Property & Casualty Insurance

Personal Coverage

Cornerstone Financial Services Group is a trusted provider for meeting the personal insurance demands of both individuals and households. Our personal risk management strategies assist you in protecting your home, vehicles, fine art, jewelry, collections, and other prized possessions.

Business Insurance

Cornerstone Financial Services Group is here to support you in addressing your commercial insurance necessities, such as business liability, workers’ compensation, and employee benefits schemes. Additionally, we aim to mitigate the disruption a disaster could inflict on your business. We’ll help to minimize your exposure, offer strategic advice, and negotiate with insurers to identify the best and most fitting products and solutions.

Captive Insurance: A Risk Management Solution for Businesses

Captive insurance serves to manage the insurable risks of operating a business, while concurrently offering supplementary benefits not typically tied to conventional insurance. Captive insurance is procured from a captive insurance company (hereafter referred to as ‘captive’) that can be created by the business owner seeking insurance. This enables the primary business to take control of its own risk management strategies by self-insuring against risks that are generally unavailable or excessively costly in the traditional insurance market.
This type of insurance tends to be less costly than standard commercial insurance because it can be tailored to the precise needs of the primary business. Moreover, given that the primary business and the captive usually share the same owner, the insurance company can be less resource-intensive due to the favorable tax benefits linked to wealth conservation.
Captive insurance is a time-tested risk management tool, historically utilized by larger corporations – with many Fortune 500 companies employing captives or initially establishing as captives. However, recent legislative changes have allowed small-to-medium enterprises to implement the same captive insurance strategies that larger companies have benefited from for years. Cornerstone Financial Services Group offers captive insurance advisory services aimed at navigating businesses through the process of setting up and managing a captive. This type of insurance tends to be less costly than standard commercial insurance because it can be tailored to the precise needs of the primary business. Moreover, given that the primary business and the captive usually share the same owner, the insurance company can be less resource-intensive due to the favorable tax benefits linked to wealth conservation.

You are leaving this website.

Before you proceed, we would like to alert you that you are navigating away from this website to access another website that offers fixed insurance and brand marketing.

Insurance

Financial Planning

Investments