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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

Recent Blog Posts

Aug
10th
Game of Stones: Examining the Foundational Elements of Effective Negotiation

According to Mark Jankowski, founder of Amplified Learning, effective negotiation requires three things: attitude, tools, and skills. “You can have any one, or even two of those things, but if you don’t put them all together, you won’t be effective,” he said at a recent PSA Partnership Event, “Game of Stones.” Where did he first […]

Aug
3rd
Don’t let interview bias and other missteps lead to a bad hire

When you are recruiting for an open position at your company, you want to hire someone who will succeed in the role. But that’s not always what actually happens. Often, interviewers are drawn to the people they relate to or simply like the most, rather than the candidates who are the most qualified. While that […]

Jul
27th
HIPAA and the Cloud (Benefit Minute)

Cloud computing allows convenient on-demand network access to a shared pool of computing resources (such as networks, servers, storage and applications) that can be rapidly supplied and used with minimal management effort or service provider interaction.   The computing resources are pooled to serve multiple customers and can be scaled to meet changes in demand. 

Jul
20th
A Snapshot of Today’s Most Prevalent Cyber Threats for the Non-Technical Executive, Part 2

In a recent blog post, we shared two prevalent cyber risks that your organization should be aware of — phishing and malware. Of course, those aren’t the only two threats you face when using technology or handling electronic data. This blog post provides an overview of two additional cyber threats to help you build a […]