Currently, agents get paid between 5% and 25% of your premium. Self Insurance allows you to re-allocate money to risk management - reducing claims and paying losses.
Traditional insurance assumes 5% claims cost is allocated to fraud. Self insurance funds give you a voice in claims settlement and have a better than 95% renewal rate. Build strong relationships and stay together for decades.
Most businesses pay a premium based on an average of high and low risk companies. If you're a high performer, you want to self-insure with other high performers and work together to get even better.
We've made it easy to choose who you partner with. Caploo's insurance system can match you with partners, recommend trusted groups, and provide the tools for you to create your own. You can then see your partners' sign up progress, application status, and launch status.
All of your relevant financial information including claims money, incident rates, and projected premium are displayed in the financial dashboard. The dashboard is a transparent scorecard to see how you're fairing and where you can improve.
We've simplified the application process by establishing trust first and verifying later. If you trust your peers, we trust your peers. Get started faster!
When you have financial alignment and the money is in your control, there's an even greater incentive to stay safe. We'll provide tools that help your employees identify issues and resolve them before they become claims.
Self insurance communities are completely transparent so that you know exactly where your money is going and how your premium is allocated. With the traditional insurance model, premium is bundled into one number, making accountability difficult. Our goal is to focus these premium dollars in a way that helps you sustain a safe organization with consistently low claims.