Guy Hurley to offer mid-size business captive product
Guy Hurley is now offering a captive insurance product that will allow mid-size businesses the chance to earn back up to 55 percent of their insurance premiums.
The new product applies to mid-size businesses paying $150,000 to $300,000 in general liability, automobile and workers’ compensation insurance.
Companies must also have a strong credit and financial profile, commit to safety and loss control and have a low claims frequency over the last five years.
A spokesperson for Guy Hurley stated that more than 90 percent of Fortune companies own a piece of a captive insurance company, and said captives also give companies more control over the claim and loss control processes.
