42%
Equity position against premium
Case Study
Building a 42% Equity Position and Nearly 11% in Dividends
A founding member turned strong safety and risk management into lasting value.
Read the case study
Resources
Case Study
How a $100M Contractor Cut Insurance Costs by 34% and Gained $1.1M in Equity
A fast-growing contractor with very few claims joined Haven Re, lowered its rates at renewal, and built $1.1M in equity over four years.
34%
Reduction in rates upon renewal
$1.1M
Total equity accumulated over four years of membership
Double-digit
Standard market rate increases avoided since joining
- Industry
- Commercial general contracting
- Company Size
- $100M
- Previous Program
- Guaranteed cost
- Haven Re Membership
- 4 years
01 The Challenge
Strong growth, very few claims, and no way to keep the upside
Since opening its doors in 2018, a commercial general contractor had worked with Hylant to place traditional insurance. Over that time the company grew 100% year over year with very few claims.
After running initial projections, Hylant saw that a captive could become a profit center for the client, one that grows with the company’s own performance.
The owners wanted a path that would let them recapture favorable loss results and reinvest in their business.
02 The Solution
Joining an established, high-performing group captive
The client executive introduced the owners to captives and presented Haven Re as a way to gain more control, save costs, and stabilize annual spend.
Working with Hylant’s Global Captive Solutions team, they outlined the program structure, planned submission timing, and confirmed Haven Re was a viable fit.
While the up-front cash outlay was slightly higher than the existing guaranteed cost program, the client chose to make the switch.
“Since joining Haven Re, the company has been insulated from a wave of double-digit rate increases in the standard insurance market, giving it a competitive advantage over its peers.”
03 The Journey
How they joined Haven Re
-
1
Discover
Hylant’s client executive introduced the owners to captives and to Haven Re.
-
2
Evaluate
Hylant’s Global Captive Solutions team outlined the program structure and submission timing.
-
3
Confirm fit
The team assessed the company’s profile and confirmed Haven Re was a viable fit.
-
4
Join
The company switched from its guaranteed cost program to Haven Re.
-
5
See results
Rates and equity are reviewed at each renewal, with results tied to the company’s own performance.
04 The Results
From fixed premiums to performance-based pricing
Before
Traditional guaranteed cost
- Fixed premiums, regardless of loss performance
- Very few claims, but no way to keep the upside
- Exposed to double-digit standard market increases
- Premium spend with no equity built
After
Haven Re group captive
- Pricing tied to the company’s own loss performance
- Favorable results returned as dividends
- Lower rates at every renewal
- Equity that builds year over year
More Member Stories
See how other Haven Re members are taking control of their insurance programs.
37%
Reduction in premium costs vs. traditional spend
Case Study
Driving 37% Cost Savings and $1.2M in Equity
After 25+ years with a traditional carrier, an automotive group gained control and flexibility with Haven Re.
Read the case studyReady to Regain Control Over Your Insurance Spend?
Haven Re provides businesses with greater control over their insurance program, offering pricing based on positive performance.
Let’s explore if Haven Re is the right fit for you.
