8 August 2021ArticleAnalysis

An unrivalled opportunity

“CRI encourages creativity and collaboration, supports productivity, and promotes colleague interaction and satisfaction.”

Who we are
Headquartered just outside of Chicago, Captive Resources (CRI) is a leading independent consultant to member-owned group captive insurance companies in the US. Since the mid-1980s, CRI has helped create more than 45 group captives with total premiums exceeding $3 billion, currently serving more than 5,400 member companies.Group captive insurance
What is a group captive? A group captive is an insurance company owned and controlled by a group of companies, and which provides insurance only for its owners.Group captives typically comprise mid-size companies. The most common insurance provided by group captives is workers’ compensation, general liability, automobile liability and physical damage, property, and medical stop-loss. Companies choose to join a group captive for a variety of reasons including:

  • Premium reductions and stability;
  • Broader coverage or coverage unavailable in traditional markets;
  • State-of-the-art loss prevention and safety services;
  • Opportunities to earn investment income on unused loss fund dollars; and
  • Dividend potential.

Group captives provide businesses the opportunity to be insurance company owners rather than insurance policy buyers, which means they have greater control over their insurance programmes.What we do
CRI helps mid-size companies form, operate, and develop group captives.We work with commercial insurance agents and brokers to identify companies with the potential to become captive members and educate them about group captives.CRI helps with new captive formation, defining operational structure and captive governance, long-term planning and strategy, selecting and managing service providers, meeting facilitation, and investment management.Diverse career opportunities
Because CRI consults to group captive insurance companies to oversee the captives’ service providers, to facilitate meetings, to help grow the captive, and more, we offer career opportunities across a number of different disciplines—many of the same functional areas in the traditional insurance industry, including:

  • Accounting and finance
  • Programme management
  • Investment management
  • Business development
  • Claims advocacy
  • Risk control/safety
  • Legal
  • Meeting planning/facilitation

We nurture professional growth and enable our team members to gain skills and experience that help them advance in their careers. Our colleagues’ professional goals are important to us, so we provide them with numerous opportunities to learn, develop, and move ahead.CRI has the best team in the industry, and our people are the cornerstone of our transformative business. We are admired for their dedication and performance, as well as their collective innovation—and we’re always looking for more outstanding colleagues.Working at CRI
At CRI, we work hard to provide our clients with a service that’s unmatched in the industry—but we always try to enjoy our time working together. CRI’s work environment is friendly, casual, and sociable. Our colleagues care about one another, enjoy spending time together, and get satisfaction from giving back to our community.Training and support: When new colleagues join CRI, we provide them with extensive training, addressing all the company’s departments and key systems. We also have a special mentorship programme to help them quickly feel part of our team. The mentors provide new teammates with guidance, support, and a helping hand throughout their first year as they become familiar with our processes, resources, and culture.A friendly atmosphere: We know how important it is to provide an environment that allows our colleagues to perform at their best and look forward to coming to work. CRI encourages creativity and collaboration, supports productivity, and promotes colleague interaction and satisfaction.We have frequent off-site departmental team events and quarterly company outings to have fun and celebrate our successes. Fostering a positive and supportive culture for our people is a priority for us, and the resulting environment is what makes our workplace unique.

Learn more about our workplace culture here.

Our awards

Business Insurance and Best Companies Group has ranked CRI among the Best Places to Work in Insurance four years running and, in 2020, we placed fourth overall among companies of varying sizes from across the insurance industry.CRI also earned a 2021 Top Workplaces USA Award in the Financial Services category, and we’ve been among the Chicago Tribune’s list of top workplaces in Chicagoland for four years in a row.Our colleagues and interns weigh in
We surveyed our colleagues and here’s what a few of them had to say about working at CRI:

“Captive Resources has created a high-level professional, positive and fun working culture that creates a sense of community that helps colleagues feel at home and that they belong.”

“The people are the best part of working for CRI. It’s a great place to work and I love my job.”

“It provides employees with a clearly defined career path and the resources and support to advance. CRI genuinely wants to see its employees succeed.”

“They have created a culture that invites creativity and collaboration. And they make it fun to work here.”

Every year, an amazing group of young interns join us to gain meaningful work experience while they complete their formal education. At the conclusion of their time with us this year, we asked some of them about their experiences.

“I have had the opportunity to work for CRI for the past two summers in the programme management and finance departments. During my time in both programmes, I have felt wholly supported and valued by my colleagues. The firm culture encourages intellectual curiosity and fosters professional and personal growth in its interns. “Overall, the knowledge and skills I have gained through my work here has propelled my success in my undergraduate classrooms, and I am grateful for all that CRI has given me.” Emerson Cilley, junior at University of Virginia, double major in marketing and management with a minor in business analytics (

Emerson Cilley

Courtney Callahan

“I thoroughly enjoyed my summer internship at CRI. Captive Resources provided me with the opportunity to grow personally and professionally by working on a multitude of hands-on projects, and shadowing impressive colleagues on a daily basis. I have never worked at a company who cared about their colleagues (especially interns) as much as CRI. I am extremely grateful to have spent my time with them and wish them the best in all future endeavours.” Courtney Callahan, junior at The University of Alabama, majoring in finance and Spanish (

“After interning in the programme management department at Captive Resources for two summers, I was able to learn so much about such an interesting niche of the insurance industry. Having projects that allowed me to take initiative and work alongside colleagues in many departments gave me a greater understanding of captive insurance and a more holistic view of CRI. “The internship programme taught me a considerable amount—from the type of company culture I’d like to surround myself with, to the type of work I’d like to succeed in doing.” Taylor Mishler, senior at Illinois State University, majoring in international business and risk management & insurance (

Taylor Mishler

Michael Chinn

“My internship with Captive Resources has allowed me to obtain a greater understanding of the insurance industry through hands-on experience. Throughout the summer, I had the opportunity to work on the medical stop-loss team with programme management and the business development team. “At CRI, I was able to grow as a professional by sharpening my critical thinking and communication skills from working on prospecting assignments, new business submissions, public speaking practice, and collaborating with my fellow teammates. One of my favourite things about working at Captive Resources is the strong company culture. The supportive environment helped me learn faster, gain confidence and have fun throughout the summer. I would recommend the programme to any college student who wants to invest in themselves and develop long-term professional skills.” Michael Chinn, recent graduate of Butler University, majored in risk management and entrepreneurship and innovation (

Why CRI leads the industry
To address the endless challenges of conventional insurance, Captive Resources set out to create a better way for small to mid-sized companies to finance and manage risk, and we never stop working on improving that captive insurance solution.Our full range of consulting support gives our captive clients and their member-companies a competitive edge. But it’s our exceptional execution that makes our clients love working with CRI and it’s our outstanding people that make it happen every day.