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Showing episodes and shows of
Judy Collins & John Denman
Shows
Just Ask Judy
Group Captives with John Denman of Insurance Marketing Agencies, Inc.
It’s frustrating to watch your premiums go up and never get any of that money back. Many companies have looked for alternatives including Self-insurance, Retrospective (Retro), and Group Captive (GC) plans. Each of these allows you to share in the good claim year profits and the bad year costs. These options come with minimum premium and cash flow requirements to be eligible. I spoke with John Denman of Insurance Marketing Agencies, Inc. to learn more. John explained the pros and cons of each: Self-insurance is reserved for large companies that can pay the first few...
2023-02-09
10 min