Power Producers Podcast

Unlocking the Power of Group Captives with Jason Duby


Listen Later

In this Power Producers Podcast episode, David Carothers is

joined by Jason
Duby, Captive Manager at Garnet
Captive, to dive deep into the concept of captives and how they can provide
valuable opportunities for businesses, particularly as the market continues to
harden. Jason breaks down the intricacies of captive insurance, explaining how
they work, who benefits, and what sets Garnet
Captive apart from other options in the industry.

David

and Jason explore the different types of captives, the benefits of
participating in one, and the financial implications for businesses that choose
this route. The conversation also touches on the importance of risk management
and the steps businesses need to take to set up and benefit from a captive
insurance program.

Key Highlights:

What Is a Captive?

Jason
explains how businesses can form their own insurance group to manage risk,
reduce costs, and potentially recoup unused premiums—highlighting the
efficiency of group captives.

Types of Captives

They break down single-parent, group, homogeneous, and protected cell captives,
explaining their structures and benefits for different business types.

The Garnet Captive Edge

Jason outlines Garnet’s faster
distributions, lower upfront costs, and risk management support that help
businesses see quicker returns.

Financial Commitment

They discuss the cost of joining a captive, including collateral and
underwriting requirements for businesses with strong risk profiles.

Risk Management & Claims

Captives allow businesses to customize claims handling and implement tailored
risk management strategies.

Tips for Producers

David and Jason
advise producers on spotting good captive candidates and warning signs like
poor loss history or price-focused buyers.

Connect with:

     

    Visit Websites:

       

      ...more
      View all episodesView all episodes
      Download on the App Store

      Power Producers PodcastBy David Carothers

      • 4.9
      • 4.9
      • 4.9
      • 4.9
      • 4.9

      4.9

      116 ratings


      More shows like Power Producers Podcast

      View all
      Agency Nation Radio by Agency Nation - Insurance Marketing and Technology Strategists

      Agency Nation Radio

      48 Listeners

      REAL AF with Andy Frisella by Andy Frisella #100to0

      REAL AF with Andy Frisella

      32,530 Listeners

      Agency Intelligence: The Insurance Podcast Network by Agency Intelligence

      Agency Intelligence: The Insurance Podcast Network

      50 Listeners

      The Insurance Guys Podcast by Scott Howell & Bradley Flowers

      The Insurance Guys Podcast

      200 Listeners

      The Ridiculously Amazing Insurance Podcast by Agency Performance Partners

      The Ridiculously Amazing Insurance Podcast

      18 Listeners

      Unstoppable Profit Podcast Hosted by Mike Stromsoe by Mike Stromsoe

      Unstoppable Profit Podcast Hosted by Mike Stromsoe

      12 Listeners

      Vertafore Insurance Podcast by Vertafore

      Vertafore Insurance Podcast

      35 Listeners

      Insurance Town by Heath Shearon

      Insurance Town

      51 Listeners

      Getting Past the Premium by Elliot Bassett & Ryan Brott

      Getting Past the Premium

      16 Listeners

      Millionaire Insurance Producer by Charles Specht

      Millionaire Insurance Producer

      38 Listeners

      Insurance Producers Podcast by Cyrus Jaffery

      Insurance Producers Podcast

      4 Listeners

      The Scratch Agency Podcast by The Scratch Agency Podcast

      The Scratch Agency Podcast

      22 Listeners

      The Max Revenue Show by Max Revenue

      The Max Revenue Show

      14 Listeners

      Insurance Refocused by Lindsay & Carey Wallace

      Insurance Refocused

      46 Listeners

      Rise and Bind by Advisor Evolved

      Rise and Bind

      0 Listeners