Toll Free: 855-976-2026        SUPPORT

 

Author: Breanna Schmidt

Public entities, such as state agencies, municipalities and school districts, share a common bond in that their revenue comes from public funds or taxpayer dollars. In order to effectively manage risk with public funds, many public entities are forming public entity risk pools with immense success. For public entities considering joining or forming a risk pool, below are eight facts that may help to answer...

Read More

In an ever-changing economic environment, businesses are looking for new and innovative ways to effectively manage capital and assets. Some companies are seeking alternatives to traditional insurance coverages through the use of a captive insurance company.   What is Captive Insurance? Basically, a captive insurer is an insurance company that is completely controlled and owned by its insured. However simplistic as this may sound, the scope and administration...

Read More

Public entities, such as government agencies and municipalities, have unique needs when it comes to insurance and risk management. Because their sources of revenue are public funds, i.e. taxpayer dollars, they are held to a higher level of stewardship than businesses in the private sector. In order to help mitigate risk while preserving revenue, some public entities are joining risk-sharing pools. While there are advantages to...

Read More

The cryptocurrency world is in tumult, but there has been serious discussion within the financial and security sectors regarding the technology that powers the volatile currency. While no one is suggesting that you invest in crypto, a deeper look at the code that powers it can transform captive insurance technology.   Blockchain Basics Cryptocurrency was able to reach mainstream appeal based on blockchain, also known as open digital...

Read More

Smaller insurance companies are migrating to the cloud using SaaS (Software as a Service) technology at an increasingly faster pace than ever before. Whether used for sales, administration or insurance underwriting software, these systems have helped to streamline insurance company software applications into a platform that supports all business functions with less hassle and greater affordability. These systems have helped to level the playing field...

Read More