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Captives in the Hard Insurance Marketplace
Captives in the Hard Insurance Marketplace
Summary:
The insurance marketplace is changing fast. In some areas, it has not been as hard or as distressed as it has been since the mid-80s. Captives have always been a great solution for most middle market staffing companies when it comes to securing long-term protection with cost stabilization. Join TRICOM and Odell Studner in our Industry Insider webinar as we explore all of the advantages and possible disadvantages to captives while also looking at why in a hard insurance marketplace even more staffing companies find themselves with the need to get educated on if a captive is the right insurance solution for them.
By the end of this session, you will obtain a brief overview of the insurance marketplace and know why more staffing companies are turning to captives as a solution.
About the presenter:
As Vice President – Staffing Practice Leader, Tony D’Amicantonio is responsible for the strategic design and implementation of his staffing clients’ insurance programs. He also oversees operations for Odell Studner’s Staffing Practice Group, ensuring his entire team has real-time knowledge of the evolving staffing industry and access to the most innovative insurance products.
Tony works with over 150 staffing clients nationwide whose premiums total over $200 million. He directs the design and implementation of loss-sensitive insurance programs, helping clients to achieve best practices in their operational risk management procedures. A self-proclaimed captive guru, Tony often uses captive insurance programs for his client’s workers’ compensation and employee benefits programs. By understanding each client’s business model at a detailed level, he ensures their programs meet their organizational goals, which ultimately contributes to their long-term success.
Tony is an active board member of the Mid Atlantic Staffing Association and an associate member of the American Staffing Association, as well as other various state chapters. He is an active supporter and participant of Staffing Industry Analyst and its Healthcare Summit and Executive Forum, TempNet Staffing Association, and the Affiliated Staffing Group.
Tony graduated from Penn State University with a Bachelor of Arts in Telecommunications. He earned his Certified Insurance Counselor (CIC) designation from the National Alliance for Insurance Education & Research and his Associate in Risk Management (ARM) designation from The Institutes. Tony’s interests include spending time with his family, playing golf and traveling.
About Odell Studner:
Odell Studner is a niche based risk management consultant and insurance broker whose mission is to partner with forward-thinking companies who understand that taking action to reduce risk accelerates growth and increases profitability.
About TRICOM:
As an administrative and financial solutions provider to the staffing and consulting industry, it is our philosophy to be an active member in the staffing industry by staying abreast of the ever-changing market place. For that reason, TRICOM was pleased to launch the Industry Insider webinar series designed to share our expert knowledge and resources with our fellow staffing industry colleagues. One of our core values is to build relationships and become a leading resource to staffing and consulting firms nationwide.
