CMR Risk & Insurance Services’ Captive Practice Group helps high-performing businesses take greater control of their insurance costs through structured group captive programs.
For companies with strong leadership, disciplined safety programs, and stable loss history, captives can transform insurance from a recurring expense into a long-term financial strategy.
Most commercial insurance programs are priced around market cycles—not your performance.
Even well-run companies experience:
In a traditional model, your results don’t fully determine your outcome.
Captives change that equation.
A group captive is a member-owned insurance company formed by financially strong businesses with similar risk profiles.
Instead of transferring 100% of risk to a commercial carrier, members retain a defined layer of risk and share in the performance of the group.
This structure allows companies to:
Captives are not a short-term premium play. They are a long-term risk financing strategy designed for companies that think beyond next year’s renewal.
CMR typically works with companies that:
Industries often include:
Captives are not designed for distressed risks or companies seeking a quick premium reduction. They are built for disciplined operators who want stability and control.
Clarity before commitment.
1. Feasibility First
Every engagement begins with a comprehensive feasibility analysis, including:
Our objective is simple: determine whether a captive structure makes financial and operational sense before any decision is made.
2. Access to Best-in-Class Programs
CMR works with established and respected captive managers. We partner with several group captive managers, that each run multiple group captives.
We help clients evaluate which structure aligns best with their industry, risk profile, and long-term goals.
We are not tied to a single solution. Our role is advisory—ensuring the right fit.
3. Ongoing Performance Management
Captive participation is not a placement—it is a partnership.
We continue to support members through:
Our goal is to help members maximize performance, not simply maintain participation.
Over time, captives reward discipline.
What happens in a bad loss year?
Captives are structured with layers of protection, including reinsurance and defined risk corridors. One adverse year does not destabilize the program.
How much capital is required?
Capital requirements vary by program and loss profile and are evaluated during the feasibility study.
How long is the commitment?
Captives are designed as long-term strategies, typically requiring a multi-year commitment.
Is this more complex than traditional insurance?
The structure is more sophisticated—but experienced captive managers handle administration and regulatory oversight. Your focus remains on operations and performance.
The only responsible way to answer that question is through data.
CMR begins every captive engagement with a confidential feasibility review. There is no obligation—only analysis and clarity.
If a captive structure aligns with your financial and operational goals, we will guide you through next steps. If it does not, you will leave with a deeper understanding of your risk profile and options.