KA Insurance Named One of America's Top Brokers

 
    Kraus-Anderson Insurance has been named one of Affinity Captive's Top Five Brokers in America for 2010. KA Insurance has received the prestigious honor three of the past four years. Affinity Insurance Ltd. is the second- largest, memberowned alternative risk facility in the world.

 KA Insurance is one of the leading agencies in the U.S. with expertise in the highly specialized field of alternative risk strategies  such as captives, which provide substantial savings to strong, financially stable companies with above average safety programs. Captives are member-owned plans in which member companies from both the same or diverse industries share similar potential for risk. In addition to dramatically reducing premium costs, captives return underwriting profits and investment income to members in the form of dividends.

 In 2001, KA Insurance brought up the concept of a captive program to St. Paul-based Interplastic Corporation, which has been a member of Affinity ever since.

"Our partnership with KA and Affinity has been an important and valuable tool for us in controlling our premium costs and managing our operational risks," said David Engelsgaard,vice president of finance at Interplastic Corporation.