Aligning insurance carrier and agent interests to produce a winning solution for both
An agency captive is a reinsurance facility whereby the agent is assuming risk by reinsuring a portion of their book of business insured through a traditional carrier.
Agency Captives provide benefits for carriers and agents alike.
Insurance Carrier Benefits
- Aligns the carrier and agent with respect to insuring profitable business
- Increases retention
- Increases profitability
- Enhances agent relationship
Insurance Agent Benefits
- Provides an additional stream of revenue
- Ability to share in underwriting profits and related investment income
- Strategic relationship with insurance carrier
- Ownership of a reinsurance company
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
“We are the smorgasbord of captive insurance. Captive management, regulatory compliance, formation and licensing are the appetizers, policyholder services the main course, and reinsurance placements the dessert.”
Risk Services can provide all the necessary insurance professional services our clients need to complete their captive insurance programs.[rä-jer-izem]
Words of wisdom from our CEO, Mike 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