BevCap Management
BevCap Management is a privately held captive insurance program manager that administers group captive Property & Casualty and Medical Stop-Loss programs for ~50 mid-market member companies, primarily beer distributors, franchised auto dealerships, and self-funded employers across the United States.
- Company typePrivate
- Founded2008
- HeadquartersMckinney, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What BevCap Management does
BevCap Management, LLC is a privately held captive insurance program manager founded in 2008 and headquartered in McKinney, Texas. The company administers a portfolio of group captive insurance programs covering Property & Casualty (Workers' Compensation, General Liability, Auto Liability, Auto Physical Damage) and Medical Stop-Loss/Employee Benefits, organized under sub-brands including BevCap Captive Group (BCCG) for beer distributors, Dealer Management Group (DMG) for franchised auto and truck dealerships, Sharefield for diverse middle-market industries, and Allied Health, Beyond Health, and BevCap Health for self-funded employers. Captives are domiciled across Hawaii, North Carolina, Arizona, Vermont, Utah, Nevada, and Grand Cayman.
The company's technology stack centers on a captive program management platform with data analytics and risk-management capabilities, layered with the Succeed Management Solutions-powered Risk Management Center for client safety training, incident tracking, and compliance. Member-owned governance excludes third-party providers from board membership, and the annual Best Practices Workshop (BPW) anchors member engagement.
BevCap earns revenue through recurring management and administration fees paid by member companies participating in its captive programs, with pricing tailored to each member's risk profile. Distribution occurs through direct advisory sales, insurance broker partnerships, and an NBWA endorsement. The company serves ~50 member companies with ~35 employees, led by CEO Lance Abbott (former CICA Chairman) and President of P&C Matthew Bossier (ex-Travelers).
BevCap Management firmographics
Firmographics- Name
- BevCap Management
- Legal name
- Bev Cap Management, LLC
- Website
- https://bevcapmanagement.com
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- BevCap Management is a privately held captive insurance program manager that administers group captive Property & Casualty and Medical Stop-Loss programs for ~50 mid-market member companies, primarily beer distributors, franchised auto dealerships, and self-funded employers across the United States.
- Ownership category
- akta.pro rank
BevCap Management industry classification
Industry- Product category
- Captive Insurance Program Management
- NAICS
- Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292), Other Insurance Funds (52519)
- SIC
- Insurance Agents, Brokers & Service (6411), Insurance Carriers, Nec (6399)
- akta.pro primary industry
- Captive Insurance Advisory & Management (FSAEADAF)
- akta.pro secondary industries
- Stop-Loss & Reinsurance Administration (Captive/Level-Funded Support) (HLAEALAB), Self-Funded (ASO) Group Health Plans & Stop-Loss (FSAIAFAB)
Keywords
Where BevCap Management is headquartered
LocationHeadquarters
- HQ city
- Mckinney
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
BevCap Management business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Captive Insurance Program Management Fees: BevCap earns fees as a program manager administering captive insurance programs for member companies. Members pay into the captive structure and may receive returns of unused premium and investment income based on performance. BevCap manages multiple P&C group captives, medical stop-loss captives, and specialty programs, collecting management/administration fees for program oversight, risk consulting, claims management, and loss control services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Custom captive insurance program pricing based on member risk profile and program design |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels8 records
BevCap Management product offering
Product offeringCore offering
BevCap Management is a captive insurance program manager that designs, administers, and manages group captive insurance programs for businesses across multiple industry verticals. The firm operates property & casualty captives (BCCG, DMG, Sharefield) targeted at beer distributors, franchised auto and truck dealerships, and middle-market manufacturers and distributors, alongside medical stop-loss captives (Allied Health, Beyond Health) for self-funded employers, plus the NBWA-endorsed insurance program. Members access risk management services, analytics, and loss control through the Risk Management Center platform.
Product overview
BevCap Management is a captive insurance program manager offering a portfolio of specialized group captive programs. The company operates three P&C group captives (BevCap Captive Group for beer distributors, Dealer Management Group for auto/truck dealerships, and Sharefield for diverse industries) and multiple medical stop-loss captives (Allied Health, Beyond Health, and BevCap Health). NBWA Insurance provides industry-specific coverage for National Beer Wholesalers Association members. These programs deliver transparency, control, and savings through member-owned captive structures that provide risk management, loss control, and claims management services across Commercial Auto, Workers' Compensation, General Liability, and Employee Benefits.
Differentiator
Problem solved
Functional benefit
Brands
- BevCap Captive Group (BCCG): A homogeneous group captive insurance company for the beverage distribution industry, specifically designed for beer distributors. Offers P&C and employee healthcare coverage.
- Sharefield
- Allied Health
- Beyond Health
- Dealer Management Group (DMG)
- NBWA Insurance
- BevCap Health
Products and services
- BevCap Captive Group (BCCG) Group captive property & casualty insurance program serving beer and beverage distributors, providing shared underwriting results, industry-specific loss control, and member-owned governance.
- Dealer Management Group (DMG) Group captive property & casualty insurance program for franchised auto and truck dealerships, pooling risk across dealer members and returning underwriting profit to participants.
- Sharefield Property and casualty group captive insurance program for middle-market manufacturers and distributors seeking industry-diversified risk pooling and underwriting profit participation.
- Allied Health Medical stop-loss group captive insurance program for self-funded employers, providing pooled stop-loss coverage and underwriting profit returns in a member-owned structure.
- Beyond Health Medical stop-loss group captive insurance program for self-funded employer groups, offering aggregated purchasing power, transparency, and member-owned underwriting results.
- NBWA Insurance Program Endorsed insurance program available to NBWA member beer wholesalers, providing access to BevCap's group captive coverage and risk management services.
