"Capsure"©
"Capsure" is a hybrid between traditional insurance and "captive" insurance which provides savings for some fleets; but, more importantly, greater long term control over insurance costs. "Capsure" provides 80% of the benefits of a captive without all of the expensive administrative costs!
How Capsure offers Canadian fleets more - dollar for dollar
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Insurance
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Captive |
Capsure |
| Greater control over pricing |
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| Value-added insurance company services, where available |
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| No large offshore management fees |
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| Individual participation (no need to be part of group) |
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| Reduced frictional costs from "trading of dollars" |
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| Significant return premium where losses are low |
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| No high fixed costs - local, secretaries, director, licenses, auditor, legal etc.
Time-tested, traditional approach. |
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