Association Captives
A group insurance solution for associations
An association captive transacts the business of insurance and reinsurance only on the risks, hazards, and liabilities of the members of an insurance association.
Association captives can help your organization by providing:
- Combined purchasing power
- Tailored homogenous insurance programs
- A share in underwriting profits and related investment income
- Flexibility with respect to coverage forms and claims handling
- Incentives for risk management and loss control
- Access to reinsurance markets
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“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
“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