LifeCare Risk Retention
Risk Retention Groups (RRGs) are liability insurance companies owned by its members. They allow business with similar insurance needs to pool their risks and form an insurance company operated under federal and state guidelines. By doing this, it allows companies to increase their control over their insurance program, and hence reduce costs.
LIFECARE ASSOCIATION INSURANCE EXCHANGE
(LAIE)
Started in 2021, LAIE is a joint venture between certain hospitals in Oklahoma, organized to collaborate and share expenses; and expertise to create a captive insurance company for property insurance coverage.
LAIE is a young captive but will continue to grow and strengthen as it matures. We are currently interested in geographic diversity through the addition of new property subscribers.
Contact us with interest or questions.