Hilb Group, formerly Clark & Lavey Benefits Solutions

11/27/2024

Hilb Group’s InCap® healthcare captive program provides a solution to escalating health premium costs. InCap provides an alternative to traditional, fully-insured health insurance plans that require fixed insurance premiums to an insurance carrier who keeps the annual profit. Instead, InCap profits are annually distributed to member companies.

11/13/2024

Are you a cannabis business struggling to find affordable and comprehensive healthcare coverage? Look no further! Hilb Group is proud to announce the availability of our group captive healthcare program exclusively for the cannabis industry.

A group captive is a self-funded insurance company formed by a group of businesses with similar risk profiles. By joining forces, members can share the burden of claims, potentially leading to significant cost savings and increased control over their healthcare benefits.

Contact us today to explore how InCap can revolutionize your cannabis business's healthcare strategy.

11/06/2024

Captives significantly impact financial statements. Premiums, claims, and underwriting profits affect income statements. Assets, liabilities, and equity are reflected on balance sheets. Cash flow is influenced by premium income and claim payments.
Accounting standards, regulations, and risk transfer are crucial considerations. Consulting with experts ensures accurate financial reporting. Hilb can provide expert guidance on the reporting aspect of group captive insurance.

10/30/2024

InCap by Hilb Group is more than just a captive insurance program; it's a strategic partnership designed to help your business thrive. With our deep expertise in the field and a commitment to your success, we provide the comprehensive support you need to navigate the complexities of group captives.

Our experienced team offers personalized guidance throughout the entire process, from initial assessment to ongoing management. We work closely with you to understand your unique needs and develop customized solutions that align with your business goals. Our collaborative approach fosters open communication and knowledge sharing, ensuring that you benefit from the collective wisdom of the group.

10/23/2024

We now offer our captive insurance services to the cannabis industry!

10/16/2024

10/09/2024

Your business is unique. So should your insurance.

At Hilb Group, we understand that a one-size-fits-all approach doesn't work for everyone. That's why we specialize in crafting tailored insurance solutions that perfectly match your specific needs.

Let's talk about how we can create a custom plan that protects your business and gives you peace of mind.

10/02/2024

Even banks and financial institutions can save on employee benefits! 🏦💰
InCap® by Hilb Group helped a credit union with over a dozen locations slash healthcare costs while maintaining quality coverage.

How? We analyzed their needs, identified trends, and tailored a self-funded solution through our InCap captive program.

The result? Over $1.5 million in savings in just six years!

09/25/2024

Big News: InCap®, a groundbreaking self-funded captive healthcare program, is now available to the cannabis industry!
Tired of limited healthcare options? InCap offers reduced costs, increased control, and tailored benefits.

09/18/2024

Tired of one-size-fits-all insurance plans? Captive insurance offers a personalized approach to managing your risk. Discover how it can provide greater control, cost savings, and peace of mind.

09/11/2024

InCap has empowered businesses across industries to achieve significant cost savings and improve their risk management strategies. By joining forces with other like-minded companies, our members have experienced:

✅Substantial premium reductions: Shared risk and pooling resources lead to lower insurance costs.

✅Enhanced risk management: Access to industry best practices and expert guidance helps mitigate potential losses.

✅Increased financial stability: By sharing risk, businesses become more resilient to unexpected claims.

✅Greater control over insurance programs: Members have a say in how their insurance program is managed.

✅Improved cash flow: Reduced premiums and potential profit sharing can boost your bottom line.

✅Access to valuable resources: Take advantage of our expert team, data analytics, and industry insights.

Ready to see how InCap can transform your business?