We love working with our clients to customize policyholder service plans that meet your unique needs. Below are just some of the services we typically provide on a standalone basis or on a shared basis with our clients.
Review of insurance and reinsurance programs for compliance with specific terms and conditions established by the captive.
Review of applications for insurance, policy form, and endorsements provided by coverage counsel.
Assistance with pricing and rating of insured risks in accordance with granted authorization, established underwriting standards, guidelines, and filed rates.
Preparation of and execution of all policies and contracts of insurance, binders, endorsements, and certificates of insurance.
Maintenance of complete and accurate records and policy files for all policies issued by the captive
Issuance of cancellations and terminations.
Preparation of underwriting activity reports and information concerning the captive insurance program.
Provision of other administrative services including:
- Attending meetings
- Preparing statistical reports
- Acting as liason between the captive, reinsurers, auditors, actuaries, and the domiciliary Captive Insurance Division
“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, Michael Rogers
“The staff at Risk Services are amazing. From licensing, to registration nationwide, to subsequent annual filings, Risk Services is there to aid and guidance every step of the way. Their professionalism and knowledge of the insurance industry is unparalleled, and they accomplish this while being approachable and pleasant in all communications.”
Duane Barrick, Eagle Builders Insurance Company Risk Retention Group, Inc.