Captive Insurance Solutions

We are where companies go to start a captive and begin controlling their destiny. Our captive team, working across international lines, helps clients through all steps of the captive formation process; from feasibility studies to licensure and post-formation operations. Our collective approach, coupled with in house oversight of all captive processes, yields results far surpassing those available in traditional captive and commercial marketplaces.

While we have the resources to form a captive in multiple domiciles, we have unsurpassed experience operating in Grand Cayman. We formed the first healthcare Portfolio Insurance Company (PIC) in Grand Cayman and are presently the only company offering clients the opportunity to form a PIC under a well-established Cayman Islands Segregated Portfolio Company (SPC).

Commercial Misalignment of Interests

Insurance Carrier

Profitability of carrier over interests of insured.
Retains ultimate settlement process authority.
Retains control of defense counsel.
Not invested in insured’s ultimate success.

Insured

Premium rates geography or industry driven and not tied to insured’s specific performance.
Insurance Carrier loss runs provide no meaningful data.
Insurance Carrier insensitive to client’s needs.
Inability to place diverse lines of coverage within one carrier.
Insurance Carrier risk management programs not specifically tailored to insured’s operations.

Captive Alignment of Interests

Insured

Rates driven by Insured’s performance.
Provided detailed and specific loss run data from Captive Insurance Carrier.
Control of settlement process and selection of defense counsel.
Captive Carrier there to service Insured’s needs.
Full decisional authority.

Captive Insurance Carrier

Provides financial relief and opportunity to Insured.
Captive Carrier’s risk management programs specifically tailored to Insured’s operations.
Ability to write multiple, diverse, lines of coverage.
Detailed data and loss run delivery to Insured.
The success of the Insured is the success of the Captive Carrier.

Defense Counsel

Fully beholden to Insured, not the Captive Carrier.
Fully incentivized to expeditiously and effectively dispose of cases.
Fully integrated in Insured’s operations.
Ongoing training and feedback to Insured’s employees.