Rent-A-Captives
An economical and expedited captive solution
Rent-a-captives are an arrangement whereby a captive facility is accessed by a third party that wishes to form a captive cell without incurring the financial and logistical cost involved in having to incorporate a separate captive entity.
Below are just some of the benefits of choosing to go with a Rent-A-Captive:
- Expedited formation timeline
- Low entry cost
- Low bundled annual costs
- Share in underwriting profits and related investment income
- Flexibility with respect to coverage forms and claims handling
- Incentive for risk management and loss control
- Access to reinsurance markets
Risk Services can help you access multiple Rent-A-Captive facilities and guide you through the process of selecting the one that is best-suited to fit your needs.
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.
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“The best thing about the alternative insurance market is the unlimited number of options. The worst thing about the alternative insurance market is the unlimited number of options!”
While the multitude of options available in the alternative insurance marketplace can be a benefit, it can also be problematic as captive insurance prospects can become overwhelmed. Risk Services assists its clients in sorting through these options and focusing on the best solutions to accommodate their formation and ongoing success.
[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