thing to keep in mind in order to successfully run a group captive insurance company, according to Michael J. O’Neill of ACIG, is that its members need to be effectively handling their safety, quality, and document retention programs. Strategies toward achieving these goals include networking committees, benchmarking, and competitive ranking within the group so that each member is striving not only for its own retention goals but for the group’s goals as well.