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
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 UsRogerisms
“Many prospects are lost in the captive wilderness. First we have to get you to the starting line, so we can get you to the finishing line.”
Due to the vast number of options/solutions available in the captive industry, prospects often spend exorbitant amounts of time and money trying to develop a captive program. Risk Services helps our prospective clients focus on the best and most viable options and then delivers.
[rä-jer-izem]Words of wisdom from our CEO, Michael Rogers
“Risk Services has been crucial in the operation of our risk retention group. They do all the heavy lifting and assure that we are compliant with all applicable insurance rules and regulations making it much easier on those of us who are members of our group. Our group’s success is directly related to the advice and expertise we receive from Risk Services Companies.”
Rodney Rueter, Communities of Faith Risk Retention Group