The Breckpoint® Solution
The construction industry has had a tumultuous history of rising and falling insurance costs for decades.
The Breckpoint® Captive was designed with two purposes in mind:
1
To stabilize premiums long term
2
Give Operators the opportunity to financially
benefit from their safety and loss control practices.
Joining the Breckpoint® Captive opens the door for operators to take control of their insurance spend.
Acrisure's Competitive Advantages
Many construction companies are looking to adopt group captive insurance strategies to regain control over the cost and coverage of risk and turn an expense (premiums) into a protected asset. There are several other advantages of participating in the Breckpoint® Captive:
Underwriting profit returned to members- More predictable / stable premiums
- Improved and streamlined claims management
- Protection from catastrophic risk
-
Improved insurance capacity to counteract the shrinking commercial insurance market
- Reduced administrative costs
- Competitive Commissions
- Simplified submission and renewals
- Clients know the worst case scenario before joining
-
Adjustable retention
Submission Guidelines
Clients who meet the following criteria should consider adding this captive option to your proposals:
Any of the following lines of coverage: WC, AL, GL, APD
Minimum Premium of $250,000 for any or all of the lines above
Good Loss history over the last 5 years
