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InsurTech eMaxx Announces Successful First Year of Risk Management Technology Driven Energy Group Captive Programs

InsurTech eMaxx Announces Successful First Year of Risk Management Technology Driven Energy Group Captive Programs

Peabody, MA – BUSINESS WIRE – eMaxx announced its successful first year of the energy captive programs since inception. The Vermont-domiciled group captive programs have over 85 members and over $43 million in gross written premium. The two group captives have seen a 46% reduction in frequency and significant impact in the severity of claim outcomes.  eMaxx Assurance Group of Companies, formerly known as Energi, acts as the program administrator and captive sponsor through a wholly owned Vermont subsidiary, eCaptiv LLC.

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