- BevCap Health
Quantifiable outcome
- $1.45M in insurance premium savings for a multi-state manufacturer from 2017-2021 through the Sharefield captive program
- +5 more outcomes
Companies that use BevCap Management
Customer profileNamed customers8 records
Segments5 records
Ideal customer profiles4 records
BevCap Management technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
BevCap Management partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- Succeed Management SolutionscoreSucceed Management Solutions powers BevCap's Risk Management Center, an online portal providing client organizations with safety training, incident tracking, compliance management, and risk mitigation tools. The platform enables BevCap to deliver proactive safety culture services to captive members.
- LossfreerxcoreLossfreerx provides the client login portal for BevCap captive members to access the Risk Management Center. It serves as the technology gateway through which members manage safety training and compliance.
- Voxel (QCS Purchasing Cooperative)minorVoxel's real-time hazard detection and risk management technology is featured in a Sharefield case study. Ben Raun of BevCap appeared on the QCS 360 Podcast with Voxel's Zach Ledner to discuss the Voxel safety program and its outcomes for Sharefield members.
- PMA CompaniescorePMA Companies is a partner in the Dealer Management Group (DMG) captive program for franchised auto and truck dealerships. PMA provides reinsurance support and risk solutions integral to the DMG program structure.
- Hylant Global Captive SolutionscoreHylant Global Captive Solutions is a key reinsurance partner in the DMG program. Matthew Bossier oversees Hatteras Re, a heterogeneous group captive managed by BevCap in partnership with Hylant for medical stop-loss and cost-containment solutions.
- Johnson LambertcoreJohnson Lambert is a program partner in the Dealer Management Group, providing actuarial, audit, and consulting services supporting the DMG captive insurance structure for auto dealers.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
BevCap Management competitors and assessment
Company assessmentDirect peers
- Hylant Global Captive Solutions: Captive insurance advisory and management practice that co-manages the Hatteras Re protected-cell captive with BevCap. Comparable as a competing program manager serving middle-market group captives across multiple verticals.
- HatterasRe: Group captive manager offering heterogeneous and homogeneous protected-cell captives for medical stop-loss and P&C. BevCap co-manages Hatteras Re protected cells via Matthew Bossier, making it both partner and closest direct peer in protected-cell captive management.
- PMA Companies: Workers' comp and P&C carrier with captive solutions and alternative risk programs. PMA is a DMG partner of BevCap providing reinsurance and risk solutions; it is a competing program manager in the dealership and middle-market captive space.
Broad incumbents
- Marsh Captive Solutions: Global broker's captive insurance arm providing feasibility, formation, and management services for group and single-parent captives. Overlaps with BevCap in captive advisory and program management for mid-market and large enterprises.
- Aon Captive Solutions: Aon's captive insurance practice offers captive feasibility, formation, and management globally. Competes with BevCap in helping employers evaluate and operate captive insurance programs, though at much larger scale and across more lines of business.
- Arthur J. Gallagher & Co. (Gallagher Captive Services): Global insurance brokerage with a dedicated captive insurance services group. Directly comparable to BevCap's broker-supported captive program model, although Gallagher serves a much broader and larger client base.
- Great American Insurance Group (Alternative Markets): Specialty P&C insurer with significant alternative risk and captive management capabilities. Competes broadly with BevCap in group captive structuring, reinsurance support, and specialty lines including auto dealership and distribution.
- Zurich Insurance Group (Captive Solutions): Global insurer offering captive fronting, reinsurance, and program management for group captives. Overlaps with BevCap in providing risk-bearing infrastructure and services to member-owned captive programs.
- Liberty Mutual (Global Risk Solutions): Major P&C insurer with alternative risk and captive management capabilities for middle-market and large accounts. Competes with BevCap in helping captive programs access reinsurance, claims expertise, and risk management services.
Emerging players
- Sunstone Consulting: Independent captive insurance consultancy and program manager serving middle-market and emerging captives. Comparable to BevCap in offering feasibility, formation, and ongoing management for group captives in specialized verticals.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks5 records
Key highlights6 records
Customer concentration
BevCap Management social profiles
Digital presenceBevCap Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
BevCap Management leadership team
Management profileNumber of profiles
Profiles1 record
BevCap Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BevCap Management M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BevCap Management
What does BevCap Management do?
BevCap Management is a captive insurance program manager that designs, administers, and manages group captive insurance programs for businesses across multiple industry verticals. The firm operates property & casualty captives (BCCG, DMG, Sharefield) targeted at beer distributors, franchised auto and truck dealerships, and middle-market manufacturers and distributors, alongside medical stop-loss captives (Allied Health, Beyond Health) for self-funded employers, plus the NBWA-endorsed insurance program. Members access risk management services, analytics, and loss control through the Risk Management Center platform.
Is BevCap Management a public or private company?
BevCap Management is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was BevCap Management founded?
BevCap Management was founded in 2008. It employs 11 to 50 people.
Where is BevCap Management based?
BevCap Management is headquartered in Mckinney, United States, in the North America region.
How does BevCap Management make money?
One revenue line is on record: captive Insurance Program Management Fees.
Who are BevCap Management's main competitors?
Direct peers on record are Hylant Global Captive Solutions, HatterasRe and PMA Companies. Broad incumbents are Marsh Captive Solutions, Aon Captive Solutions, Arthur J. Gallagher & Co. (Gallagher Captive Services), Great American Insurance Group (Alternative Markets), Zurich Insurance Group (Captive Solutions) and Liberty Mutual (Global Risk Solutions). Sunstone Consulting is listed as an emerging player.
Does BevCap Management have an API?
No public API is recorded for BevCap Management.
What industry is BevCap Management in?
BevCap Management's product category is Captive Insurance Program Management. 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 524292 and its SIC code is 6411.