About ARDAdvantage
A better insurance structure forbest-in-classresorts.
An association-sponsored, ARDA-capitalized group captive, built by Aon, Gregory & Appel, and the American Resort Development Association for strong, well-managed resorts.
ARDA funds all capitalization costs for the captive
No member capital calls or open-ended assessments
Premiums guaranteed by ARDA, even in poor loss years
Our Mission
Rewarding the resorts that manageriskwell.
Best-in-class resorts aren't consistently rewarded in today's property insurance market. Even with strong risk management and favorable loss experience, well-run resort organizations are often priced the same as everyone else, facing higher premiums than their performance justifies, less efficient program structures, and increasing coverage limitations.
ARDAdvantage exists to close that gap.
How It Started
Three partners, onededicatedstructure.
To address these challenges, Aon, Gregory & Appel, and the American Resort Development Association (ARDA) partnered to build and launch ARDAdvantage, an association-sponsored, ARDA-capitalized group captive designed specifically for strong, well-managed resorts.
By pooling best-in-class risks into a dedicated structure, the program was built to deliver:
Pricing
More competitive pricing
Than the traditional market, for qualified participants.
Structure
Coverage tailored to resorts
Improved program structure and coverage tailored to resort risk profiles.
Stability
Greater stability
In an often-volatile property insurance environment.
What Makes It Different
Structured differently fromthestart.
Traditional group captives typically ask members to contribute upfront capital and potentially fund losses above the loss fund through assessments.
Traditional group captive
ARDAdvantage
Sponsorship
Owned and funded by members
Association-sponsored and ARDA-capitalized
Upfront capital
Members contribute capital
ARDA funds all capitalization costs
Losses above the loss fund
Potentially funded through member assessments
No member capital calls or open-ended assessments
Poor loss years
Members carry the exposure
Premiums guaranteed by ARDA
The result is a program that looks and feels like adding another carrier option to your marketing spreadsheet, not like building and running your own captive.
Our Partners
Strategic risk partners to theresortindustry'sbestperformers.
Aon, Gregory & Appel, and ARDA bring the underwriting, placement, and risk management expertise behind ARDAdvantage's structure.
Lead Risk Partner
Aon
Serves as the lead risk partner and preferred captive partner for ARDAdvantage, bringing global insurance brokerage expertise to the program's structure, placement, and ongoing support.
Strategic Risk Partner
Gregory & Appel
Works alongside Aon as a strategic risk partner, helping guide resorts through the program from initial evaluation to placement.
Program Sponsor
ARDA
Brings the program to its membership as the American Resort Development Association, capitalizing the captive and guaranteeing premiums to give members a stable, long-term alternative to the traditional market.
Eligibility
Who ARDAdvantage isbuiltfor.
ARDAdvantage is designed for resorts that:
✓
Are financially strong
✓
Maintain high engineering and risk management standards
✓
Have a solid loss history
✓
Are seeking a more competitive and stable property insurance solution than the traditional market alone is providing
Let's Get Started!
Complete the form below and a member of our team will contact you to discuss your self-assessment and answer any questions you may have.