Back to News
January 23, 2019

Stephens Insurance Announces Partnership with Innovative Captive Strategies

Stephens Insurance, LLC, an affiliate of Stephens Inc., an independent, financial services firm, announced today its partnership with Innovative Captive Strategies (ICS), a captive manager.

ICS serves as a liaison between brokers and a consortium of small businesses grouped together in a captive. The group captive allows small businesses the opportunity to partner with other like-minded employers to gain more control over the cost of employee benefits and access to the same advantages available to much larger companies. This signals a growing trend among small companies joining a captive in order to get optimal health insurance for their employees. According to Ernst & Young there were 7,100 captives globally in 2018, which is an increase of 77.5% since 2013.

“Stephens Insurance and Innovative Captive Strategies have a shared philosophy of managing health risks by changing behaviors and improving outcomes,” stated Tom Kane, Executive Vice President and Director of Life and Health at Stephens Insurance. “Through this partnership, Stephens will be able to provide health insurance solutions to small businesses that have traditionally been unable to access cost effective benefits plans. In addition, it reinforces our mission of providing the right services to companies of all sizes.”

“Together, Stephens Insurance and Innovative Captive Strategies will bring a unique solution for employers seeking greater opportunity to improve the health of their employees,” said Tom Stewart, President of Innovative Captive Strategies. “We are proud to partner with Stephens Insurance and look forward to working with their clients throughout the Mid-South.”

About Stephens Insurance, LLC
Stephens Insurance is headquartered in Little Rock, Arkansas and is one of the largest privately-owned insurance brokerages in the Mid-South. There are currently more than 170 associates throughout Stephens Insurance’s network of offices in Fayetteville, Dallas, Austin, Jackson, Houston, and Birmingham. Stephens Insurance National Producer #8844362

About Stephens Inc.
Stephens Inc. is a full-service investment banking firm headquartered in Little Rock, Arkansas. Since its inception in 1933, privately held Stephens Inc. has served a broad client base which includes corporations, state and local governments, financial institutions, institutional investors and individual investors throughout the United States and overseas. For more information, visit

Media Contacts:
Chenoa Taitt, Stephens Inc.
212-891-1742 /

Holly Lenderman, Stephens Inc.
501-377-8279 /

Media Contact

Chenoa Taitt

For Retail Investors: Form CRS

(800) 643-9691 | Member NYSE, SIPC

© 2021 Stephens Inc. All rights reserved.