Learn About Captive Insurance
Captives are licensed insurance companies formed under specific regulations, typically to insure or reinsure the risks of its owners or related parties. The captive insurance industry enables sophisticated insurance consumers the potential to develop innovative insurance solutions that fit their needs better than traditional insurance products.
CAPTIVE INSURANCE CAN TAKE SEVERAL FORMS:
Click above to learn more about the many possibilities captive insurance can offer your business.
At Risk Services, we focus exclusively on the alternative insurance market. The combined captive management experience of our principals and primary staff encompasses over 100 combined years in the formation and operation of over 250 captives located both onshore and offshore. These include, but are not limited to, single parent captives, Risk Retention Groups (“RRGs”), association captives, industrial insured captives, reciprocal captives, protected cell captives, self-insurance groups, and rent-a-captives.
Domicile Options
Risk Services is approved to serve as a captive manager in all of the following domiciles:
On-shore:
- Vermont
- South Carolina
- District of Columbia
- Nevada
- Hawaii
- Arizona
- Tennessee
- Montana
- North Carolina
- Alabama
- Delaware
Off-shore:
- Bermuda
- Turks & Caicos
Contact Risk Services
Let Risk Services help you navigate through the alternative insurance maze. Reach out to discuss how our innovative insurance solutions can fulfill your business needs.
Contact UsRogerisms
“Mind the gap.”
In London, this means beware of the gap between the concourse and the subway car. In captive insurance, this means beware of the collateral required by the fronting carrier between the loss fund and the aggregate attachment point.
[rä-jer-izem]Words of wisdom from our CEO, Michael Rogers
“Centurion has worked directly with Risk Services since the formation and inception of our program over the past 15 years. Risk Services has been an invaluable partner that has provided captive management services, financial reporting, regulatory advisement, and reinsurance placement for Centurion. Risk Services and their staff have always exemplified the quintessential characteristics of hard work, honesty, and integrity. Our partnership with Risk Service has been critical to the development and success of our program.”
Sean Mintz, Centurion Risk Retention Group, Inc