White Plains, New York, January 27, 2026 – Marsh McLennan Agency (MMA), a business of Marsh (NYSE:MRSH) and a leading provider of business insurance, employee health and benefits, retirement and wealth, and private client insurance solutions across the US and Canada, today announced the launch of Secure Harbor, a group captive insurance company designed specifically for skilled nursing, assisted living, and senior living communities.
Domiciled in Washington, D.C., Secure Harbor offers businesses providing senior living services with similar risk profiles general and professional liability coverage with limits of up to $1 million per occurrence and $3 million in aggregate. Members will have access to MMA’s experienced third-party administrator (TPA) services team and safety consulting experts, many of whom bring firsthand senior living nursing experience. The captive is managed by MMA’s Captive Risk Practice and National Senior Care Practice and is exclusive to MMA clients.
The senior living industry is grappling with a challenging traditional insurance market, driven by rising claims cost due to social inflation and nuclear verdicts together with shrinking insurer capacity. Recognizing these challenges, MMA created Secure Harbor as an alternative risk financing solution tailored to the needs of clients in this sector. This group captive insurance model gives participating organizations greater control over their coverage terms and conditions, more stable pricing over time, and the potential to share in profits when the group performs well.
“In today’s volatile insurance landscape, our senior living clients are vocal about their need for alternative risk financing solutions,” said J.D. Seymour, Vice President of the Captive Risk Practice at MMA. “Secure Harbor provides the flexibility, stability and control that industry leaders need in order to remain focused on sustainable growth.”
