Overview of Generations Group, LTD. Captive Insurance
Generations Group, LTD. operates a successful heterogeneous captive insurance program with 26 policyholders across several states. With combined sales exceeding $1.5 billion, the program boasts impressive financial performance and a diverse industry representation. Offering coverages in workers' compensation, general liability, and commercial automobile, this captive caters to companies with annual revenues of $25 to $300 million. Members are leaders in their industries focused on long-term risk management and financial stability.
Download Presentation
Please find below an Image/Link to download the presentation.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. Download presentation by click this link. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.
E N D
Presentation Transcript
Generations Captive Overview
Generations Group, LTD. Overview Membership 26 Policyholders based in NC, SC, VA, FL, OH & PA Exposures in 43 States Combined Sales exceeding $1.5 Billion Performance Written Premium $12,448,944 (2010-11) Cumulative Return on Investment 46.5% Cumulative Loss Ratio (8 years) 16 of 26 Members have Loss Ratio less than 25% 22 industries represented (Heterogeneous captive) 39.3% Security KPMG Audited Financial Performance Zurich N.A. is the policy issuing company (A+ Rating) Zurich is the reinsurance company (A+ Rating) Reinsurance $350,000 to $1,000,000 per Claim
2014-2015 Membership ADM Ventures Allen Industries Biscuitville Brame Specialty Caddie Master Carolina Eastern, Inc. Dayton Parts Dunn Automotive Dougherty Equipment Environmental Air Systems Geneva LLC Hafele America IH Caffey James River Equipment Koury Corp Lanford Brothers MB-F Mickey Truck Bodies MSC Mt. Olive Pickle Co. N B Handy PVC Samet Corp Shamrock Environmental United Hospitality Virginia Waste Services
Coverages and Philosophy Coverages Available Workers Compensation General Liability Commercial Automobile Philosophy Take Control of Risk Management Profits Customer Focused not Insurance Market Focused Priority on Risk Profits and Results Not Growth Accountability for Claims and Safety Results Integrity Driven Loss Funding Scott Insurance Participation in Claims Funding Industries Served Manufacturing Retail Restaurant Chains Service High-Tech Wholesalers Real Estate Larger Professional Organizations
Captive Owner Profile Annual Revenues of $25 to $300 Million Workers Comp, Liability and Auto Premiums (or losses) from $250,000 to $1,500,000 Best in Class Members are Leaders in their Lndustry Interested in Long-Term Risk Management Solution Companies that are Financially Sound Interested in and Committed to Managing Risk Willing to Accept Strategic Levels of Risk for Reward
