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2017 Dividend Announcement

The Captive Advantage, LLC (TCA) is pleased to announce its 2017 dividend distribution of $448,294.

In the past six consecutive years, TCA has provided:

  • Dividend distributions of just over $2.6 Million
  • Premium savings of approximately $6.9 Million

Established in January 2009, The Captive Advantage (TCA) is a group captive insurance solution created exclusively for the benefit of Human & Social Service organizations and is available through your local insurance agents. TCA, which is owned by the members, returns the program’s profits to its participants. Our mission is to provide exceptional risk management and loss control services to significantly reduce our members’ insurance costs. If you are interested in learning more about TCA and how this group captive program may benefit your organization, then please contact your agent. For more information, please visit us at www.tcains.com

Member Organizations

2017 member logos

20170403 092841 We hope you had a chance to visit our booth at the 2017 National Council for Health “NATCON” Conference. 

We had a booth at this year’s NATCON conference

An Art Solution For An Underserved Market

Social services agencies can benefit by taking control of their risk management procedures. Click below to read the PDF.

 pdfAn Art Solution For An Underserved Market3.85 MB

2016 Dividend Announcement

The Captive Advantage, LLC (TCA) is pleased to announce its 2016 dividend distribution of $810,303. In the past five consecutive years, TCA has provided:  Dividend distributions of nearly $2.2 Million  Premium savings in excess of $5.3 Million Established on January 1, 2009, this unique group captive insurance program, created exclusively for the benefit of Human & Social Service organizations, is open to all insurance agents. TCA’s mission is focused on developing strategies that include an aggressive risk management program to better control the members’ loss experience. If you are interested in learning more about TCA and how this group captive program may benefit your organization, then please contact your agent. For more information, please visit us at www.tcains.com

2016-Dividend-Chart

Member Organizations

2016 TCA Dividend Announcement

2015 Dividend Announcement

The Captive Advantage, LLC (TCA) is pleased to announce its 2015 dividend distribution of $676,000.

TCA in the past four consecutive years has provided:

  • Dividend Distributions in Excess of $1.3 Million
  • Premium Savings in Excess of $4.5 Million

TCA was launched on January 1, 2009 and is a group captive insurance program created exclusively for the benefit of human service organizations. TCA is open to all insurance agents and is a proud partner with Philadelphia Insurance. Your organization could be ready to join the fast growing ranks of agencies who are now enjoying these savings. Speak with your agent to explore this opportunity and for more information, please visit us at www.tcains.com

2015-Dividend-Chart

Member Organizations

 2015 Dividend Announcement - Final

2013 Dividend Announcement

The Captive Advantage LLC (TCA) is pleased to announce that on March 14, 2014, the Board of Managers approved the distribution of a $393,000 dividend to North American Family Institute, Justice Resource Institute, Key Program and Bay Cove Human Services, YOU Inc., Spectrum Health Systems for their participation in the 2009, 2010, and 2011 plan years. TCA in the past three consecutive years has provided dividend distributions to those members who have qualified and participated in the captive program’s 2009, 2010, and 2011 plan years in an amount totaling approximately $678,000.

TCA is a Limited Liability Company (LLC) whose owners/members are exclusively made up of Human & Social Service Agencies. Our mission is to provide exceptional risk management and loss control services to our members which has significantly lower their insurance costs. TCA is now an open market insurance solution and we are a proud partner of Philadelphia Insurance.

image003(From right, Robert Vermes, TCA poses with Bill Lyttle, Key Program, Daniel Nakamoto, North American Family Institute, Susan Stubbs, ServiceNet, Bill Sprague, Bay Cove Human Services, Andy Pond, Justice Resource Institute, and Jeffrey Fox, USI)

2009 – 2013 TCA Premium Savings Average

Premium Savings Percentage
$9,892,075 $3,919,852 40%

Members & Membership Date

North American Family Institute: 1/1/09

Bay Cove Human Services: 4/1/10
The Key Program: 4/1/10
Justice Resources Institute: 5/15/10
Y.O.U. Inc.: 12/31/10

Spectrum Health Systems: 7/1/11

High Point Treatment Center: 1/1/12
ServiceNet, Inc.: 2/15/12
Wayside Youth and Families Support: 5/1/12

Spurwink Services Inc.: 1/1/13
Rutland County Community Services: 4/1/13

“Maintaining financial stability in the Human Services field has become increasingly difficult. These dividend distributions represent important and large savings which are available to other Human & Social Services organizations who qualify to join our group.”

If your Human or Social Service organization is interested in learning more about The Captive Advantage, LLC and how it can benefit your organization, please contact;

Robert S. Vermes at 508-341-2356 or e-mail at This email address is being protected from spambots. You need JavaScript enabled to view it.

OR

Jeffrey J. Fox, CPCU, ARM at 603-665-6193 or e-mail at This email address is being protected from spambots. You need JavaScript enabled to view it.

