Shared Risk. Shared Reward. Shared Success.
Through collective ownership, Boulder members turn insurance into a strategic advantage, not just a cost.
Governed By Members. Designed For Stability.
With Boulder, members shape their own insurance future, sharing in the decisions, the results, and the rewards.
Insurance that Works for Members, Because They Own It.
Boulder turns traditional insurance upside down by giving members ownership, governance, and the power to influence their outcomes.
Control the Predictable. Protect Against the Rest.
Boulder’s captive model helps members manage what they can control and safeguard against what they can’t.
Shared Risk. Shared Reward. Shared Success.
Through collective ownership, Boulder members turn insurance into a strategic advantage, not just a cost.
Strength in Shared Ownership
Boulder brings together like-minded companies to gain control, transparency, and long-term stability in their insurance programs.
Insurance that Works for Members, Because They Own It.
Boulder turns traditional insurance upside down by giving members ownership, governance, and the power to influence their outcomes.
Control the Predictable. Protect Against the Rest.
Boulder’s captive model helps members manage what they can control and safeguard against what they can’t.
Our Captive
Boulder Insurance, Ltd. is a member-owned group captive built on shared strength, stability, and control. By joining together, members gain the power to manage their insurance costs, reduce volatility, and take a proactive approach to risk. Each shareholder plays an active role in the company’s governance and benefits from the collective commitment to safety and performance. With top-tier service partners and a focus on long-term stability, Boulder turns insurance into a strategic advantage—helping members take control of their insurance destiny and build lasting security for the future.
- Member-Owned and Governed
- Greater Cost Control
- Transparent Performance Insights
- Long-Term Stability
Our Captive
Boulder Insurance, Ltd. is a member-owned group captive built on shared strength, stability, and control. By joining together, members gain the power to manage their insurance costs, reduce volatility, and take a proactive approach to risk. Each shareholder plays an active role in the company’s governance and benefits from the collective commitment to safety and performance. With top-tier service partners and a focus on long-term stability, Boulder turns insurance into a strategic advantage—helping members take control of their insurance destiny and build lasting security for the future.
- Member-Owned and Governed
- Greater Cost Control
- Transparent Performance Insights
- Long-Term Stability
Highlights
Highlights
Members
Annualized Premiums
Total Dividends
Benefits of Membership
Ditch the Volatility
Member premiums are no longer directly tied to the unpredictable traditional market. In Boulder, your business’s performance, not outside cycles, is the primary driver of your long-term insurance cost.
Safety Pays
Companies that prioritize safety and actively manage claims generally experience long-term premium reductions and potential returns.
Experience True Transparency
Experience true shared risk with full transparency into where every premium dollar goes, plus the opportunity to build equity and achieve powerful financial efficiencies.
Ditch the Volatility
Member premiums are no longer tied to the unpredictable traditional market. In Boulder, your business’s performance, not outside cycles, is the primary driver of your long-term insurance cost.
Safety Pays
Companies that prioritize safety and actively manage claims generally experience long-term premium reductions and potential returns.
Experience True Transparency
Experience true shared risk with full transparency into where every premium dollar goes, plus the opportunity to build equity and achieve powerful financial efficiencies.
“After years of evaluating the captive market, joining Boulder three years ago has been one of our best risk-management decisions. The transition was seamless, and the collaborative support, claims involvement, and shared safety ideas have been invaluable, we only wish we’d done it sooner.”
CEO
Joined 2023
“Nearly 20 years ago, joining Boulder Insurance Ltd. transformed our approach to risk and safety, helping us build a safer workplace while delivering meaningful financial benefits. The collaboration with safety-focused peers has been invaluable, and we’d recommend Boulder to companies with a strong safety culture looking for shared expertise and long-term strength.”
