SeCAP Inc.

What SeCAP Inc. does

SeCAP Inc. is a privately held captive insurance management company that operates a Captive-Insurance-as-a-Service (CIaaS) platform for mid-sized U.S. businesses seeking alternative risk financing. The company targets organizations that are frustrated by rising premiums, claims denials, and adversarial policy language from commercial carriers, and offers these clients entry into a sponsored captive structure without requiring upfront capitalization. SeCAP's proprietary Off-Set Strategy™ allocates premiums and reserves across lines of coverage and within cells, uses surplus from low-loss lines to offset losses in higher-loss lines within regulatory limits, and integrates investment returns and reinsurance placements to improve overall financial outcomes for participants. The product portfolio covers Core Risk lines (Workers' Compensation, Fleet, Healthcare, General Liability, Property), Enterprise Risk lines (D&O, E&O, Fiduciary, Stop Loss, Commercial Crime), and Cyber Risk, with the cyber offering augmented by NIST CSF 2.0-aligned threat discovery and penetration testing. Revenue mechanics are not publicly disclosed; SeCAP funds all cell establishment, regulatory, and administrative costs itself and monetizes through the captive structure and managed services, with pricing determined via a consultative assessment process rather than published tiers. The company distributes through direct consultative sales (5-question quick assessment and in-depth questionnaire) and channel partnerships — Audun Tech serves as managing partner and Graphene Networks brings cybersecurity expertise — supported by a professional services ecosystem including REDW (financial advisory) and Mark Fidel (general counsel). SeCAP is founder-led by Damien Thomas (a serial entrepreneur with prior MSP ownership), with a lean six-person team and a board of advisors covering operations, finance, technology, and cyber functions. No institutional funding, public listing, or geographic expansion outside the United States is evidenced.

Name

SeCAP Inc.

Legal name

SeCAP Inc.

Website

https://secapinc.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

SeCAP Inc. provides a Captive-Insurance-as-a-Service platform with a proprietary Off-Set Strategy™ that helps mid-sized U.S. businesses reduce insurance costs and capture underwriting surplus through sponsored captive structures.

Ownership category

akta.pro rank

Product category

Captive Insurance Management

NAICS

Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Carriers and Related Activities (524), Other Insurance Funds (52519)

SIC

Insurance Agents, Brokers & Service (6411), Insurance Carriers, Nec (6399)

akta.pro industry

PRIMARYFSAEADAF

Captive Insurance Advisory & Management

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Insurance Brokerage & Risk Advisory

SECONDARYFSAGAGAL

Embedded Insurance & Affinity Distribution Platforms

Financial & Insurance/Financial Technology (Fintech)/Insurtech Platforms (Digital Insurance Enablement)

Keywords

• Captive insurance services
• Risk management consulting
• Sponsored captive formation
• Alternative risk financing
• Insurance program structuring

Headquarters

HQ city

Los Angeles

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Captive Cell Premium Contributions: Participants fund their own segregated cell's premiums within SeCAP's sponsored captive structure. Premiums are allocated across core and non-core lines of insurance, with surplus funds captured within the participant's cell.
2. Professional Services Ecosystem: SeCAP provides and coordinates comprehensive professional services including actuaries, underwriters, legal, financial and regulatory fiduciaries, third-party administration, claims handling, and reinsurance access as part of their managed service offering.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

SeCAP Inc. provides sponsored captive insurance management services to businesses through its Captive-Insurance-as-a-Service (CIaaS) platform. Using its proprietary Off-Set Strategy™ methodology, SeCAP allocates premiums and reserves across segregated cells, integrates reinsurance placements, and uses surplus to offset losses—enabling participants to control policy language, reduce premiums, and capture underwriting surplus. SeCAP covers all establishment, regulatory, and administrative costs, coordinating the full professional services ecosystem (actuaries, underwriters, legal, third-party administration, claims, and reinsurance access).

Product overview

SeCAP Inc. operates as a sponsored captive insurance company offering a unified CIaaS (Captive-Insurance-as-a-Service) platform. The core product combines their proprietary Off-Set Strategy™ methodology with captive insurance management services. The portfolio includes Core Risk Insurance Services (Workers' Compensation, Fleet, Healthcare, General Liability), Enterprise Risk Insurance Services (D&O, Fiduciary, Cyber, Stop Loss), and Cyber Risk Insurance Services. Two assessment tools—the 5-Question Quick Assessment and In-Depth Assessment—enable prospects to evaluate their risk profiles. The platform is delivered through guided phases: Assessment, Analysis, Personalized Strategy, Implementation, and Ongoing Partnership.

