For the past 30 years, Bermuda has provided the world with innovative capabilities not found elsewhere. Bermuda's success is attributed to the following factors:
Captives.
A captive is an insurance company that is created and controlled by a parent or group of parents to provide insurance for its owners. It perovides risk managers greater access to the reinsurance markets and control over cost.
Rent a captives.
A rent-a-captive offers the benefits of a captive insurance company without the capitalization requirements, administrative costs and legal ramifications associated with establishing and operating an insurance subsidiary, and can return underwriting profits and investment income to a participant.
If you are interested in Captives, please contact us for a quote.