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
“Many prospects are lost in the captive wilderness. First we have to get you to the starting line, so we can get you to the finishing line.”
Due to the vast number of options/solutions available in the captive industry, prospects often spend exorbitant amounts of time and money trying to develop a captive program. Risk Services helps our prospective clients focus on the best and most viable options and then delivers.
[rä-jer-izem]Words of wisdom from our CEO, Michael Rogers
“In 2006, Communities of Faith risk retention group was not pleased with their captive manager. Risk Services came in and provided the professionalism and expertise that was lacking and has been providing excellent service for the past 12 years. Troy Winch and Mary Garofalo have been incredible to work with and their counsel has made Communities of Faith a great risk retention group.”
Perry Smith, USI Southwest