How does the Member Owned Captive MAC Casualty Operate?

• Premium calculation in MAC is based actuarially on each member company’s individual loss experience. Fundamental principle of, control claims and control your long term cost. This means past losses determine a MAC member’s premium, not state rates, manual premiums or unpredictable conventional insurance market conditions.
• All members of MAC are equal owners with true member only ownership. No service providers, including Captive Resources or the brokers have any ownership or voting authority.
• Lines of coverage in MAC can include: Workers’ Compensation, General Liability and Automobile coverages. (Separate Property Captive is Available)
• MAC members retain their individual unused loss funds and the investment income associated with those loss funds. I.E. PROFIT!!!
• MAC Casualty utilizes The Hartford a top A+ Rated Insurance Carrier for Policy Issuance, Certificates of Insurance, Auto ID Cards, etc.
• Investment opportunity in a $1 Billion Dollar investment fund exclusive to Captive Resources administered captives.
• Third Party Administration of claims through Gallagher Bassett, which allow for more control over claims handling, settlement and selection of counsel. More Control!!!
• Only the best risks are accepted into MAC. Better than average loss performance is critical. Premium versus losses, how do you stack up? MAC membership is reserved for companies demonstrating the highest controls for safety and claims management.
• Complete Transparency of all costs from policy issuance, reinsurance, claims, loss control, brokerage fees and administrative expenses.
• Unbundling of services allows MAC to isolate cost and be selective of top service providers.
• Complete confidentiality of membership information. All company business is conducted through confidential member numbers.
• No hand-cuff clauses. A MAC member can leave anytime they want.