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.
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.
Risk Services is approved to serve as a captive manager in all of the following domiciles:
- South Carolina
- District of Columbia
- North Carolina
- 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 Us
“Mind the gap.”
In London, this means beware of the gap between the concourse and the subway car. In captive insurance, this means beware of the collateral required by the fronting carrier between the loss fund and the aggregate attachment point.[rä-jer-izem]
Words of wisdom from our CEO, Michael Rogers
“I’ve had the pleasure of working with Risk Services and their team for many years. Risk Services is a premier Captive Manager and provide their clients with superior service and customer support. Their management team and staff are experts in regulatory compliance, accounting, reinsurance, and all other aspects of captive management. Their experience and resources are invaluable for a startup to a long-standing company. They are an integral service provider for our company’s success.”
Brian Menendez, Healthcare Professionals Risk Retention Group, Inc.