A Risk Retention Group Solution May Be Right for Your Clients

Caitlin Morgan can help you set up an RRG for your clients for their liability exposures. Our experienced staff can assist you in determining whether this alternative solution makes sense.

Risk Retention Groups from Caitlin Morgan

A Risk Retention Group (RRG) operates under the auspices of the 1986 Risk Retention Act (RRA) and is a group self-insurance plan or group captive insurer for the purpose of assuming and spreading risk for commercial liability exposure of its members. All liability exposures, including General Liability, Errors and Omissions, Directors and Officers, Medical Malpractice, Professional Liability, and Product Liability of its owners can be covered. It does not extend to Workers’ Compensation, Property insurance, or to personal lines insurance.


Members of an RRG must be engaged in similar businesses and have similar or related liability exposures among each other. In addition, authorization under the federal statute allows a group to be chartered in one state, but able to engage in the business of insurance in all states, subject to certain specific and limited restrictions.


Caitlin Morgan Insurance Services can assist you with establishing an RRG. Our seasoned and experienced experts can help determine if an RRG makes sense for your clients.


There are three key underlying factors that drive Caitlin Morgan’s success: expertise, responsiveness, and price competitiveness. Each of our staff members has experience as underwriters, providing a level of unparalleled expertise in the markets we serve. Our approach is to look at each risk internally to determine if what we can do and where we can add value. Whether we can write the risk or not, we’ll let our agency partners know immediately if we can provide them with a quote and cover. Our expertise allows us to be responsive to the needs of both the retail agent and the insured being served.

Advantages of a Risk Retention Group

There are also disadvantages to an RRG that should be noted, including that only liability insurance coverage can be written and there is no guaranty fund available for members.

We invite you to learn more about us and how we can help you expand your business.

Contact the experts at Caitlin Morgan today and experience the benefits of working with a new kind of MGU and wholesale brokerage. For more information, call 317-575-4440 or

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