Arizona-based Envision Captive Consultants has launched another group captive, Phoenix Captive Insurance. Launched in March 2023, the Phoenix captive was started by a group of contractors who felt the need to join together to fight against the legal and economic pressures facing their businesses. Envision says it recognised an opportunity to build a general liability defence strategy and safety best practices, and utilise the co-operative buying power to drive down costs for insurance to help the captive members achieve their growth potential. This risk management-focused programme is a heterogeneous contractor programme in partnership with insurer AXA XL. Andrew Cardoza, relationship manager at Envision Captive Consultants, comments: “We’ve built one of the most unique group captives in the industry and brokers want to be a part of it. “This captive programme is growing within Envision’s pre-qualified broker network, which includes a partnership with the InCite Network [the global broker community].”
