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Episode 86

6/27/22

Topic: How Captive Insurance Works

Guest: Todd Burke, COO, PestSure



In this episode we discuss:

  • How PestSure got started

  • How captives work and why many are based in Bermuda

  • Captive vs. traditional insurance

  • What companies can do to get better rates

  • How safety culture plays a role in your rates

  • The difference between being a PestSure shareholder or an insured

  • Who is a good fit as a client for PestSure

  • The No. 1 safety problem in the industry

  • How some companies don't have enough umbrella coverage

  • How PestSure has been affected by industry consolidation

Resources mentioned:

  • PCT Top 100 list

  • Todd Burke's contact information: Todd.Burke@Alliant.com; 214-794-1635

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