SRS is a fully staffed onshore and offshore captive manager. We have been managing captives in major domiciles worldwide since 1993. We are domicile-neutral and have the expertise to manage captives in any of the leading onshore or offshore domiciles. Current domiciles include Arizona, Bermuda, Cayman Islands, Delaware, Hawaii, Missouri, Nevada, New Jersey, South Carolina, Tennessee, Utah, Vermont and Washington D.C.

At SRS, we believe in partnering with captive owners to ensure that recommended solutions are practical, implemented effectively and deliver long term value to their sponsors. We combine high quality captive management services with strong consulting support to create an effective captive management relationship.

Captive Structures

We have formed and managed a variety of different captive types and structures,
including:

  • Single parent captives
  • Association or group captives
  • Risk retention groups
  • Agency captives
  • Rent-a-captives, sponsored captives, segregated account and protected cell companies
  • Non controlled foreign corporation insurers

We have experience handling different ownership structures including stock companies, mutuals, reciprocals, limited liability companies and non-profit captives.

Coverages

Captives are most commonly used to insure primary casualty coverages (workers compensation, general liability and automobile). SRS has experience forming and managing many captives insuring these lines either as reinsurance or under a deductible reimbursement structure. We also have extensive experience in other lines of coverage and their use within captives. These include:

  • Professional liability
  • Medical malpractice, both hospital and physician liability
  • Property insurance, including the use of captive and ART vehicles for terrorism and catastrophe coverages
  • Health Insurance
  • Group Life, LTD and other Employee benefits