They cut people from slightly different cloth in Northern Ontario, and Arthur Fraser (Art to his friends), was a fellow who cut his own cloth. He had a way with heavy equipment, and he seemed to be able to figure up a way through just about any mechanical conundrum. He was one of those guys you could always go to for an answer.
Insurance captives are a way for best-in-class carriers (which apparently we were) to lower their costs by eliminating class underwriting while retaining profits and investment income. Simply put, when you join a captive you become a minority partner in an insurance company owned and managed by like-minded carriers.