Ep026 | WHEN & How To Join Fleet CAPTIVE Insurance | Guest: Tod Bergen, McConkey Insurance

Today we want to answer the question – WHEN can your growing fleet JOIN a CAPTIVE and potential SAVE money through Insurance and HOW? You have probably heard about it throughout the years, but now is the time to dive deep into what a Captive is, and why it should be a goal for your fleet. With me today to help answer this question, and many more, is Tod Bergen… Business Insurance Executive at McConkey Insurance who has over 20 years in the captive business. Tod, welcome to the podcast! 00:00 – Hello Tod Bergen05:38 – Why insurance hates trucking07:55 – Safety tech good?09:57 – Risk management more than insurance?11:50 – What is group Captive insurance?16:03 – WHEN to join captive?21:32 – WHY join a captive?23:50 – Accident happens, then what?26:03 – What’s a good captive?31:03 – Example of successful captive33:45 – GAPS in insurance?38:15 – Future of Trucking advise43:45 – Driver shortage46:28 – Captive Advise