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Commercial contractors captives

industrial equipment loader

This captive program is designed for commercial trade contractors who desire to take risk, are financially sound and have a good loss history. Coverage is available for a variety of contractor types including street and road, site construction, mechanical, electrical, general contractors (preferably >25% self-perform), water treatment, landscaping, etc.  Combined premiums of $250,000+ for Workers’ Compensation, General Liability and Auto Liability and Auto Physical Damage required.


  • Commercial trade contractors
  • Street and road
  • Site construction
  • Mechanical
  • Electrical
  • General contractor (preferably greater than 25% self-perform)
  • Water treatment
  • Landscaping

Account characteristics:

  • Combined premiums of $250,000+ for Workers' Compensation, General Liability, and Auto Liability/Auto Physical Damage
  • Strong commitment to safety and loss control (designated safety director preferable)
  • Desire to take risk
  • Financially sound
  • Good loss history

Ineligible risks:

  • Contractors that do not perform at least 25% of the work themselves
  • Residential risks
  • Demolition contractors
  • Scaffolding
  • Remediation work
  • Power line construction
  • Swimming pool
  • Airport runways
  • Elevator / escalator
  • USLH / maritime greater than 10%
  • Waterproofing
  • Pile driving
  • Fire suppression / Fire proofing
  • Quarries
  • Roofing
  • Steel erection
  • Boiler installation
  • Bridge construction (limited appetite)


  • Nationwide with some limitations in states such as CA, FL and NY

Submission requirements:

  • Insureds must pass loss control assessments
  • Currently valued loss runs for past 5 years and current year
  • Exposures for past 5 years (Workers' Compensation: Payroll General Liability: Field Payroll Auto Liability/Physical Damage: vehicle count)
  • Financials - 2 year current financial statements
  • Completed submission form, available upon request for contact
  • Contractors questionnaire

Coverages offered:

  • Workers' Compensation
  • General Liability
  • Auto Liability
  • Auto Physical Damage

Coverage limits: 

  • Workers' Compensation - statutory
  • General Liability - $1 Million
  • Auto Liability/Auto Physical Damage - $1 Million

Additional coverage options:

  • 30% historic loss ratio
  • Historical average net cost of insurance is over 30% less than pay-in premium
  • Premiums based on insured's own experience
  • Captive program, domiciled in the Cayman Islands