In this episode of Captive Talks, hosts Joel Hurt and Kody Fitzjerrells talk about the similarities and differences in the actual underwriting and renewal process when quoting a group captive vs traditional insurance program.Joel and Kody discu

Am I Ready For A Captive?

Sep 21st, 2021 19m 33s

Are you ready for a captive as a trucking company? In this episode, hosts Joel Hurt and Kody Fitzjerrells hit on both the tangible and intangible things that make a trucking company ready for a captive.For the intangible aspects, it is all abou

Pricing in a Captive

Aug 9th, 2021 8m 23s

The cost of insurance is rising for many trucking companies, but not all trucking companies.In Group Captives fleets experience rate reductions annually when they perform well on claims, receive money back, and on average fleets pay less when t

Collateral inside a Captive

Aug 5th, 2021 2m 41s

Collateral inside of a captive is very important. Let us here at Omni Insurance run a financial analysis to see how much collateral you would put up and then tell you financially over the last 5 years how your net cost for insurance would have

Coverages in a Group Captive

Jul 22nd, 2021 9m 32s

Inside captives, there are many different coverages that can be covered. In the Group Captive market, the core coverages that are usually covered are auto liability, physical damage, workers' compensation, and general liability.The biggest reas

ABC's of Captives: (A)ssessment

Jul 20th, 2021 1m 45s

In this episode of Captive Talks, we are starting our series of the ABC's of Captives.Here, we focus on the letter A and what an (A)ssessment entails within captives.Assessments happen when your claims frequency is more than expected and your f

Bonus

Fixed vs Variable Costs in Captive

Jul 19th, 2021 57s

When you are an elite-run trucking company that has few claims, you pay for the claims of other companies and you don't even realize it in the standard insurance market.Why not join a captive with the ability to get back up to 65% of your premi

Captive Insurance Overview

Jul 15th, 2021 17m 51s

In this first episode of Captive Talks, hosts Kody Fitzjerrells and Joel Hurt talk about Insurance Captives giving an overview and some of the basics of this insurance concept.In the first part of the podcast, Joel talks about the traditional i

Rate