MPG SOLUTIONS > CAPTIVE INSURANCE MARKET
A Captive can be formed to provide Workers’ Compensation risk-mitigation services for a risk or a group of related risks. Monarch Partners Group (MPG) has compelling segregated cell captive Workers’ Compensation insurance programs available to qualified risk groups with $2 million in minimum Workers’ Compensation premium.
In MPG-represented Captives, each cell is separate from all other cells and has its own capital structure and business, meaning it receives the economic effect of only its own risk results. Insurance risk, liabilities, assets and other pertinent information are not shared in most cases.
Captives for workers’ comp insurance can be ideal for large risks interested in having more control, tax savings, flexibility in financing and in benefit structures, and to better serve their valued workforce. The segregated cell program structure provides all-in-one simple yet robust plan design capability. The program package also allows ease of use, auto-enrollment, and administration for the risk.
Candidates for our Captive Workers’ Compensation insurance solution will get the benefit of avoiding the challenges related to insurance market cycles that come with higher premiums and tighter underwriting guidelines in addition to being in a better position to control their own financial insurance destiny.
With more than 30 years of experience and $900 million in payroll in our programs, MPG can find a Workers’ Compensation solution for most any distressed risk in any industry. We do this through our carefully selected, vetted and contracted Standard Markets, Administration Service Organizations (ASO), Professional Employer Organizations (PEO), Employer Of Record (EOR), and Captive program markets. MPG delivers to Agents & Brokers and their clients the right tailored solution. One size does not fit all when it comes to Workers’ Compensation solutions.