Captives are a Safe Harbor

Members Benefit from Greater Stability, Control and Access


Membership Benefits

• Complete transparency with all aspects of the captive
• Greater long-term control over their insurance destiny
• Premium stabilization through enhanced loss control efforts
• Owners have direct access to the claims management process
• Heightened opportunities for dividend distribution and investment income potential
• Networking with other owners that share a compatible business philosophy

Membership Criteria

• Management Commitment to Safety and Claims Management
• Financially Strong Company
• Loss Experience Better than Average for Industry Group
• Business Philosophy Compatible with other NorthStar Members
• Minimum Annual Casualty Premium of $100,000

Additional Member Benefits


Create A War Chest For The Business
Like any insurance company, captives have investments to fund the reserves.

Retain Key Employees
Occasionally, business owners will award a key employee or two by giving them equity in the captive as part of an overall strategy to retain those employees for the benefit of the business.

Administer Claims On Your Own Terms
Captive insurance membership allows business owners to participate in the administration of their own claims - on their own terms, getting on top of claims quickly, and allowing members to be proactive.

Choose Your Own Counsel

Since the business owners control the captive, they can select the counsel of their choice to handle particular claims.