March 2015

As more and more U.S. domiciles open their doors to captive insurance companies, the industry continues to grow.  Competition among domiciles has driven down the cost for small and mid-size business owners to own their own insurance company.  As such, it is not surprising that more and more small and mid-size business owners are choosing to experience the benefits of improved risk management and a vastly improved financial strategy.   

Have you reviewed your insurance policies lately?  I recently read through the commercial policies we have for our firm.  If you do the same, you will likely encounter many phrases similar to the ones below.

Do these sound familiar?

This insurance excludes loss, damage, cost or expense of whatsoever nature directly or indirectly caused by…