What is a group Captive?

A group or member owned captive exists to provide custom insurance, risk transfer and risk management solutions for the group that owns it. When coupled with effective risk management and cost control measures, a captive insurance program can give its members greater control over their insurance program and more financial benefits than are available with traditional insurance solutions.

Convergence Insurance Company provides Workers’ Compensation, General Liability and Auto Liability insurance to small and mid-sized companies.