Sacramento-based Owen-Dunn Insurance Services has expanded its captive insurance offering, after seeing growing demand from mid-size business owners.
The company has launched ODI Group Captive, which will offer business owners an alternative to the “volatile traditional insurance market”.
Owen-Dunn has placed more than 100 clients into a group captive. Collectively, these have amassed over $50 million in equity.
In addition, Roger de Lusignan has joined the company as chief operating officer, bringing with him experience in "generating exponential growth" in mid-size firms.
Owen Taylor, president and CEO of Owen-Dunn Insurance Services, said: “We have been refining this niche for nearly 20 years, and now is the right time to take this unique product and expand our marketing outside of California.”
“We’re making a significant investment in the ODI expansion because of the strong demand for this type of insurance coverage.”
