Welcome to Captive Nation!
We are a Captive Insurance Management Company.
Come and know more About Us.
Turn-Key Formation
Captive Nation has a unique turnkey process for the formation and licensing process. It begins with a thorough examination of the client’s current insurance situation. Here, we delve deeply into each insurance policy, analyzing the specifics of each coverage contained in the policy. Most importantly, we look to see what isn’t covered and seek to find a policy that increases the client’s overall coverage. Next, we have an actuary analyze the client’s individual loss history to calculate insurance rates which take the client’s history into consideration. This way, the client’s unique loss profile is incorporated into his policy rates. All of this information is presented to the client in a feasibility study that outlines the strengths and weaknesses of the captive program along with a comprehensive and thorough analysis of possible jurisdictions in which to locate the captive.
Captives can be structured in several different ways to provide appropriate vehicles for a wide range of risk & circumstances. Any one of the following structures can be considered.
These are companies with a single owner to whom they provide insurance coverage. A risk manager or financial officer at the parent company typically monitors them. A domiciled captive insurance manager manages the captive.
Association captive formations are generally established by trade association or members of an industry to provide insurance coverage for members. Ownership rests with the association or individual members. Liability risks such as medical malpractice and other associations are usually insured in this way. They usually have a financial expert at the association level with prime responsibility, or outsource this function to a captive insurance manager.
Industry captives are owned by organizations within the same industry that have come together to solve a specific insurance problem The stock holder commonly appoint a board of directors to whom the management {company} reports.
Diversified captives underwrite unrelated risks further more to the parent organizations business.
Agencies captives are compose by insurance brokers or agents to facilitate them to participate in the high-quality risks, which they control. These are rarely used because of legislative mandates concerning agent liability.
Clients
Our clients trust our team and approach with solving important problems for their users.
Headquarters
LEVELUP is a design studio located in the heart of New York and on a mission to create products that make people feel cool.
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