Captive Management, Inc. As Your Captive manager

Risk management needs vary depending on the:

  • Geographic location of business operations
  • Logistics of getting goods and services to the customer and the manner of settling accounts
  • Steps taken to reduce exposure to loss
  • Existing commercial insurance coverage in place

We help you work through risk management analysis of exposures, business concerns and industry issues currently not addressed by loss control measures and your commercial insurance coverage.

WHAT WE DO: STARTUP

  • We do all the leg work to get your captive formed, filed and approved with a regulatory domicile (US states such as DE, NC or SC, as well as off shore locales such as Nevis or the Bahamas.
  • We work with the actuary to come up with the feasibility study to support premiums charged, we develop the business plan, we interact with the regulator to move the filing processes along.
  • We prepare the policy wording, handle the collection of premiums and assist in the settlement of claims that may arise.
  • We recommend the CPA firm for annual audits of the captive

WHAT WE DO: ONGOING .

WHAT THE CAPTIVE OWNER DOES:

  • Determines the investment manager (s) for the captives funds.
  • Fund the surplus needed to capitalize the captive (minimums set by the respective domicile).
  • Pay the premium for the coverage written by the captive for the owner’s businesses.
  • Submit claims covered by the coverage written.

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