Captive insurance for businesses ready to own their risk.

If your business runs cleaner than its class — and your premiums never seem to notice — a captive turns insurance from a cost you rent into capital you own. We help you decide honestly whether you're ready, and structure the program if you are.

Coverage options

Group Captives

Member-owned insurance companies where well-run, safety-obsessed businesses pool their predictable losses and share the underwriting profit the standard market used to keep. The most common entry point into captive ownership.

Single-Parent Captive Feasibility

An honest, numbers-first assessment of whether your premium volume, loss history, and risk appetite justify a captive your business owns outright — including the cases where the answer is "not yet."

Cell & Sponsored Captives

Protected-cell structures that deliver captive economics — your own underwriting results, your own layer — without the capital and governance burden of standing up a whole insurance company.

Fronting & Reinsurance Coordination

Admitted paper from a licensed fronting carrier where certificates and compliance demand it, with reinsurance arranged behind the captive to cap severity — the plumbing that makes a captive work in the real world.

Captive + Conventional Hybrids

Captives rarely replace the whole program. We structure which layers the captive retains and which stay with conventional and catastrophe markets, so one bad year can't threaten the company that owns it.

Exit & Run-Off Planning

Captive commitments are multi-year, and leaving one has mechanics — collateral release, loss development, run-off coverage. We plan the exit before you enter, because that's when you have leverage.

Why clients choose Geneva Insurance Group

Honest Feasibility, Not a Pitch

Captives are genuinely wrong for most businesses — too small, too volatile, or better served by a well-shopped conventional program. We're independent, and we'll tell you which one you are before anyone spends real money on studies.

A Specialist Bench, Coordinated

A working captive takes captive managers, actuaries, fronting carriers, reinsurers, and domicile regulators. We coordinate that bench and translate it into plain language, so you stay the owner — not the translator.

The Conventional Comparison, Always

Every captive recommendation we make sits next to a fully-shopped conventional alternative across 25+ A-rated carriers. If the standard market beats the captive economics, you'll see it side by side.

Built Around Your Data

Captive economics are loss-data economics. Our book runs on a modern data pipeline, and we build your feasibility case the way actuaries and reinsurers actually evaluate one.

Frequently asked questions

Is my business large enough for a captive?

Rules of thumb: group captives generally start making sense around $150,000–$500,000 in annual casualty premium (workers' comp, general liability, auto) with losses consistently better than your class; single-parent captives usually want $1 million+ in premium across lines. Below that, the fixed costs eat the benefit — and we'll show you the math rather than wave at it.

Is captive insurance related to a "captive agent"?

Same word, opposite ideas. A captive agent is a salesperson who can only sell one carrier's products. A captive insurance company is an insurer owned by the business it insures — it's about owning your risk, not limiting your options. Geneva is an independent agency (no captive agents here), and we explain the difference in our captive vs independent agent guide.

How does a group captive actually save money?

Three ways: you keep underwriting profit on your own predictable losses instead of paying the standard market to hold them; you earn investment income on reserves while claims develop; and your premium is driven by your losses, not your class's. The trade: capital at risk, collateral requirements, and a multi-year commitment — the savings are earned, not given.

What are the risks of joining a captive?

Real ones: your capital is genuinely at risk if losses run bad, collateral gets posted and held, assessments are possible in badly-structured groups, and exiting takes planning. A captive rewards businesses that control losses and punishes ones that don't — which is exactly why well-run companies join, and why we screen the fit honestly.