Our “bodega” is open for best-in-class businesses.

Tangram is ready to get to work for you.

Bodega Insurance Program

Bodega Insurance Program is a member-owned group captive that allows business owners to take control of their insurance program in the same way they control their own business and, ultimately, their financial destiny. Exclusively offered through Tangram and by invitation only, we look for best-in-class businesses whose leaders want to actively engage in controlling and managing risk while fostering a culture of safety for their firms and employees and outperforming industry peers.

Why Businesses Join Bodega

Business owners eligible to join Bodega Insurance Program enjoy several key advantages:

  • Participation in premium savings, in lieu of giving up those savings to insurance companies
  • Benefit from investment income on funds held
  • Exit the unpredictable standard insurance market where the best businesses subsidize the worst
  • Ability to develop a stronger safety culture through members’ sharing practices and greater access to better risk management resources
  • Camaraderie of other like-minded business owners who are the best in their industry

Who Makes A Good Candidate for a Captive

A captive may make sense for businesses with the following characteristics:

  • Favorable loss history
  • Privately owned with entrepreneurial structure
  • Financially strong and stable
  • Have an appreciation for long-term business partnerships
  • Currently paying annual premiums in excess of $200,000 for Workers Compensation or $300,000 for their combined Automobile, General Liability and Workers Compensation coverages


How the Bodega Insurance Program Works


  • Workers Compensation
  • Automobile
  • General Liability

Our Program Team

To learn more about the Bodega Insurance Program and to discuss the opportunity for your clients to join the captive, please contact us.

Tracy Bernard

SVP Strategy & Program Development

Marketing Resources

We’ve created at-an-glance flyer for the Bodega Insurance Program well as a Tangram Program Guide for an overview of all our programs and products.

Program Description Disclaimer: This Bodega Insurance Group Program Description is neither an offer to sell, nor a solicitation of an offer to buy securities or any interest whatsoever in the legal entities which may deliver or provide access to any insurance benefits of the program. Offers of ownership are made only through documents, agreements and other descriptive materials made available to potential investors who meet certain financial and insurance underwriting requirements, and who demonstrate interest in becoming owner/insureds in the Bodega Insurance Group Captive Program. Documentation and other disclosures relevant to such potential ownership are only available through the program’s off shore captive manage who will, upon request, communicate directly and confidentially with prospective investors.

Ready to Learn More?

Located across the Golden Gate Bridge, just outside of San Francisco, Tangram is a full-service Managing General Underwriter and Program Manager offering specialty programs. We focus on industry-relevant coverage, competitive pricing, and practical business and risk management solutions for your clients. Since we are not all things to all people, we make sure to create outstanding custom-built solutions that matter to those businesses, and the brokers who serve those industries.

Every day we work on making life easier for you. Whether it’s the submission process, delivering quotes, or servicing accounts – we are determined to break new ground. We are constantly building so we can constantly help you build.

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