Construction Genius

What if there was a way to manage and control risk effectively all while lowering your insurance costs?    Today, we have Wesley Sierk with us, President and Lead Strategist at Risk Management Advisors — who joins us to talk all about captive insurance. Learn the types of captive insurance you can set up, the obstacles to getting started, and why you should or should not set up one in the first place. This episode is especially for established and growing construction companies. And those who are looking to manage risk, save on costs, and boost personal wealth.   Go ahead and listen to this episode to get a better understanding of captive insurance!   Discussion Points:   • 0:00 Introduction   • 3:08 How long Wesley Sierk has been working in the insurance industry   • 3:58 What's wrong with the insurance industry?   • 10:07 What is a captive insurance company?   • 11:16 Reasons why a construction company owner should get involved with captive insurance companies     • 12:47 How not being able to control premi