PRESIDENT
Joined 2008
“Joining Boulder Captive has been one of our smartest decisions, giving us the support, expertise, and control over risk that traditional insurance never did. The relationships we’ve built have added lasting value through insights and connections that strengthen our business well beyond premiums and policies”
CONTROLLER
Joined 2020
Group Captive Insurance vs Traditional Insurance
Group Captive Insurance
vs
Traditional Insurance
Group Captive
-
Owning It
Members share ownership and decision-making power. -
Transparent Costs
Premiums reflect your performance, not market swings. -
Shared Rewards
Investment income and profits stay with members. -
Input Encouraged
Have a voice in selecting service partners and participate in the claims process. -
Stability Through Safety
Strong risk management leads to predictable costs.
Traditional Insurance
-
Renting It
The carrier controls decisions and keeps the profits. -
Unpredictable Costs
Premiums shift with industry trends, not results. -
No Shared Returns
Investment income benefits the carrier, not you. -
Limited Input
Claims and services are
generally managed without your oversight. -
Market Volatility
Rates rise and fall regardless of your performance.
Group Captive
-
Owning It
Members share ownership and decision-making power. -
Transparent Costs
Premiums reflect your performance, not market swings. -
Shared Rewards
Investment income and profits stay with members. -
Input Encouraged
Have a voice in selecting service partners and participate in the claims process. -
Stability Through Safety
Strong risk management leads to predictable costs.
Traditional Insurance
-
Renting It
The carrier controls decisions and keeps the profits. -
Unpredictable Costs
Premiums shift with industry trends, not results. -
No Shared Returns
Investment income benefits the carrier, not you. -
Limited Input
Claims and services are generally managed without your oversight. -
Market Volatility
Rates rise and fall regardless of your performance.
Frequently Asked Questions
What are the benefits of a captive insurance company?
The insurance marketplace has historically endured “hard and soft” market cycles where premiums go up and down with little relation to an actual loss experience. By pooling resources and becoming owners of an insurance company, these swings can be eliminated, making insurance costs not only more predictable but potentially profitable. This is achieved through unbundled services resulting in lower operating costs and the ability to retain investment income.
Is a member at financial risk by being in a captive?
If it is done properly, the company is not. If all the company were doing is each paying a premium into a fund in a bank and hoping the losses didn’t exceed the fund, then yes it would be risky. If, however, the program is structured properly, using a licensed admitted insurance company to act as the fronting company that issues the policy, and if we use a financially strong reinsurance company to insure the catastrophic losses, the risk is minimal. Under this concept, the assumption of risk occurs only in the smaller, predictable layer. By cutting operating costs and earning investment income, financial risk is reduced, and the bottom line is enhanced.
What loss control and claims handling service enhancements are provided by the captive that are not normally available in the traditional insurance marketplace?
The captive has a specialized loss control program administered by various risk control consultants. Claims are administered by Broadspire. Special claim handling instructions are prepared for each member’s specific needs. Since Boulder is capable of securing these services independently on an unbundled basis, members are assured that the service provider is evaluated based on the quality of its work product. In addition, Captive Resources in its advisory capacity assigns a member of its claims and risk control staff as a member advocate. Finally, Boulder conducts two risk control workshops each year which allows for an exchange of information between members that is not possible in the conventional market.
How long do the insureds remain in the captive?
Insureds are committed to the captive for only one policy period. Profits are based upon the policy period in which the insured is a member. The captive does ask members to make a moral commitment for at least three years, to give the member an opportunity to learn and understand all of the workings of the captive.
Can members be assessed if the underwriting results do not turn out as planned?
The company’s loss exposure and its loss fund will be established by the captive’s independent actuary. Typically, any assessment will be driven by the company’s loss experience. Assessments are limited, and members should generally know their expected maximum amount upfront. That said, depending on circumstances, there could be risk of underwriting losses.
Is Boulder a rent-a-captive?
Boulder is not rent-a-captive arrangement. Unlike many other group captives, which are controlled and managed by brokers, and/or agents, this is a captive owned by shareholders, directed by the shareholders.
What coverages are underwritten in the insurance program?
The captive reinsures the carrier for Automobile Liability and Physical Damage, Workers’ Compensation, and General Liability including Products and Completed Operations of its members. Property coverage is available for all casualty members through another captive option.