DESIGN & FORMATION
An ounce of prevention is worth a pound of cure
The formation of a new captive insurance company is new territory for even the most experienced broker. Different statutes between regulatory environments, variance in risk distribution structures, and the numerous service providers involved can be confusing to both the broker and the insured.
We provide design and formation consultation services on all types of captive insurance company structures including:
Enterprise Risk Captives
Risk Retention Groups (RRG)
Small Captive Insurance Companies
Our experts will provide you the tools and guidance from beginning to end to ensure that your client ends up in the right structure, and with the right captive partners.
Designed with the insured in mind, our formation consultation services typically include:
Formal RFP and comparison of captive managers
Identification and selection of third-party claim administrators, actuaries, captive legal counsel, captive tax/audit professionals, etc.
Fronting carrier and reinsurance carrier identification and negotiation
Domicile evaluation and comparisons
LET'S GET TO WORK
Have a client that has asked about a captive? Got your eye on a prospect that you'd love to bring into the fold? Want to discuss a current client and see if a captive is a good fit? Send us a quick note and we'll find some time to talk.