Stronger Together. Smarter Insurance.
Take control of your marina’s risk, costs, and future with a program made for operators like you.
What is Group Captive Insurance?
A Group Captive is a member-owned insurance company formed by similar businesses to insure their own risks and keep underwriting profits instead of paying them to commercial insurers.
Members pool their premiums, pay claims just like traditional insurance, and use professional carriers and reinsurers to protect against large and catastrophic losses.
Best-in-class operators deserve predictable pricing, aligned risk management, and a way to build value from the money they already spend on insurance.
Finally a group captive insurance program created exclusively for marina operators
Members work together to stabilize insurance costs, control underwriting standards, and retain value from their premium spend.
Traditional insurance is a cost.
A group captive turns part of that cost into a long-term asset.
Don’t keep renting your insurance, Buy it.
Ideal Members Are:
- Independent marina owners
- Multi-location operators
- Well-run marinas seeking long-term stability
- Operators frustrated with renewal volatility
Launching with Experienced Partners
No cutting corners. We do it right.
- Professional Captive Management
- Actuarial Services
- Rated Reinsurance Carrier
- Rated Fronting Carrier
- Attorney-Prepared Documents
Structured for long-term success
Never heard of Captives? Well, it’s kind of a thing…
The numbers are surprising.
Who Uses Captives?
Are Captives More Efficient than Traditional Insurance? Yep.
Why Marinas Join National Marina Insurance
Discover the benefits of a member-owned insurance program built just for your industry.
Predictable Premiums
Reduce year-to-year volatility with a program designed specifically for marinas.
Member-Owned Profits
Your premium spend builds surplus instead of leaving the industry.
Marina-Specific Coverage
Property, GL, MOLL, and pollution insurance designed for waterfront risks.
Loss Control Alignment
Participate in standards that reward safety, maintenance, and operational excellence.
Governance Participation
Founding members help shape underwriting, policies, and program direction.
First-Mover Advantage
Early members enjoy priority access, early surplus accumulation, and influence.
What is the difference between Traditional and Group Captive Insurance?
| Traditional Insurance | Group Captive Insurance |
|---|---|
| You pay premiums to a carrier | Members own the insurance company |
| Carrier keeps underwriting profits | Members keep underwriting profits |
| Price increases are unpredictable | Greater pricing stability over time |
| No return for good loss experience | Good loss experience builds surplus |
| Start over every year | Long-term member equity |
| Limited underwriting flexibility | Program designed for marina risks |
| Profits leave the industry | Profits stay with marina owners |
| Premium is pure expense | Premium can build member surplus |
Not All Aspects of Traditional Insurance Are Bad. Group Captives Keep All The Best Aspects, Too.
-
Traditional Insurance Group Captive Licensed insurance carrier issues policy Licensed fronting carrier issues policy Rated reinsurers back large losses Rated reinsurers back large losses Claims handled by professional adjusters Claims handled by professional adjusters Standard coverage forms Standard coverage forms Policy limits and deductibles Policy limits and deductibles Regulatory oversight Regulatory oversight Catastrophe protection Catastrophe protection Carrier controls underwriting Members influence underwriting standards
Insurance Coverage When You Need It Most
Marina Suffers Property Loss→
Claim Filed with Captive Manager→
Fronting Insurer Pays Claim→
Rated Reinsurer pays Large Losses→
Program Surplus Funds Retained Layer→
At renewal premium is stable!
How Risk is Allocated in a Group Captive
Retained by Members (Predictable Risk)
- Small, routine losses
- Frequency-driven claims
- Capped annual exposure
- Fully budgeted within premium
Examples:
• Minor dock damage
• Slip-and-fall incidents
• Small property losses
Transferred to Reinsurers (Catastrophic Risk) Large fires
Severe storms
Environmental events
Low-frequency, high-severity losses
Protected by:
✔ Global reinsurance markets
✔ Per-occurrence limits
✔ Aggregate stop-loss
Imagine a world where marina owners have control over the risks they face. Where we work together to improve our outcomes.
Take control of your marina insurance today
Professionally-managed, custom-built, stronger coverage. We all win.
About the Sponsor/Founder
Dana Swing- The Tip of the Spear
Dana holds Masters degrees in Finance and Economics. She has over 10 years of commercial lending experience. She knows the perils of marina ownership. And she sees the solution that strengthens the industry. Luckily, it already exists in other industries, but not in the marina industry. Until now.
Now she is bringing it to hers, yours, all of ours. Join her and hundreds of other top-performing marinas to forge a new way into the future of marina risk coverage. It is time for a positive change. Be a part of the change you wish to see in the world.