SRS North America

US Domiciles

We manage captives in all leading US domiciles operating through two regional US business units: SRS East and West.

Our US teams are known for extensive experience, strategic geographical presence, and capabilities to handle diverse captives across many domiciles.
SRS Staff at Captive Insurance event
A long-standing history in these regions, combined with a physical presence in key locations, provides us with a profound understanding of the captive industry specific to the U.S.
Beyond our core services, we’re recognized for blending top-tier insurance management with expert consulting. Our technical and analytical services empower our clients’ underwriting capabilities and fortify their strategic footprints.

• Regional market dynamics
• Regulatory environments
• Client requirements

SRS East

We've managed captives from the SRS East headquarters in Vermont since the early 1990s. Our history in the state gives SRS East its significant market presence and regional expertise.
Beyond Vermont, SRS East maintains a physical presence in:
  • Washington, DC
  • Nashville, Tennessee
  • Charlotte, North Carolina
  • Charleston, South Carolina
This geographical spread demonstrates our ability to cater to regional requirements and regulations.
Additionally, SRS East extends its management services to captives in the following states:
  • Delaware
  • New Jersey
  • Alabama
  • Georgia
Management across multiple domiciles showcases our broader operational scope and adaptability to different state-specific insurance regulations and market conditions.

SRS West

Headquartered in Phoenix, Arizona, SRS West has a strong foothold in the Western United States.
Additionally, SRS West has satellite offices in Hawaii and Texas for extended reach. These locations enable closer relationships and more direct services to clients in these areas. SRS West also manages captives in the following states:
  • Missouri
  • Oklahoma
  • Michigan
  • Utah
  • Nevada
  • Montana
  • Arkansas
This variety of managed domiciles reflects SRS West's capability to adapt to various state-specific insurance landscapes and client needs.

Canada

In Canada, we specialize in managing Pure, Associating, and Sophisticated Captives, adapting to the unique regulatory landscapes of different regions. Our expertise in Canadian captive insurance includes a thorough understanding of local market dynamics and compliance with distinct provincial regulations.
Canada
Our licensing process process includes submitting detailed business plans, financial projections, sample policies, D&O forms, criminal record checks, and actuarial analyses. We maintain a close working relationship with key regulatory bodies:
• British Columbia Financial Services Authority (BCFSA)
• Alberta Superintendent of Insurance
Timeframe for Captive Establishment
Our proficiency in Canadian regulations ensures an efficient establishment of captives:
• BC's timeframe is approximately three to four months following a completed application.
• In AB, captives can be established within six weeks of completing the application process.
Captive Domiciles in Canada
Offering a robust environment for captive insurance, we closely adhere to specific regulations governing non-permitted insurance classes, including basic automobile insurance coverage and surety (reinsurance allowable). We manage captives in two primary domiciles within Canada:
• British Columbia (BC)
• Alberta (AB)
Comprehensive Canadian Coverage
Our presence in Canada is marked by a commitment to understanding and meeting region-specific requirements and adapting to different insurance regulations and market conditions in each province.

Whether in BC or AB, our approach is tailored to the unique needs of each captive, ensuring compliance, efficiency, and effectiveness in our management services.

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