What are captive insurance companies?
More than half of America's big business are participating in the captive insurance market at some level. These businesses manage their insurance risk and profit from it through the creation of their own insurance company. Some companies lease captives from traditional insurance companies or belong to similar sector groups. They all have one goal in mind: saving money on premiums and profiting from low claims. Steve Savant, syndicated financial columnist and talk show host, interviews nationally recognized captive insurance company expert Wes Sierk on this episode of "Let's Get Down to Business." • What are captive insurance companies?

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