​​​​What is group captive insurance?

A group captive insurance program enables financially stable and risk-conscious companies to take long-term control over their insurance costs. These organizations align with like-minded companies to form a group captive insurance company that selects the most appropriate workers compensation, general liability and auto liability insurance for their businesses, along with key service providers.

Group captive members pay premiums based on their individual loss experience, not insurance industry experience. Additionally, any unused loss funds and investment income is returned to members as a dividend.

Who might a group captive solution work for?

Any business that is financially stable and has strong safety, risk and claims management practices may benefit from a group captive program that provides workers compensation, general liability and auto insurance.

A wide variety of industries can benefit from this type of insurance program including:

  • Construction
  • Manufacturing
  • Wholesale Retail
  • Trucking
  • Healthcare

Group Captive Insurance – Myth vs. Reality

M&T Insurance Agency, Inc. has more than 20 years of experience working with clients to provide group captive solutions. Read our article to learn more about the common group captive myths, how they operate in the real world and their advantages.

Download the article >

Put our experience to work for you.

There are many solutions available to you, such as traditional and group captive insurance. It’s important for a company to fully understand the implications of each. A group captive may not be suitable for your company’s current situation. Talk to our team today and request a review of your current commercial insurance program to determine if a group captive solution might be right for you.


This article is for informational purposes only and is not intended as an offer or solicitation for the sale of any financial product or service. It is not designed or intended to provide financial, tax, legal, investment, accounting, or other professional advice since such advice always requires consideration of individual circumstances. If professional advice is needed, the services of a professional advisor should be sought.

MTIA is a wholly owned subsidiary of M&T Bank.

Insurance products are offered by M&T Insurance Agency, Inc., not by M&T Bank. MTIA is a wholly owned subsidiary of M&T Bank.

Insurance Products offered are: Not FDIC insured; not a deposit in, obligation of, nor insured by any federal government agency; not guaranteed or underwritten by the bank; not a condition to the provisions or terms of any banking service or activity.


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