Differentiator

Problem solved

Functional benefit

Products and services

• Captive-Insurance-as-a-Service (CIaaS) Sponsored captive insurance management platform for businesses that want captive benefits without forming a standalone captive. Enables organizations to control policy language, premiums, and claims administration, reduce insurance costs, and capture underwriting surplus through segregated cell structures.
• Core Risk Insurance Services Captive insurance coverage for high-frequency, core organizational risks including Workers' Compensation, Fleet, Healthcare, General Liability, Property, Professional Liability, Auto Liability, and Umbrella coverage.
• Enterprise Risk Insurance Services Specialized captive insurance coverage for complex enterprise risks including Directors & Officers, Fiduciary Liability, Stop Loss, Commercial Crime, Errors & Omissions, Cyber Risk, and Repetitional Damage.
• Cyber Risk Insurance Services Cyber risk captive coverage paired with proactive threat discovery and security resources, leveraging technical expertise to strengthen cyber posture and protect against financial and reputational loss, including for risks where traditional carriers deny claims.

Quantifiable outcome

• $420,000 annual surplus generated for cyber-breached IT services firm, reinvested in cybersecurity
• +4 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Four partnerships are on record, tiered core and support.

• Audun TechcoreStrategic or Co-development PartnerAudun Tech is the managing partner of SeCAP Inc. Lindsey McCartney, Director of Operations at Audun Tech, supports agents in understanding and offering Sponsored Captive Insurance through hands-on training, personalized onboarding, and flexible management structures.
• Graphene NetworkscoreStrategic or Co-development PartnerGraphene Networks is a strategic partner led by Managing Partner Dwight F. Wilhelm and Co-Founder Dustin Delight. They provide expertise in networking and cybersecurity technologies and support SeCAP's sponsored captive insurance solutions for risk management and protection.
• REDWsupportImplementation/ SI/ Consulting PartnerREDW serves as SeCAP's financial advisory partner, providing financial expertise and guidance as part of SeCAP's professional ecosystem.
• Mark Fidel - General CounselsupportImplementation/ SI/ Consulting PartnerMark Fidel provides general counsel advisement services to SeCAP, supporting legal and regulatory compliance as part of the professional services ecosystem.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Artex Risk Solutions: One of the largest independent captive management and consulting firms globally; directly competes with SeCAP in structuring sponsored and single-parent captives for mid-market and enterprise clients.
• Global Captive Management: Independent captive management firm providing sponsored captive structures and fronting services; competes directly with SeCAP for mid-market captives seeking a streamlined alternative to Big 3 brokers.
• Davies Captive Management: Davies provides captive management, consulting, and cell facility services to mid-market and niche clients; a like-sized independent competitor pursuing a similar underserved segment strategy.
• Strategic Risk Solutions (SRS): Independent captive management firm operating sponsored cell facilities and serving mid-market clients; one of the closest direct competitor models to SeCAP's CIaaS approach.

Emerging players

• Newfront Insurance: Tech-forward commercial insurance brokerage serving mid-market and enterprise clients; competes in adjacent Insurtech territory with a consultative, technology-enabled approach to commercial risk.
• Embroker: Digital commercial insurance platform focused on specialized lines (cyber, D&O, E&O); overlaps with SeCAP's cyber specialization and mid-market commercial focus, though operates as a broker rather than captive manager.
• Accelerant Insurance: Insurtech/data-driven specialty insurance platform that uses data and risk expertise to serve niche and specialty segments; comparable to SeCAP in its use of technology-enabled expertise to better underwrite and serve underserved commercial risks.

Broad incumbents

• Willis Towers Watson (WTW) Captive Solutions: WTW offers captive formation, feasibility studies, and ongoing management for clients exploring sponsored and single-parent structures; a direct competitor with broader insurance brokerage capabilities.
• Aon Captive & Insurance Management: Aon's captive insurance management practice provides full-service captive formation, including sponsored cell structures, directly competing with SeCAP's CIaaS offering but at enterprise scale.
• Marsh Captive Solutions: Marsh's captive management arm serves global enterprises with sponsored, association, and single-parent captive solutions; a broad incumbent offering similar services to SeCAP but with much larger scale and institutional backing.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/secap-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SeCAP Inc.