Is a Captive Insurance Program Right for You?

Mr. McHale oversees all aspects of a distributor owned group captive program and also assists with two multiple class group captives. Duties include reporting responsibility to the captive’s Board of Directors and oversight of the various service providers who assist these programs. He also conducts prospect development and provides assistance on risk control and financial activities to improve each member’s captive experience.

Since his joining of Captive Resources in 1999, the distributor captive has seen its overall premium growth increase seven fold to over $50 Million in premium with approximately 145 active members. The multi-class captive that he assist has also seen similar success and today is over $238 Million and 286 members. He is also active in a multi-class captive program with $35 Million in premium and 120 members. These programs provide control to their members for all aspects of insurance with excellent dividend opportunities. They include coverage for Workers Compensation, General Liability and Automobile for clients who want better control of their insurance costs.

Erik joined Hausmann Group in 2010 and was promoted to Vice President of Property & Casualty in 2024. He is constantly furthering his insurance education and has earned his Certified Risk Manager (CRM), Certified Insurance Counselor (CIC), and Construction Risk and Insurance Specialist (CRIS) designations. He also has an extensive background in designing and running large loss-sensitive insurance programs. Erik’s passion for learning and track record of sales success helped progress his career development into the sales leadership role. On top of all that, Erik is passionate about helping Hausmann Group clients grow and succeed. 

One of Erik’s favorite parts of working at HG is helping to foster the unique culture as a member of the Event Committee. His key to life is always staying young at heart. Erik holds a Bachelor of Business Finance from the University of Colorado at Boulder. Outside of the office, he is active in the Madison community including organizing the annual Agrace Hospice Care golf outing. Erik’s endless energy for life can best be found spending time with his two young children, and his wife, Kelsey.