Take
Unprecedented
Control
Take
Unprecedented
Control
Of Your
Insurance
Own your risk, reduce your costs, and gain lasting financial control.
Of Your
Insurance
Set Your Course
For businesses in today’s competitive marketplace, insurance is rarely considered a strategic advantage. The combination of sparse, limited coverage and unpredictable premiums leaves businesses with few options that deliver lasting value.
Raffles Insurance Limited (Raffles) was created to give quality businesses a better option for their commercial insurance needs, providing adequate insurance coverage at affordable rates for Workers’ Compensation, Automobile, and General Liability.
40 +
Years of Service
One of the world’s largest heterogeneous group captives for four decades
Captive Partners
Coverage for the highest performing businesses in the United States
$ 367 M
In Premiums
Raffles has given hundreds of companies the control to transform their insurance from an expense to an asset
Become a Captive Leader
Discover how joining Raffles puts you in control — transforming your insurance spend into strategic ownership that drives long-term value for both leadership and financial operations.
Raffles for Executives
Raffles is set apart from other insurance programs in that you are not buying a policy; you are taking part in owning an insurance company. With this ownership comes an array of benefits for the betterment of your company’s culture and financial outlook.
Raffles for Financial Managers & Directors
In the traditional insurance market, companies are forced to weather unpredictable fluctuations in their industry’s insurance premiums. Raffles partners can leverage the stabilization of premiums and the improved management of risk through effective loss control.
Why Join the Raffles Captive?
Membership in the Raffles Captive goes beyond coverage—it’s a strategic investment in your people, your performance, and your potential.
Improve Workplace Safety
Raffles partner companies are bonded by a shared commitment to the safety of their employees and loss control. Members are given actionable steps and proven recommendations for improving business practices with safety in mind.
Financial Benefits
By joining together to create true sharing of risk, shareholders are able to not only lower premium costs, but collectively may generate opportunities for dividends. This financial advantage, coupled with extensive coaching on loss control, helps to translate to safer employees and fewer claims.
Collaborative Culture
One of Raffles’ differentiating factors is the active participation of its shareholders in the success and direction of the Company. This collective input and shared interest creates a constructive network of business leaders eager to improve their own companies and contribute to the success of their fellow partners.
Do I Qualify?
Raffles partners are nationally recognized as leaders in their industries, adhering to the highest standards of business excellence. We select organizations on the basis of managerial commitment to safety, financial stability, engagement with the program, and a minimum casualty premium.
Partner Profile
Raffles partner companies are not merely purchasers of an insurance policy, but shareholders in an insurance company. As such, partners are invited to actively participate in the overall direction of the Company, including the collective reduction of claims through robust loss control.
Due to the nature of shared risk and collective interest in the success of the Company, Raffles partners are selected on the basis of:
Management’s Commitment to Safety
Financial Strength
Average or Better Loss Experience
Alignment with Raffles Philosophy
Minimum Casualty Premium of $150,000
Benefits of Captive Partnership
Captive insurance offers an innovative and flexible alternative to the traditional market, giving businesses more control over coverage, premiums, and risk management. As one of the world’s leading captives, Raffles helps companies achieve greater transparency, financial advantages, and long-term cost savings.
Gain greater control over insurance costs
Avoid the volatility of traditional market rates by participating in a captive where your company’s performance directly impacts your premiums.
Reward strong safety and risk management practices
Companies that prioritize safety and manage claims effectively benefit from long-term reductions in both premiums and claims.
Access greater transparency and financial advantages
Captive partners experience true shared risk, clear visibility into premium use, and potential tax efficiencies through Raffles' Cayman Islands domicile.
Hear From Our Valued Partners
You really do have control of your destiny. One of the most important variable costs in any company is your workman’s compensation, property casualty, all very highly controllable.
Chairman/CEO
Partner Since 1995
It’s entrepreneurial in spirit, it’s innovative in practice, and proven results over 30 years. It’s transformed our company, made us better than we ever thought possible.
Owner
Partner Since 2000
Joining Raffles was not just the best insurance decision our company made, it is possible the best business decision we've ever made.
Vice President
Partner Since 2019
