Single-Parent Captive Case Study

Jun 25, 2019

A large apple farm had purchased crop insurance for decades, staying in the traditional marketplace and following standard procedures. While there had been some losses, there was an opportunity to improve the financing of their crop insurance. The broker, in conjunction with Artex, proposed forming a single-parent captive which results in improved risk financing, spreading out the risk of crop loss, and keeping the underwriting profit from the insurance premiums.