Coverage includes: General Liability, Professional Liability, Abuse & Molestation, and Automobile.

2012 Dividend Announcement

The Captive Advantage LLC (TCA) is pleased to announce that on March 7, 2013, the Board of Managers approved the approximate distribution of a $175,000 dividend to North American Family Institute, Justice Resource Institute, Key Program and Bay Cove Human Services, for their participation in the 2009 and 2010 plan years. TCA in the past two consecutive years has provided dividend distributions to those members who have qualified and participated in the captive program’s 2009 and 2010 plan years in an amount totaling approximately $285,000.

TCA is a Limited Liability Company (LLC) whose owners/members are exclusively made up of Nonprofit Human & Social Service Agencies. To our knowledge, this is the only program of its kind in the United States for Human & Social Service Organizations. Our mission is to provide exceptional risk management and loss control services to our members which may significantly lower their insurance costs. TCA is a proud partner of USI Insurance Services LLC. For more information please visit us at our website; www.thecaptiveadvantage.com

2009 – 2012 Summary of Financial Results

2012-Graph2

2009 – 2012 TCA Premium Savings Average

Premium Savings Percentage
$5,490,620 $2,412,926 44%

Members & Membership Date

North American Family Institute: 1/1/09

Bay Cove Human Services: 4/1/10
The Key Program: 4/1/10
Justice Resources Institute: 5/15/10
Y.O.U. Inc.: 12/31/10

Spectrum Health Systems: 7/1/11

Southeast Regional Network: 1/1/12
ServiceNet, Inc.: 2/15/12
Wayside Youth and Families Support: 5/1/12

Spurwink Services Inc.: 1/1/13
Rutland County Community Services: 4/1/13

“Maintaining financial stability in the Human Services field has become increasingly difficult. These dividend distributions represent important and large savings which are available to other Human & Social Services organizations who qualify to join our group.”

If your Human or Social Service organization is interested in learning more about The Captive Advantage, LLC and how it can benefit your organization, please contact;


Jeffrey J. Fox, CPCU, ARM at 978-983-6831 or e-mail at This email address is being protected from spambots. You need JavaScript enabled to view it.

OR

Robert S. Vermes at 508-341-2356 or e-mail at This email address is being protected from spambots. You need JavaScript enabled to view it..

Coverage includes: General Liability, Professional Liability, Abuse & Molestation, and Automobile.

The Captive Advantage pays dividends

IMG 3747

The Captive Advantage Board of Managers returned a $175,000 dividend to Bay Cove Human Services, Justice Resource Institute, Key Program and North American Family Institute (NFI) for their participation in the 2009 and 2010 plan years. This is the second consecutive year that TCA has issued dividends, totaling $285,000. TCA is a member-owned group captive insurance program for human service provider organizations. For more information, contact Jeff Fox, USI Insurance Services LLC, 978-983-6831 or This email address is being protected from spambots. You need JavaScript enabled to view it.. Pictured here are, from left, Jeffrey Fox, Sue Stubbs of ServiceNet, TCA CEO Robert Vermes, Andy Pond of JRI, Bill Sprague of Bay Cove and Ron Ardine of Key Program.

The Captive Advantage 2011 Results

The Board of Managers of The Captive Advantage (TCA) is pleased to announce that as of December 31, 2011, the current premium savings to member participants is 49% of Captive Eligible Premiums* for the 2011 Calendar Year.

"This percentage represents important and large savings that is available to other Human & Social Services organizations who qualify to join our group."

TCA’s 2011 premium savings – which represent approximately $818,997 are as follows:

2011-Captive-Eligible-Premium-edited

2009 – 2011 Summary of Financial Results

2009-2011-Summary-of-Financial-Results

2009 – 2011 TCA Premium Savings Average
Premium Savings Percentage
$3,165,177 $1,359,613 43%

Members & Date Joined

North American Family Institute: 1/1/09
Bay Cove Human Services: 4/1/10
The Key Program: 4/1/10
Justice Resources Institute: 5/15/10
Y.O.U. Inc: 12/31/10
Spectrum Health Systems: 7/1/11

2012 - New Members

Southeast Regional Network: 1/1/12
ServiceNet, Inc.: 2/15/12
Wayside Youth & Family Support Network, Inc.: 5/1/12

Board of Managers, The Captive Advantage

Dr. Yitzhak Bakal, North American Family Institute
Kerry Horgos, Bay Cove Human Services
William Lyttle, The Key Program
Roger Marcorelle, Banker retired
Daniel Nakamoto, North American Family Institute
Mark Schueppert, Justice Resource Institute
Janet Langlois, Spectrum Health Systems
Paula Aiello, Y.O.U. Inc.
Daniel Mumbauer, Southeast Regional Network
Bruce Barshefsky, ServiceNet Inc.
David Simmons, Wayside Youth & Family Support Network, Inc.
Robert Vermes, The Captive Advantage

Our members while participating in the captive operate programs in Maine, Vermont, New Hampshire, Rhode Island, Massachusetts, New York, Connecticut, Virginia, Florida, Maryland, Iowa, Tennessee, Georgia, and Washington State.

