Captive Risk Solutions
Through our partnership with Innovative Captive Strategies (ICS), Starkweather & Shepley can help you determine if a Captive Insurance alternative makes sense for you. A Captive Insurance Company is a special purpose insurance company whose primary role is to insure or reinsure the retained risk of its owners. In other words, it is a risk financing mechanism used as an alternative to traditional insurance.
Group Captive
A Group Captive brings together a group of independent businesses to form their own insurance company. The member participants own their underwriting profit and investment income. Starkweather & Shepley’s Group Captive Insurance Company comprises of best-in-class companies from a varying array of industries. This Captive will provide workers’ compensation, general liability and automobile liability / physical damage coverage for its members.
Single Parent Captive
A Single Parent Captive is a company that insures risks of its parent or affiliated companies. It is owned by one company and is designed for organizations with annual premiums greater than $3 million. In the right situation, this arrangement can provide greater accountability for all profit-center programs.
Rent-A-Captives
Rent-A-Captives are designed to “rent” space to multiple programs/insureds through a “Segregated Cell” structure. These programs are designed to provide all the benefits of a Captive without ownership obligations. Starkweather & Shepley can help you decide which, if any, of these Captive Insurance alternatives are right for you. For companies who are committed to managing risk and want to embrace that risk for reward, Starkweather & Shepley’s Group Captive Program holds an exciting and promising opportunity for you. For more information, contact Patrick Meacham directly by Email
Meet the Team
A Reputation Built on Trust
We’ve built a strong reputation for service, professionalism, and responsiveness.
Our manufacturing facility has worked with Mike Prentiss for a number of years. Before we started doing buiness, our instance package was not up to par and needed help. Mike jumped in and needed help Mike jumped in and fine-tuned our coverage. His sense of urgency and knowledge of the insurance industry, particularly in the manufacturing area, are second to none. We could not be happier with the service, value and comfort knowing that we are in good hands.
Aviation Parts Manufacturer
I have had the pleasure of working with Mike Prentiss since 2020. His knowledge and expertise are second to none. Mike and the team at Starkweather & Shepley always respond quickly and are always there to help with my many questions and requests. I highly recommend them!
Callie Lee
Been using them for my insurance needs for 4 years and always there when you need them.
Joshua Evon
Because Starkweather is proactive in keeping our underwriting file up to date, when a bid bond requirement popped up unexpectedly at the end of the day, they had the bond issued and, in our hands, before closing time. That kind of speed and reliability is hard to find.
Commercial Contractor
The team at Starkweather didn’t just write our bonds; they took the time to understand our business. Their strategic advice and underwriting connections helped us grow our bonding capacity significantly over the last few years.
Electrical Contractor
We have worked with Starkweather for over a decade. They are always prompt, professional, and available whenever we have questions. They have earned our trust completely.
General Construction Firm
Managing license and permit bonds across multiple states used to be a headache. Now, working with the team at Starkweather the process has been pain free. They are able to assist with the exact state requirements and handle all the renewals seamlessly so we can focus on our work.
Multi-State Trade Contractor
