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
“Captive insurance is like a foreign language, easy to learn a few words so you can order a meal but difficult to become fluent.”
Risk Services is fluent in captive insurance and can translate the unlimited alternative insurance options into an understandable and executable plan for our clients.
[rä-jer-izem]Words of wisdom from our CEO, Michael Rogers
“In 2006, Communities of Faith risk retention group was not pleased with their captive manager. Risk Services came in and provided the professionalism and expertise that was lacking and has been providing excellent service for the past 12 years. Troy Winch and Mary Garofalo have been incredible to work with and their counsel has made Communities of Faith a great risk retention group.”
Perry Smith, USI Southwest