Success Stories
Four Wheel $1 million in assets
“Traditional insurance carriers were reluctant to insure my camper manufacturing facility even though we had a great claims record. In joining a captive, my premiums went down and we amassed $1 million in our asset account in just four years.”
Tom Hanagan, Former CEO
The Hignell Companies Greater flexibility
“Captive insurance has provided us with great flexibility. Before the captive, we had to insure each of our businesses separately. The captive allows us to put all of our business entities under one umbrella, saving us time and greatly reducing costs. We’re now paying a fraction of what we used to.”
Phil Larios, President
Butterfield Electric Rates lower than industry average
“Our decision to join a group captive has paid off many times over—our rates are now far below the industry average. And we have reinvested the dividends we’ve received in our business, allowing us to reduce our operational costs.”
Rick Butterfield, Owner
Peggs Company, Inc. Better claims management
“Our previous broker actually told us there is no way to manage our claims! It only took a few years of working with the ODI team to get our claims under control so that we could qualify to join the Presidio Group Captive. In just six months as a member, we already have substantial equity in our account.”
Chris Nelson, President
F. Lofrano & Son Dramatic improvement in safety record
“Using outside safety services is standard in the auto body industry to meet compliance. Eric and ODI provided us tools, templates, and coaching to establish an internally run safety program and we quickly saw a dramatic improvement in our safety record. Fewer worker injuries is the goal in a captive insurance program, because our unused premiums are returned to us.”
Tony Lofrano, President
Paragary’s Restaurant Group More predictable rates
“Before we joined a group captive insurance program, we were subject to crazy roller coaster rate fluctuations, which made it impossible to accurately budget expenses. The captive has provided us with predictable rates, and it has been easy to add our new businesses to our existing accounts. There are no more unpleasant surprises, and we’re growing equity in our captive account.”
Randy Paragary, President