Chelsea Rhone specializes in creating sustainable and creative solutions to complex health care risks. Our mission is to provide superior program management services to independent agencies serving the long term and post-acute care industry.

Why Would You Consider a Captive?

Many companies have discovered the benefits of financing their risk through a captive arrangement. In 2010 there were over 5,000 active captives globally with annual captive premium estimated around $60 billion. A custom designed risk financing mechanism may help you to:

  • Capture underwriting profit that would normally go to the insurance carrier
  • Cover unique or hard to place risks which the commercial market has priced out
  • Take control of claims and risk management and control your own destiny
  • Join together as an association or agency captive to share risk among the membership which you select and control
  • Stabilize the cost of their risk and avoid the swings of the insurance market

Chelsea Rhone offers many different risk financing solutions, one of which may be right for your unique situation. We currently manage successful captive and conventional insurance vehicles addressing the following risks:

  • Healthcare General and Professional Liability
  • Employee Benefits
  • Workers’ Compensation
  • Products and Completed Operations Liability