Rent-A-Captives
An economical and expedited captive solution
Rent-a-captives are an arrangement whereby a captive facility is accessed by a third party that wishes to form a captive cell without incurring the financial and logistical cost involved in having to incorporate a separate captive entity.
Below are just some of the benefits of choosing to go with a Rent-A-Captive:
- Expedited formation timeline
- Low entry cost
- Low bundled annual costs
- Share in underwriting profits and related investment income
- Flexibility with respect to coverage forms and claims handling
- Incentive for risk management and loss control
- Access to reinsurance markets
Risk Services can help you access multiple Rent-A-Captive facilities and guide you through the process of selecting the one that is best-suited to fit your needs.
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.
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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
“We formed CFRRG using another captive manager, who structured us as a stock company. When we switched to Risk Services they converted CFRRG to a reciprocal, which has saved us over $5,000,000 since 2005.”
Paul Sneed, Communities of Faith Risk Retention Group