The Problem
As the global insurance market continues to harden, organizations are increasingly facing multiple challenges:
Limited Coverages
Coverage options for new policies are more limited, and insurers are reducing or eliminating certain coverages on renewal.
Denied Claims
Insurers are increasingly denying claims. Business interruption claims due to COVID-19 are an example.
Solution
The Solution
An online insurance marketplace where groups and associations can easily and cost effectively setup their own captive insurance company to provide customized coverages to their members while participating in the profitability of the underlying insurance program.
Broader Coverage
A captive may be able to provide coverages where the conventional market is unwilling or unable to for certain risks.
Lower Premiums
With a good loss ratio, the captive has the potential to reduce or at least stabilize the price of coverage.
Customized Coverages
A captive has complete freedom to insure any risk it chooses and to customize the terms and conditions of its policies.
Improved Claims Handling
A captive is also able to establish its own claims handling policies and procedures.
About
Find Out More About Us

Captive8 was created out of the need to reduce the cost and complexity of captive insurance for small to medium sized organizations.
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Who We Are
We specialize in the setup of captive insurance companies for associations and groups. "Association" or "group" captives are insurance companies that are owned and managed by multiple non-related organizations. Among other things, they offer the opportunity for members of a group or association to participate in the profitability of their own insurance program.
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Vision
To give small and medium sized businesses the opportunity to participate in the profitability of their own insurance programs while simultaneously having more control over claims and underwriting.






Products
First Products
The first products on Captive8 include a portfolio of coverages.
- All
- Prize Indemnity
- Property
- Credit
- Weather
F.A.Q
Frequently Asked Questions
These FAQs address some of the most common questions about our platform.
- What is a captive?
A Captive insurance company (“Captive”) is a specialized private insurer that is usually setup to provide coverage for a specific risk. Captives accept premiums that would normally have been paid to a regular insurer. If the claims paid are less than the premium collected, the captive makes a profit, just as a regular insurance company would. The difference is that the Captive owner benefits, not the regular insurer.
- Are captives used by many organizations?
Captives make up 2% to 3% of the commercial insurance market and have been growing steadily in popularity since the 1960’s when the first captives were being formed in Bermuda. Today, Captives are a fixture among Fortune 1000 companies. Many smaller companies and even groups of individuals also use Captives. Competition has driven down captive formation and operational costs to the point where Captives have become a realistic option for even relatively small organizations.
- What are group and association captives?
Association Captives are setup to insure the risks of its members. An example of such an association could be a condominium homeowners association, whose members are the Stratas. Group Captives are like Association Captives and are made up of a collection of like-minded organizations that band together to form an insurance facility that retains some risk but spreads the risk of unanticipated losses among each other, thereby diminishing the impact of a bad loss year for one or more of its members.
- I'm a small business owner, can I setup a captive on your platform?
Individual businesses can't setup their own captive on our plaform, but the groups or associations that represent them can.
- Why should my company join a group or association captive?
The insurance marketplace commonly goes through its “hard” and “soft” cycles where premium fluctuations have little relation to individual loss experience. These swings can be avoided by joining with other like-minded, successful companies to create your own group or association captive insurance company, making your costs more predictable and stable. In this way, you can lower your costs and earn investment income — both benefits you won’t receive from a traditional insurance company.
- I'm an industry association, how do I get started?
Simply contact us and we'll go through the process of setting up a captive on our platform to provide insurance coverage to your members.
Recent News
Captive News
Stay up-to-date with the latest developments and insights in captive insurance.
Connecticut lawmakers to consider captive changes
Publication Date: 2025-01-24 6:32:38 PM Connecticut lawmakers to consider captive changes : Please provide the text of the article you wish to have rewritten, and I'll be happy to assist you in reducing the token count while preserving the core detai...
Published on: Jan 24, 2025
Connecticut lawmakers to consider captive changes
Publication Date: 2025-01-24 6:32:38 PM Connecticut lawmakers to consider captive changes: The Connecticut House Insurance and Real Estate Committee will conduct a public hearing on a bill proposing greater flexibility for businesses to convert capti...
Published on: Jan 24, 2025
LA wildfires threaten European reinsurers’ budgets
Publication Date: 2025-01-24 4:07:02 PM LA wildfires threaten European reinsurers’ budgets: Fitch Ratings Inc. has issued a warning regarding the Los Angeles wildfires, which have the potential to consume over 30% of the catastrophe budgets of Europe...
Published on: Jan 24, 2025
Specialist Risk Group expands into Europe with new partnership
Publication Date: 2025-01-24 4:06:32 PM Specialist Risk Group expands into Europe with new partnership: Specialist Risk Group Ltd., a U.K.-based insurance broker, is set to expand into mainland Europe through a partnership with Germany-based Ecclesia...
Published on: Jan 24, 2025
Tennessee workers’ compensation rates decline for 12th consecutive year
Publication Date: 2025-01-24 3:12:33 PM Tennessee workers’ compensation rates decline for 12th consecutive year: Tennessee's workers’ compensation insurance premiums will decrease for the 12th year in a row in 2025, benefiting most businesses startin...
Published on: Jan 24, 2025
Relm Addresses Growing Risk of Crypto Exchange Bankruptcy
Publication Date: 2025-01-24 3:05:19 PM Relm Addresses Growing Risk of Crypto Exchange Bankruptcy : Please provide the article text you would like revised.
Published on: Jan 24, 2025
Relm Addresses Growing Risk of Crypto Exchange Bankruptcy with Innovative FALTAWEB3 Product Launch
Publication Date: 2025-01-24 3:05:19 PM Relm Addresses Growing Risk of Crypto Exchange Bankruptcy with Innovative FALTAWEB3 Product Launch: Relm Insurance, a Bermuda-based specialty insurer, has launched FALTAWEB3, a pioneering risk transfer solution...
Published on: Jan 24, 2025
WTW unveils new investment management insurance offering in US
Publication Date: 2025-01-24 12:13:55 PM WTW unveils new investment management insurance offering in US: Willis, a part of WTW, has launched the Investment Management Insurance (IMI) Plus for US clients. Originally introduced in July 2024 for the UK...
Published on: Jan 24, 2025
Hong Kong Wraps Up Valuable Participation at WEF Annual Meeting
Publication Date: 2025-01-24 11:21:36 AM Hong Kong Wraps Up Valuable Participation at WEF Annual Meeting: The Financial Secretary of Hong Kong SAR, Paul Chan, concluded his participation in the World Economic Forum (WEF) Annual Meeting in Davos, Swit...
Published on: Jan 24, 2025
Team
Our Team
Our team consists of leaders in insurance, technology and investment.