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
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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.
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“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
“Our team at Risk Services is proactive, anticipates our needs and provides sound, timely advice based on a wealth of knowledge and experience. Their stellar reputation in the industry is value-added when navigating regulatory matters, interfacing with service providers and procuring unique opportunities for our company.”
Julie Bordo, PCH Mutual Insurance Company, Inc., A Risk Retention Group