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
“Captive insurance involves breaking the insurance product down into its various components and then putting it back together in a more efficient manner.”
Risk Services builds captive insurance programs using best of class service providers who are industry specialists.[rä-jer-izem]
Words of wisdom from our CEO, Michael Rogers
“Michael Rogers first asked me what our problems were. Then he designed a solution.”
Jim Salmon, Circle Star Insurance Company Risk Retention Group, Inc.