Captive Resources
Captive Resources is a privately held insurance consulting firm that advises more than 53 member-owned group captives comprising over 7,700 U.S. middle-market member companies, helping them control commercial and healthcare insurance costs through proprietary risk-reward funding models and risk control services.
- Company typePrivate
- Founded1986
- HeadquartersItasca, United States
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Captive Resources does
Captive Resources, LLC is a privately held captive insurance consulting firm founded in 1986 and headquartered in Itasca, Illinois. The company advises more than 53 member-owned group captives comprising over 7,700 member companies across the United States, representing approximately $5.8 billion in gross written premium. Its core service is consulting to group captive insurance programs, in which commercial insureds collectively own and govern their insurance company rather than buying coverage from third-party carriers, with premiums set by each member's individual loss experience rather than state rates or industry averages.
The company's underlying intellectual property is a proprietary risk-reward loss funding formula developed in the 1980s — structured around an A Loss Fund (frequency layer) and a B Loss Fund (severity layer) — combined with a Risk Control Assessment methodology and a Loss Prevention Network of more than 400 independent professionals. Service offerings span P&C Group Captives (workers' compensation, general liability, commercial auto, property), Healthcare Group Captives (Medical Stop Loss), Risk Control Services, Health Risk Management cost-containment solutions, Captive Management (via affiliated Kensington Management Group), Premium Financing, and Cayman Islands Domicile services. Educational and thought-leadership content includes the "Captivating Health Insights" podcast and a Group Captives 101 educational series.
The business model is consulting- and service-fee based, delivered primarily through an insurance broker and agent distribution channel supplemented by direct enterprise outreach. Target customers are middle-market companies with annual casualty premiums typically between $1 million and $5 million (minimum $100,000, maximum roughly $25 million) that are entrepreneurial, safety-conscious, and seek greater control over insurance costs. The firm maintains a 98% year-over-year member retention rate and reports that 72% of new members achieve savings versus prior conventional insurance. In February 2026 the company restructured its executive leadership to support continued growth, naming a new President and adding two members to its Executive Committee.
Captive Resources firmographics
Firmographics- Name
- Captive Resources
- Legal name
- Captive Resources, LLC
- Website
- https://captiveresources.com
- Company type
- Private
- Founded year
- 1986
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Captive Resources is a privately held insurance consulting firm that advises more than 53 member-owned group captives comprising over 7,700 U.S. middle-market member companies, helping them control commercial and healthcare insurance costs through proprietary risk-reward funding models and risk control services.
- Ownership category
- akta.pro rank
Captive Resources industry classification
Industry- Product category
- Captive Insurance Consulting
- NAICS
- Other Insurance Funds (525190), Direct Property and Casualty Insurance Carriers (524126)
- SIC
- Insurance Agents, Brokers & Service (6411), Fire, Marine & Casualty Insurance (6331)
- akta.pro primary industry
- Captive Insurance Advisory & Management (FSAEADAF)
- akta.pro secondary industry
- Stop-Loss & Reinsurance Administration (Captive/Level-Funded Support) (HLAEALAB)
Keywords
Where Captive Resources is headquartered
LocationHeadquarters
- HQ city
- Itasca
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Captive Resources business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Captive Insurance Consulting Services: Captive Resources acts as the premier consultant to member-owned group captives, providing oversight, coordination, and expert guidance to captive insurance programs. The company supports over 53 group captives comprising over 7,700 member companies.
- Health Risk Management Services: The Health Solutions business unit provides Medical Stop Loss captives' Program Management and Health Risk Management (HRM) services, including cost containment solutions and strategic vendor partnerships for employers interested in self-funding health insurance plans.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels7 records
Captive Resources product offering
Product offeringCore offering
Captive Resources is the premier consultant to member-owned group captive insurance programs, advising over 53 group captives comprising more than 7,700 member companies. The company supports two core captive lines—P&C Group Captives (workers' compensation, general liability, commercial auto, and property) and Healthcare Group Captives (Medical Stop Loss)—and provides complementary risk control, health risk management, captive management, premium financing, and offshore domicile services.
Product overview
Captive Resources is a captive insurance consulting firm that provides advisory services to member-owned group captives. The company offers two core insurance programs: P&C Group Captives (covering workers' compensation, general liability, commercial auto, and property) and Healthcare Group Captives (Medical Stop Loss programs for self-funded employers). These are supported by complementary services including Risk Control Services (assessments, workshops, webinars), Health Risk Management (cost-containment solutions, pharmacy benefit management), Captive Management (via affiliated Kensington Management Group), Premium Financing, and Cayman Islands domicile services. The company also provides educational content including the Captivating Health Insights podcast and Group Captives 101 article series. Captive Resources consults to 53 group captives comprising over 7,700 member companies with $5.8 billion in gross written premium.
Differentiator
Problem solved
Functional benefit
Products and services
- P&C Group Captives Member-owned group captive insurance programs covering workers' compensation, general liability, commercial auto liability, auto physical damage, and property coverage. Premium is based on each member's individual loss experience rather than state rates or industry averages. Designed for mid-market companies with annual casualty premiums typically between $250,000 and $5 million.
- Healthcare Group Captives (Medical Stop Loss) Medical Stop Loss group captive programs for employers seeking alternatives to first-dollar health insurance and traditional self-funded programs. Includes multiple captive structures (Risk Reward, Pooled, Value-Based) to tailor health benefit programs and stabilize costs while protecting against catastrophic loss.
