| Captive Formation

• Creation and implementation of your strategic business plan to transform your insurance expense into a return-generating asset

• Co-ordination and preparation of feasibility and actuarial studies

• Co-ordination of incorporation, registration and licensing process


| Underwriting

  • Serving as your company’s outsourced risk manager.
  • Liaison with safety consultants and brokers
  • Preparation and issuance of insurance documentation to cover your risks

| Financial

  • Maintenance of all accounting books and records
  • Preparation of monthly/quarterly/annual financial and management reports
  • Preparation of statutory financial statements
  • Preparation and review of financial/cash flow projections
  • Preparing and Filing Requisite Forms with the Internal Revenue Service for Favorable 831 B tax treatment

| Administrative and Corporate

  • Serving as the Principal Representative in Utah
  • Filing statutory statements and compliance reporting with Utah’s Department of Insurance
  • Co-ordination of annual audit
  • Co-ordination of actuarial review of reserves

| Risk Minimization and Claims Management

  • Will get you this shortly

| Investment

  • Investment of company funds in accordance with board of directors guidelines
  • Appointment of investment custodians and managers in accordance with policy and review of performance
  • Negotiation and co-ordination of collateral requirements