Captive insurance

Thin margins and unpredictable risks are the norm, and trucking companies are increasingly turning to captive insurance plans to address those challenges.

Trucking insurance continues to get more expensive. Chris Henry and Daniel Pickett provide information about captive insurance agencies.

Larger fleets sometimes control their insurance costs by self-insuring. Smaller fleets, though, often don’t have the financial resources to self-insure, so more of them are turning to “captive” insurance programs.