Artex launches construction group captive program

Artex has launched a new group captive program, designed specifically for construction companies within the US.

Cayman-domiciled Construction Risk Containment Insurance Company (CRCIC) provides an alternative risk transfer solution for construction companies. It offers coverage for auto liability, general liability and workers compensation.

In particular CRCIC targets best-in-class construction companies with a strong safety and risk management background, and at least $250,000 in premium. Construction companies doing heavy civil, street and road, artisan, demolition and general contractors will also be considered.

Artex provides insurance consulting services to more than 10 group captives designed specifically to meet the needs of mid-market employers.