COR2424. Protecting Your Bottom Line: Captive Insurance Strategies for Construction and Real Estate Professionals

In this session, we’ll explore how captive insurance can be a game-changer for businesses in the construction and real estate sectors. This session begins with a discussion of the challenges these industries face, including rising insurance premiums, limited coverage options, and the risks associated with traditional insurance models.  Next, participants will learn how captive insurance can provide a tailored, cost-effective solution by offering greater control over risk management, stabilizing insurance costs, and enhancing cash flow. Additionally, specific strategies for implementing captive insurance, including the types of risks that can be covered, the tax advantages, and real-world examples of successful captive insurance programs in construction and real estate will be discussed. Finally, the session will address common concerns and provide actionable steps for construction and real estate professionals looking to protect their bottom line through captive insurance.

Learning Objectives:

• Analyze the current challenges with the insurance market.
• Distinguish how a captive insurance company can provide a cost-effective solution by offering greater control over risk management.