- Risk Control Services Comprehensive risk control services including Risk Control Assessments, loss prevention consulting, a group purchasing program for safety products, educational workshops, and webinars led by subject-matter experts for group captive member companies.
- Health Risk Management Cost-containment solutions for Medical Stop Loss captive members including pharmacy benefit management, data analytics, condition management programs, preventive screening, wellness programs, network optimization, and plan management.
- Captive Management Full-service captive management including governance oversight, regulatory reporting, cash management, accounting, audit coordination, and corporate secretarial functions, delivered through the affiliated Kensington Management Group.
- Premium Financing Premium financing solutions that help members manage cash flow when funding collateral requirements for group captive participation.
- Cayman Islands Domicile Domicile services in the Cayman Islands for captives seeking offshore establishment options.
Quantifiable outcome
- 98% member retention rate year-over-year
- +4 more outcomes
Companies that use Captive Resources
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles2 records
Captive Resources technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Captive Resources partnerships and signals
Strategic signalScale indicators9 records
Recent moves6 records
Expansion highlights6 records
Captive Resources competitors and assessment
Company assessmentBroad incumbents
- Marsh Captive Solutions: Marsh's dedicated captive management practice advises on group and single-parent captives globally. Comparable because both consult on captive formation and ongoing management, though Marsh operates as part of a global insurance brokerage with broader P&C, risk, and reinsurance capabilities.
- Aon Captive Insurance: Aon operates a large captive insurance consulting and management practice covering formation, feasibility, and ongoing operations. Comparable as a direct competitor in captive advisory, but bundled within a much broader global insurance and reinsurance brokerage.
- Willis Towers Watson (WTW) Captive Practices: WTW operates captive insurance advisory services within its broader risk and brokerage platform. Comparable as a competitor in captive advisory, but operating as part of a global advisory firm with much wider services.
Direct peers
- Artex Risk Solutions: Artex is one of the largest independent captive management and consulting firms, providing captive formation, management, and consulting for both single-parent and group captives. Highly comparable as a specialist captive manager with similar consulting-led business model.
- Strategic Risk Solutions (SRS): SRS provides captive management, consulting, and insurance program administration to group and single-parent captives. Comparable as a focused captive management firm serving middle-market and large clients with similar service lines.
- Davies Captive Management: Davies provides captive insurance management, consulting, and supporting services including actuarial and regulatory compliance. Comparable as a specialist captive management firm with overlapping consulting and managed services offerings.
- Beecher Carlson: Beecher Carlson provides captive management and insurance services to mid-market and large clients, often in connection with complex risk programs. Comparable as a specialist serving similar middle-market captive needs.
Others
- Kensington Management Group: Kensington Management Group is the affiliated captive management entity used by Captive Resources for governance, regulatory reporting, and accounting. Comparable as a related captive management service provider in the same operational ecosystem.
Emerging players
- Milliman Captive Solutions: Milliman offers actuarial and consulting support to captive insurers, with growing captive formation and management services. Comparable as a specialist provider leveraging actuarial expertise for captive insurance programs.
Regional players
- RPS (Risk Placement Services) Captive Solutions: RPS provides captive management and insurance placement services, with strong US wholesale brokerage presence. Comparable as a competitor in US captive placement and management, primarily serving the US middle market.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Captive Resources social profiles
Digital presenceCaptive Resources financial estimates
Financial estimateRevenue estimate
Valuation estimate
Captive Resources leadership team
Management profileNumber of profiles
Profiles9 records
Captive Resources funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Captive Resources M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Captive Resources
What does Captive Resources do?
Captive Resources is the premier consultant to member-owned group captive insurance programs, advising over 53 group captives comprising more than 7,700 member companies. The company supports two core captive lines—P&C Group Captives (workers' compensation, general liability, commercial auto, and property) and Healthcare Group Captives (Medical Stop Loss)—and provides complementary risk control, health risk management, captive management, premium financing, and offshore domicile services.
Is Captive Resources a public or private company?
Captive Resources is a private company. It is classified as management employee owned and is currently operating.
When was Captive Resources founded?
Captive Resources was founded in 1986. It employs 251 to 500 people.
Where is Captive Resources based?
Captive Resources is headquartered in Itasca, United States, in the North America region.
How does Captive Resources make money?
Two revenue lines are on record. Captive Insurance Consulting Services are the primary driver. The others are health Risk Management Services.
Who are Captive Resources's main competitors?
Broad incumbents on record are Marsh Captive Solutions, Aon Captive Insurance and Willis Towers Watson (WTW) Captive Practices. Direct peers are Artex Risk Solutions, Strategic Risk Solutions (SRS), Davies Captive Management and Beecher Carlson. Kensington Management Group is listed as an others. Milliman Captive Solutions is listed as an emerging player. RPS (Risk Placement Services) Captive Solutions is listed as a regional player.
Does Captive Resources have an API?
No public API is recorded for Captive Resources.
What industry is Captive Resources in?
Captive Resources's product category is Captive Insurance Consulting. Its primary akta.pro industry code is FSAEADAF, Captive Insurance Advisory & Management, with a secondary code of HLAEALAB, Stop-Loss & Reinsurance Administration (Captive/Level-Funded Support). Its NAICS code is 525190 and its SIC code is 6411.