Agri-Business
Captive Insurance Program Benefits
Agri-Business Members
A captive insurance company is an insurance company owned by its insured members. And just like co-ops, the insured member/owners retain the profits and investment income generated from current insurance premiums.
Getting in isn’t easy
Similar to how agriculture co-ops minimize the financial risks of members, our captive insurance program is designed the same way. It requires an excellent loss history to get in. In other words, a history of limited claims and active risk management.
RJF can help
That’s where RJF Agencies comes in. Our teams are dedicated to helping agriculture-based businesses reduce claims to the point where they can be admitted into the high-performance captive insurance program created and administered by RJF Agencies.
Staying in is easier with RJF on your side
In addition, RJF Agencies actively consults with members to help them manage risks and operate safely so they can remain in the program. With everyone in the program at low claims risk, that means more profits for the members. And that benefits everyone.
These services are designed specifically to help Agriculture co-ops minimize their risks:
- Captive insurance program created exclusively for agri-business operations
- Dedicated loss control specialist who works only with agri-business companies
- Customized safety programs that exceed industry standards in areas like propane safety, grain elevator safety and others
- Regular risk management seminars specifically for captive members
- Newsletters and other risk management communications for program members
- Quarterly exposure analysis meetings with each member
Enjoy the benefits of a captive insurance program. Start right now with our Quick Response form or call (763) 746-8000 or (800) 444-3033.