If your Human or Social Service organization is interested in learning more about The Captive Advantage, LLC and how it can benefit your organization, please contact


Jeffrey J. Fox, CPCU, ARM at 978-983-6831 or e-mail at This email address is being protected from spambots. You need JavaScript enabled to view it.
OR
Robert S. Vermes at 508-341-2356 or e-mail at This email address is being protected from spambots. You need JavaScript enabled to view it..

* Coverage includes: General Liability, Professional Liability, Abuse & Molestation, and Automobile.

Captive Advantage pays dividends

march2012-eedition copyRobert Vermes, CEO of The Captive Advantage, presents the first dividend check – for $110,000 to North American Family Institute. Accepting for NAFI are President Dr. Yitzhak Bakal, center, and Daniel Nakamoto, executive director of administrative services, left.

The Captive Advantage, LLC (TCA) was launched Jan. 1, 2009 and is an alternative insurance and risk management solution created exclusively for human service organizations, and may be the only program of its kind in the U.S. for human and social service organizations. TCA is a group captive insurance company with lines of coverage that include: auto, general liability, professional liability and sex abuse and molestation. The Board of Managers of TCA announced that as of Dec. 31, 2011, the current 2011 calendar year premium savings to member participants was 49 percent of the captive eligible premiums, which represent approximately $818,997. TCA has maintained an estimated three-year premium savings average of 43 percent of the captive eligible premiums, which represent approximately $1,359,613. This percentage represents an important and large savings that is available to other human and social services organizations that qualify to join.

TCA is a part of TD Insurance, the Council’s exclusive endorsed insurance vendor.

Beating the insurance quandary with group captive insurance

In a traditional business insurance model - which entails the sharing of risk across a broad spectrum of organizations - agencies with the fewest losses are helping to pay claims of organizations with the most losses. In the end, the best performing organizations are paying more than they should.

However, there is a way to defeat "The Insurance Quandary." This is particularly important in today's economic environment, when every dollar in your organization's budget must be carefully controlled. Lowering expenses frees up resources that are best put to use in support of your organization's mission.

Defeating ''The Insurance Quandary" is something that many leading organizations (both for-profit and not-for-profit) have been doing for years. These organizations are abandoning the traditional way of purchasing insurance and moving to an alternative method. In doing so, those left in the traditional marketplace might experience increased insurance costs because they are now sharing risk with poorer performing organizations that have no other alternative. Also, by remaining in the traditional marketplace, these organizations are at the mercy of the swings in pricing that are part of the cyclical nature of insurance.

In 2006, TD Insurance, Inc. and North American Family Institute, with support from the Providers' Council, set out on a mission to defeat "The Insurance Quandary." The result of this effort was the creation of The Captive Advantage, LLC, a group captive insurance company for the human services field.

The Captive Advantage, LLC, which was launched on January 1, 2009, is an alternative to the traditional method of insuring risk. It is designed to insure the exposures of human service agencies that have a track record of minimal insurance claims, helping them to take control of their insurance program, as opposed to being at the mercy of the insurance marketplace.

In taking a group approach, The Captive Advantage, LLC offers additional benefits beyond just beating "The Insurance Quandary" - the most significant being that in sharing risk with organizations that are also experts in controlling losses, the economic benefit is enhanced even further. This group approach offers a long-term, lower-cost solution to the traditional insurance market. It also offers organizations more control over their insurance programs, and ensures that income generated within the Captive benefits the participants - not the insurance companies.

The Captive Advantage, LLC is currently structured to insure the general liability, professional liability, abuse & molestation and automobile risk of its member organizations. In 2009, the North American Family Institute saved $200,000 - more than 40% - on its general liability, professional liability, abuse & molestation and automobile premiums.

TD Insurance, Inc., which has been a partner of the Providers' Council for more than 30 years, is the broker for The Captive Advantage. TDI can help the Council's members analyze their suitability for participation in The Captive Advantage, and review the pros and/or cons of this non-traditionai approach. (Be sure to mention that you are a member of the Providers' Council.)

With every dollar more important than ever, it's critical to look to new and innovative ways to help your organization save money. Beating "The Insurance Quandary" is a good first step.

TD Insurance is a Providers' Council Endorsed Business Partner. Jeff Fox can be reached at 978-983-6831 or This email address is being protected from spambots. You need JavaScript enabled to view it.. Robert Vermes can be reached at This email address is being protected from spambots. You need JavaScript enabled to view it..