Single Parent Captives
Taking control of your insurance program
Single parent captives are typically formed as subsidiaries of legal entities, the “parent” in this context. These types of captives insure the risks of that entity, and potentially of its subsidiaries and affiliates as well.
Below are some of the benefits of choosing a Single Parent Captive
- Share in underwriting profits and related investment income
- Enhanced control over their insurance program
- Flexibility with respect to coverage forms and claims handling
- Incentive for risk management and loss control
- Access to reinsurance markets
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
“The best thing about the alternative insurance market is the unlimited number of options. The worst thing about the alternative insurance market is the unlimited number of options!”
While the multitude of options available in the alternative insurance marketplace can be a benefit, it can also be problematic as captive insurance prospects can become overwhelmed. Risk Services assists its clients in sorting through these options and focusing on the best solutions to accommodate their formation and ongoing success.
[rä-jer-izem]Words of wisdom from our CEO, Michael Rogers
“Over the last 15 years, Risk Services, LLC has provided CARE Risk Retention Group, Inc. with unparalleled captive management, regulatory and financial services. They remain at the forefront of the industry, consistently providing innovative solutions to complex business strategies. One would be incredibly hard pressed to find a more experienced group of highly-qualified professionals to aid in both the formation and management of a new risk retention group venture.”
Greg Cook, CARE Risk Retention Group, Inc.