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Captive Programs

Once we have identified a captive program is the best route for your organization, our Risk Solutions team will provide recommendations on the venue to use, whether on-shore or off-shore.

Whether you are a private organization or an entity in a group of similar organizations, our experienced Risk Solutions team will help you determine if a captive program is the right solution for you. Depending on your volume of claims, premium, and revenue, a captive program may work better for you than the traditional insurance model. We will first determine if your losses combined with your administrative costs would be less than the annual premium you pay to an insurer. If so, we will then set-up and manage either a single owner captive or group captive for your needs.

If a captive program is the best route for your organization, our Risk Solutions team will provide recommendations whether you should use on-shore or off-shore solutions. We know the ins and outs of the cities, states and countries with captive program legislation and can compare all of your options to help identify the right one for you.

Once the right solution is selected, we will direct you to a group of experts including actuaries, banks and tax accounts who will help complete the captive program set-up process. We will also help you choose your captive program management team including legal advisors and accountants as well as ensure you fulfill all of the annual requirements. We will become your captive manager.

In addition, if you are interested in re-insurance for your captive company, we can find and recommend a re-insurance company.

Areas of Risk Management

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Cyber security

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male contraception and sterilization procedures coverage

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Maryland Healthy Working Families Act (MHWFA)

Maryland Healthy Working Families Act (MHWFA)

On January 12, 2018, the Maryland legislature enacted the Maryland Healthy Working Families Act (MHWFA) by overriding Governor Hogan’s veto from the prior legislative session. The MHWFA requires all Maryland employers to provide sick and safe leave to eligible employees.  Legislative attempts to delay the effective date of the Act have been unsuccessful, so it is […]