|
The New Way to Manage Preferred Risk
AHIA provides direct access to an innovative form of insurance – Captive Programs.
What is a Captive?
Captive programs are an innovative way to cover individual risks by pooling insureds that operate similar large fleets. These programs differ from traditional insurance in that Captives involve self retention of risks and invest some premiums paid, which can return interest to insureds. Losses of the group are shared, lessening the impact for everyone.
Benefits of a Captive for Preferred Risks:
- Reduced costs over traditional insurance
- Control over cyclical market behavior
- Improved claims management and loss prevention
- Return of invested premiums and unused loss funds
- Premiums based on individual loss experience
|
Public Transportation Captives
Destination
A public captive for fleets comprised of:
- 10+ units
- $75k minimum premium
- Insureds take on a risk retention up to $50,000
Calypso
A public captive for fleets comprised of:
- 20+ units
- $100k+ minimum premium
- Insureds take on a risk retention up to $150,000
|
|
Truck Transportation Captives
Venture
A truck captive for fleets comprised of:
- 40-100 units
- $200k minimum premium
- Insureds take on a risk retention up to $50,000
Voyager
A truck captive for fleets comprised of:
- 80-300 units
- $600k minimum premium
- Insureds take on a risk retention up to $100,000
Velocity
A truck captive for fleets comprised of:
- 250+ units
- $1.5M minimum premium
- Insureds take on a risk retention up to $250,000
|
|
Let the experts of American Highways help you find safety and savings!
Contact us at (800) 935-2442
|