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In today’s unpredictable insurance market, many Texas business owners are frustrated by rising premiums, limited coverage options, and a lack of control. Group Captive Insurance is changing that. Designed for mid-to-large businesses with a culture of safety and strong financials, captives give companies a seat at the table — turning insurance from an expense into an investment.
Understanding Group Captive Insurance
What is it?
A Group Captive Insurance program is an alternative risk financing model where like-minded businesses pool their insurance premiums to form their own insurance company. Instead of sending money to a traditional carrier, members share risk, control claims, and potentially earn back underwriting profits.
Key Benefits:
- Cost Control: Stable premiums that reflect your company’s risk, not the general market.
- Ownership: Members are owners, not just policyholders.
- Profit Potential: Underwriting and investment profits are returned to the group, not an outside carrier.
- Safety Rewards: Strong risk management directly lowers long-term costs.
Why Texas Businesses Are Paying Attention
Texas is built on independence, resilience, and growth — values that align perfectly with the captive model. Businesses tired of being penalized by the traditional insurance market are finding that captives offer:
- Predictability: Shielding against market volatility.
- Transparency: Members know exactly how dollars are being used.( Captive Insurance Companies Association)
- Community: Like-minded businesses collaborating for mutual benefit.
Which Industries Benefit Most from Captives?
Captives aren’t for everyone — but they’re a powerful fit for industries with high insurance spend, strong safety culture, and predictable losses. In Texas, this often includes:
- Construction & Contracting – battling high workers’ comp and liability costs.(Associated General Contractors of America).
- Transportation & Trucking – fleets facing rising auto liability premiums.
- Manufacturing – product liability and employee safety exposures.
- Healthcare & Human Services – managing tight margins with rising liability.
- Agriculture & Food Production – stabilizing coverage in volatile markets.
- Field Services (Pest Control, Landscaping, etc.) – managing auto and liability risk.
- Energy & Oilfield Services – high-risk industries seeking long-term stability.
Is a Group Captive Right for Your Business?
Captives generally require:
- Annual premiums of $150,000+ across lines.
- A commitment to safety and risk management.
- Stable financials and a long-term growth mindset.
If that sounds like your business, it may be time to explore the captive solution.
The Bottom Line
Group Captive Insurance is more than a trend — it’s a strategic move for Texas companies that want control, ownership, and stability in their risk management. Instead of being at the mercy of the market, you can own the solution.
Ready to Take Control of Your Insurance?
At EIS Texas, we specialize in helping Texas businesses explore the benefits of Group Captive Insurance. Whether you’re a contractor, fleet operator, or care facility, we’ll guide you through the process and determine if a captive is the right fit.
Schedule Your Captive Consultation Today
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- How Texas Contractors Use Group Captive Insurance to Rein in Rising Premiums
- What is Group Captive Insurance — and Why Texas Businesses Are Joining the Movement.
- How Much Does Contractor Insurance Cost in Texas / North Texas?