NEMEON

The traditional property and casualty (P&C) insurance marketplace for the distributor can be a roller coaster ride. We are excited to present a group captive alternative program available to NEMEON members and other quality distributors. The group captive gives member/owners control over workers’ compensation, general liability and automobile insurance coverage at a competitive premium. This program was started by a group of quality electrical distributors in 1991 to provide control over the volatile traditional insurance premium swings. As a result, this program has taken a large business expense and allowed its member /owners the ability to turn insurance into a profit center for their company. In addition to providing competitive and stable premiums, our member / owners are provided significant returns from their unused loss funds. Over the last 6.5 years, members in this program have averaged equity returns of 23% of their pay-in premium. Please feel free to contact John McHale of Captive Resources, LLC the insurance consultant who specializes in group captive programs. He can be reached at (847) 879-2358 or jmchale@captiveresources.com. The group captive provides competitive premiums, price stability, excellent dividend returns and control of your insurance program.