Established Captives
Established Captives Seeking New Expertise
Capterra provides new management services to a number of pre-existing captive insurance companies. Because of our expansive network of domicile regulatory connections, our clients benefit from the infrastructure and relationships we have built over the years amongst regulators and service providers which enables us to provide a seamless transition to new management with Capterra. We are a licensed captive manager in over 10 domiciles both onshore and offshore and have a working relationship in many more. Below is a step-by-step account of this process.
Steps
Strategic meeting with the captive owner(s) and management team
Consultative meeting with the domicile regulator to assess compliance status within the jurisdiction
Begin transition process to Capterra management, utilizing our global network of domicile relationships, knowledge, and expertise. Some of our contacts include:
- Bermuda
- Cayman Islands
- British Virgin Islands
- Anguilla
- St. Lucia
- St. Kitts
- Nevis
- Delaware
- Vermont
- District of Columbia
- Kentucky
- South Carolina
- Montana
- Utah
- Tennessee
- North Carolina
Assure captive continues to provide the benefits outlined in the original business plan and assess overall financial health of captive
Identify areas for improvement and efficiency and create action plan to implement strategic initiatives
Provide ongoing stewardship as defined by the Capterra Approach