Unfortunately, the more you dig into something like this, the less obvious are all the ramifications. Experience, beyond total novice is of limited value in assessing risk; age, accident history, net worth, are far more important. There are very experienced sailors who willingly sail into ANY weather and some who leave their boats at a dock in the path of a hurricane when they could have sailed to safety. Most captive insurance plans are created by companies for their own purposes, managed by their own management structure. As much as I like the idea behind it, It's hard to imaging something like this as a co-op, run democratically.

Robert Giroux
Future Amel Owner