It is expected that each Member, minimally, place their General Liability and Workers’ Compensation insurance with ACIG.

ACIG provides a general liability policy limit of up to $10,000,000. ACIG provides workers’ compensation with statutory coverage. It is rare for a captive to be able to provide such limits.

$3,000,000 is the ground-up premium minimum that makes the ACIG Program viable for a prospective Member. This can be any combination of General Liability, Workers’ Compensation, Automobile Liability, and CCIP.

ACIG also writes the following coverages:

• Automobile Liability with limits up to $5,000,000.
• Contractor Controlled Insurance Program (CCIP) which can include General Liability, Excess Liability, and Workers’ Compensation.
• Supplier / Subcontractor Default Insurance (SSDI) with limits up to $5,000,000.
• Auto Physical Damage
• Deductible Reimbursement Policy
• Surety Reinsurance

ACIG utilizes its Risk Purchasing Group to provide the following group programs:

• Contractor Pollution and Professional Liability Insurance (CPPI) with group limits of $100,000,000.
• Cyber Liability Insurance with group limits of $50,000,000.
• We are currently exploring options for
  • High Excess Group Coverage
  • Executive Risk Group Coverage

ACIG currently has 40 active Members.

ACIG’s Executive Committee (made up of its Members) has set a limit of 40 active Members. It’s unlikely that the membership limit will change given the desire for the Members to truly know those who they are sharing risk with.

A stock purchase of $75,000 is required, along with purchase of a subordinated debenture equal to 10% of the estimated annual first-year premiums for the Member.

Yes. When ACIG was originally formed, the first Members were direct. Now, virtually all new Members utilize the expertise and services provided by their broker.