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
“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
“What has always impressed me was the speed and accuracy with which RS can provide information, answers to questions, or regulatory guidance on inquiries that arise in my RRG.”
Andrew Beardall, Government Technology Insurance Company Risk Retention Group, Inc