Ascend Group Captive

The first ever, member-owned group captive program designed specifically for the vegetation management and tree care industry

A Unique Resource

No matter the setting, tree care management involves risk and often results in expensive or limited coverage options. Some organizations don’t even have access to coverage, while others are paying a steep price for the minimal coverage they do have.

Our team of specialized tree care industry experts work closely with you and your business to reduce overall insurance costs, provide robust safety training, and offer you a unique solution to grow your business.

How You Benefit

In a traditional insurance model, organizations with few claims wind up subsidizing those with many claims. With a captive, however, premiums are based on the risk associated with the participating organizations, not the entire industry. So when a select group of safety conscious tree care experts form a captive, they pay significantly less for insurance coverage but still have appropriate protection against risk.

Control

As a member youʼll dictate:

  • service provider selection
  • claims handling
  • program structure

Cost

Unlike traditional insurance, youʼll pay based on usage, not market rates. Additionally, any profit that would typically be given to the insurance companies are instead returned to our members.

Stability

By joining the program, youʼll avoid the fluctuation of cycles as seen in traditional insurance, regardless of your needs and performance.

In addition, the Ascend Captive provides unique resources that are specifically directed toward the vegetation management and tree care industry. These resources are focused around delivering results that will ultimately reduce the ultimate cost of insurance for vegetation management and tree care professionals and give them an advantage over their competitors.

Experience Matters

Ascend uniquely caters to best-in-class vegetation management and tree care companies who have excellent safety measures and are tired of the inefficiencies of the standard market that create:

  • Inherent pricing swings regardless of a company’s risk management practices
  • Pricing reactivity in the event of a catastrophic loss
  • Above average companies within the industry subsidizing poorer performing companies through class rating

Our team of specialized tree care industry insurance specialists will work closely with you to determine if the Ascend Captive is the right solution for your organization’s needs and exposures.

forest engineer

Resources & More

Learn How Ascend Members Benefit from Integrating Key Loss Control Strategies Integrates Loss Control

Loss control becomes a strategic asset that directly influences financial stability and growth within a group captive framework. Download our article to learn how the Ascend Group manages a proactive loss control strategy

Ascend Thought Leadership article

Contact Us

Reach out to us today to see if our program is a good fit for you! Fill out the form and a representative will get back to you shortly.