Risk Services is a licensed reinsurance intermediary in all 50 states and in Bermuda.
As an intermediary, we are not a typical reinsurance intermediary in that we only serve in this capacity for our managed captive insurance clients. This puts us in a unique position when working with the reinsurance markets, as they have additional confidence that they know Risk Services will be servicing our clients all year, as opposed to solely in an intermediary capacity only at renewal. Risk Services serves as reinsurance intermediary for the majority of our clients, accessing London markets through co-broker relationships and accessing domestic markets directly.
“Mind the gap.”
In London, this means beware of the gap between the concourse and the subway car. In captive insurance, this means beware of the collateral required by the fronting carrier between the loss fund and the aggregate attachment point.[rä-jer-izem]
Words of wisdom from our CEO, Michael Rogers
“I first reached out to Risk Services in 2003 for assistance with finding reinsurance on a nursing home program. Prior to that first contact, I hit a dead-end with every previous effort with intermediaries and markets. It was apparent from the outset that Risk Services had the market credibility necessary to allow us to get in front of reinsurers and tell our story. Risk Services came through with a reinsurance program, and our relationship expanded as we hired them for Captive Management services. Since 2003 we’ve been fortunate to work with many fine vendors in the various services needed for our Risk Retention Groups. We believe Risk Services to be irreplaceable. Their knowledge, professionalism, capabilities and responsiveness quite simply, are second to none.”
Mike Miller, Trinity Risk Services Risk Retention Group, New York Healthcare Insurance Company, Inc., A Risk Retention Group