Paying More, Getting Less: Why Businesses Are Turning to Captives

In this episode of the Unmitigated podcast, host Van Carlson sits down with Stephanie Forbes, commercial insurance expert and risk advisor, to break down what’s happening in today’s traditional insurance market. The conversation explores why premiums are increasing while coverage is tightening, how exclusions and underwriting changes are impacting business owners, and the role reinsurance plays in rising costs. Stephanie shares insight from her decades in the industry and explains how alternative risk strategies like group captives and self-insurance models can help qualified businesses take greater control. Together, they discuss what makes a company a strong candidate and why proactive risk management matters more than ever.