The Renewable Energy Captive is a member-owned insurance program that allows the members in the Renewable Energy Industry to take control of their Workers’ Compensation, General Liability and Auto Liability insurance.
We partnered with York Alternative Risk Solutions to create an insurance company that provides insurance just to our members. This type of arrangement is called a “Captive” and it allows us to create a program that addresses the specific insurance needs within the renewable energy industry.
RENEWABLE ENERGY CAPTIVE BENEFITS
- Increase profitability. Allows you to recoup a significant percentage of your premium, based on your loss experience
- Lowers your fixed / administrative costs
- A+, XV rated carrier/reinsurer
- Provides enhanced risk management and claims management
- Provides greater control over insurance claims
- Stabilizes the cyclical nature of traditional insurance (hard/soft market)
- Earns investment income on your loss fund dollars