Artex launches construction group captive in Cayman

Artex, the provider of alternative risk management solutions, has launched a new group captive programme, designed specifically for construction companies within the US.

Construction Risk Containment Insurance Company (CRCIC) provides an alternative risk transfer solution for construction companies that are typically viewed as higher hazard in the industry.

Domiciled in Grand Cayman, CRCIC offers coverage for auto liability, general liability and workers compensation. Best-in-class construction companies with a strong safety and risk management background and at least $250,000 in premium are the ideal targets. Construction companies doing Heavy Civil, Street and Road, Artisan, Demolition and General Contractors will be considered.