It pays to take notice when over half of the Fortune 500 companies have started their own insurance
companies – some own more than one. Smart people follow the money!
Sometimes these are called ‘captive’ insurers, or ‘insurance alternatives’. The name doesn’t matter
as much as what they accomplish:
- Gives you control over your claims. A major point as the standard insurance industry has
a reputation of “throwing money” at claims.
- Captures the investment income for you, not a third party insurer.
- Reduce operating costs. The insurance industry is notoriously inefficient!
- Allows you to purchase high limit ‘reinsurance' wholesale.
Volumes have been written on this phenomenon but these four bullet points condense the essence
of why Fortune 500 companies have lead the way in reducing their insurance costs, in many cases
up to 50% or more!.
Please keep in mind that large successful companies rarely make emotional decisions. They are driven
by what they call “hurdle rates” meaning that any allocation of corporate resources must pencil
out to provide a rate of return greater than what other options might produce.
So, all in all, by starting an insurance alternative you are joining some very savvy companies.
This may take the form of a Risk Retention Group or a Risk Purchasing Group, or other forms of a
Now perhaps you can understand why over 4,600 other organizations have chosen to emulate the Fortune
500 that have broken free and converted their large uncontrollable insurance expense into a very
secure and substantial profit center.
Learn What They Know By Requesting A Special Polaris Report:
“The Seven Secrets That The Insurance Industry Never Wanted You To Know”
Whether you are a large single insurance buyer, represent an industry group, or an insurance program
agent/manager Polaris has a better solution for your hard-to-place insurance.
When you consider the fact that industry experts project up to 53% of the U.S. liability insurance
market has already joined some form of an alternative program that suggests you, who have
not, are subsidizing this shortfall to the insurance industry.
Don't think for a minute that there are fewer insurers than before 53% of the liability insurance
volume left! So, you as part of the remaining 47% are paying 100% of their bloated overhead.
Learn How Smart People
From These Industries ‘Opted Out’ Leaving You Stuck Year After Year With Overpriced Capricious Insurers.
Accountants, Ambulances, Auto Dealers, Aviation, Bars, Carnivals, Campgrounds, Colleges, Contractors,
Distributors, Fireworks, Guards, Hazard Waste, Healthcare, Hotels, Hospitals, Law Firms, Long Haul
Trucking, Machine Shops – Tool & Die, Manufacturing, Medical Clinics, Motels, Municipalities, Nightclubs,
Para-transit, Physicians, Realtors, Resorts, Restaurants, Retailers, Schools, Service Providers,
Sports, Taverns, Taxis, Tow Trucks, and Warranty Companies
Now You Have A Choice Whether to
“Rent or Own” Your Insurance Alternative
Polaris has identified 308 insurers who have broken ranks with the majority (over 3,400 )
insurers who are hell bent to hold you captive and these select few are willing to offer you customized
pricing and terms in cost effective insurance alternative solutions.
Let us assist you in determining whether you are better off “renting” from the general insurance
marketplace or if you would be better served by creating you own insurance risk bearing insurance
company. Either way you will win! Now you do have choices.
What Kind of Insurance Works Best?
Most successful insurance alternatives are based off of a form of liability insurance. This could
be products liability, completed operations, contractual liability, worker's compensation, vehicular
liability, employment practices and all forms of professional liability for medicine, law and accounting.
That's not to say that other forms could not be successful but these are the most popular.
You No Longer Have To Be Bullied Around
Why not join the 4,600 organizations that have successfully cut their insurance cost up to 50% or
more. Stop being bullied around and let Polaris put our decades of experience to work for
you in creating a permanent long term solution for your insurance problems. Just think what you
could do with your savings to enhance your business from the excess dollars you are slavishly sending
to the insurance industry.
Where Does The 50% Savings Come From?
While this is a complex subject, the bottom-line is pretty simple. The typical insurance company
needs 27% or more of your premium dollar to pay their overhead. A well run captive operates for
less than half that amount.
Insurers typically do not share their investment income with you. Warren Buffett has figured this
out and makes billions off of the float from his insurance operations. But for our calculations,
let's assume you will hold onto claims dollars meant for future payment of claims for three years
at four percent interest. That will add a few of points of return per year.
The largest difference is in the reduction of claims. Most insurance companies run at a 65% or higher
loss ratio. A well run captive will be half that number. To summarize:
Reduced operating expenses
You Also Get to Buy Wholesale!
No insurance company holds 100% of their risks net to their accounts. They keep that portion that
they are comfortable with and sell the remainder to reinsures. Typically, they sell it off for 30
to 40 cents on the dollar. Now you too can buy “wholesale”! These savings are on top of the
operational savings outlined above. Now perhaps you have a clearer idea of why so many of
the Fortune 500 own their own insurance companies.
How to Overcome Your Insurance Problems
You do not have to be an insurance expert to gain the benefits of an insurance alternative for your
purposes. Let Polaris put their decades of experience to work for you. We are not insurance agents,
brokers, or consultants, but rather facilitators who get paid for results.
We will design a program exclusively for you that provides the greatest range of benefits and ensures
that you will control your own insurance destiny.
You don’t have to start from scratch – you can license our success and we’ll provide your own exclusive
We’ve build a worldwide base of associates who will help open each door to you that until now have
been the exclusive club for those holding you captive.
Our model will save you months, to a year or more, in time and countless dollars by eliminating
unnecessary steps, studies and expenses. The Polaris team will use our expertise to get you quick
relief from your insurance problems.
Here’s What Some of Our Clients Have to Say About Polaris
"The Polaris team handled our nearly impossible marketing needs with great expertise and guided
us through each step of the way. Our captive insurance company was set up on time and on budget.
If you have a difficult assignment call Polaris." John N. Mason,
President Chenango Brokers, NY"
"Our company supplies physicians who specialize in Geriatric care, typically in the patients’
We found that most insurance companies were classifying us for our professional liability coverage
the same as physicians who are rendering care in nursing homes – a huge difference in exposure and
In desperation, we turned to Polaris to help us establish a Risk Retention Group to help reduce
costs and to stabilize the availability of insurance.
I am delighted to tell you that Polaris provided all of the ingredients necessary to turn our dream
into reality. You can trust Polaris to be there for you every step of the way."
A. H. Ajiri, President
Advanced Physicians Insurance RRG
We have prepared a Special Report revealing the Seven Secrets that the insurance industry
never wanted you to know. It is yours for registering below. Once you have reviewed it, if
you feel you are ready to take the next step to breaking the expensive and insidious bondage to
the insurance industry please feel free to give us a call. No obligation – all in complete confidence.
Would This Be of Interest to You?
Yes, I want your free report that will show me how to break the insidious cycle that holds me in
bondage to the insurance industry!