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
“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
“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.