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
“We are the smorgasbord of captive insurance. Captive management, regulatory compliance, formation and licensing are the appetizers, policyholder services the main course, and reinsurance placements the dessert.”
Risk Services can provide all the necessary insurance professional services our clients need to complete their captive insurance programs.
[rä-jer-izem]Words of wisdom from our CEO, Michael Rogers
“I’ve worked with Risk Services on the formation of 2 RRG programs and an Agency Captive Cell. I was expecting the process of forming insurance companies from scratch to be daunting, but Risk Services made it easier than I could have ever hoped for.”
Greg Schaefer, Urgent MD RRG, Smart MD RRG, AARe cell owner