INSURANCE FOR
BUSINESS STRATEGIES FOR
What Captive Insurance Protects
Traditional insurance doesn’t always give businesses the control, flexibility, or financial efficiency they need. Captive Insurance Programs allow qualifying businesses to create their own insurance company—providing:
✓ Greater control over coverage
✓ Lower long-term insurance costs
✓ Improved cash flow
✓ Protection from hardening insurance markets
✓ Enhanced risk management
✓ Potential tax advantages
✓ Customized coverage for unique risks
A captive allows your business to insure itself in a regulated structure, build reserves, reduce reliance on commercial carriers, and turn risk management into a financial asset.
Captive Insurance Programs typically cover:
Customizable Business Risks
Coverage tailored to the specific exposures of your business—far beyond what standard policies offer.
High-Deductible or Hard-to-Insure Risks
Protection for risks that are expensive or difficult to place in the traditional marketplace.
Operational Risks
Including business interruption, warranty programs, supply chain risks, and specialized liabilities.
Enterprise Risk Management
Captives give businesses structured control of risk, long-term reserves, and more predictable financial outcomes.
Employee Benefit Captives
Funding layers of benefits programs through a captive for cost stability and improved plan design.
Note: Captives are not for every business—they require strong financials, consistent profitability, and meaningful risk exposure. We help determine qualification and suitability.
Why Captive Insurance Isn’t Optional for Many Growing Companies
For mid-sized and larger businesses, traditional insurance can create:
Rising premiums year after year
Limited control over claims and underwriting
Coverage exclusions that leave gaps
Cash flow unpredictability
Loss of premium dollars with no return
Captive solutions offer:
Long-term cost stability
Ability to retain underwriting profit
Control of claims handling
Custom coverage tailored to unique risks
Financial advantages through reserve accumulation
Alignment between business strategy and risk strategy
As your business grows, a captive becomes a strategic tool—not just an insurance option.
How We Match You With the Right Policy
Every carrier evaluates risk differently. We guide you through:
Industry classification
Employee exposure
Risk factors
Operations and service areas
Contract requirements
Loss history
Coverage limits and endorsements
Then we shop multiple top-rated carriers to compare pricing and coverage options.
As CEPA-informed advisors, we also ensure your liability structure supports your broader business goals, cash flow, and long-term value.
Why Businesses Trust Wasatch Preferred
Fast Certificates
COIs delivered quickly so you never miss a job or delay operations.
Competitive Carrier Access
We represent top carriers across Utah, giving you more choice and stronger options.
Clear Guidance
We simplify the process so you understand your policy—and your protection.
Strategic Insight
Insurance isn’t just a requirement—it’s a financial safeguard. We help ensure your coverage aligns with your business performance and future goals.
Get a General Liability Quote
Whether you’ve had coverage for years or are getting your first policy, we make the
process simple and fast.
Insurance products are offered through Wasatch Preferred.
Coverage availability and eligibility vary by carrier and state.
CEPA advisory services are provided in a non-fiduciary,
non-investment advisory capacity and do not include legal,
tax, or investment advice.
Insurance services are provided by properly licensed agents.
License information is available upon request and varies by state.
Insurance products are offered through Wasatch Preferred.
Coverage availability and eligibility vary by carrier and state.
CEPA advisory services are provided in a non-fiduciary,
non-investment advisory capacity and do not include legal,
tax, or investment advice.
Insurance services are provided by properly licensed agents.