Scott Baggot

About Scott Baggot

Captive Resources’ (CRI) mission is to provide companies the opportunity to control their insurance costs through the creation and oversight of member-owned group captive insurance companies.To fulfill its mission, CRI applies its time-tested and proven strategies, which bring the highest quality insurance protection to each individual captive member, while increasing members\' buying power, bringing greater stability and predictability to their insurance costs, and driving profitability to their bottom lines.At the core of its services is CRI’s group captive model, the features of which create exceptional value for its captive shareholders:• A proven risk funding formula;• Flexible unbundled structure;• Proactive loss prevention & claims management;• Best-in-class member companies;• Member-driven corporate governance;• Ongoing member-owner education;• Availability of coverage; and,• Heterogeneous and homogeneous captive options.CRI’s industry-leading insurance professionals support every aspect of the group captives it advises, from claims advocacy to operational oversight, risk management, financial services, investment services and more. A high level of responsiveness and personalized attention ensures that each captive operates smoothly and distinguishes the CRI model from others and from the traditional insurance market.Over the past three decades, CRI has helped create more than 45 group captives with more than member companies that serve businesses and organizations located across the United States. Today, CRI proudly administers five of the top 10 member-owned group captive insurance companies in the world. And it\'s no small task. The company oversees captives with combined premiums over $4 billion and assets in the billions.

Experience

1. AVP, Business Development

   Captive Resources, LLC

   Oct 2022 — Present · US

   With a focus on bringing alternate risk financing solutions to companies through strategic partnerships, in-depth knowledge and experience with member owned group captive programs and extensive placement background as a previous insurance broker, I pride myself on helping companies increase safety, save lives, improve operations, control and reduce insurance costs, and help business owners realize the financial benefits of taking a proactive role in risk management through joining a captive arrangement.

Education

• Rowan University

  Bachelor of Science - BS, Psychology