Most businesses lack the internal resources to form and operate their own captive insurer and so will usually appoint a manager to do the job for them; ARM provides a comprehensive insurance management service across multiple industry sectors, with a large geographical spread.
We will take care of the day-to-day operations of your captive and our services include, but are not limited to, the formation of the captive vehicle, (including any initial feasibility study) accounting, underwriting, compliance, board pack preparation, management accounts, regulatory returns and company secretarial functions.
If you decide that a captive insurer could meet the insurance needs of your business, we will work with you, and your broker, to put together a feasibility study, which will seek to create the optimum vehicle and structure for your needs.
The report will detail financial projections, projected solvency calculations and capital requirements. We will analyse your loss data, in conjunction with your broker, to produce an optimised insurance programme that will meet your risk management objectives.
Our report will also identify the set up costs and regulatory requirements for your captive. We will be the conduit for all interaction with the regulatory authority and furthermore, if necessary, will arrange face-to-face meetings with them. We believe in meeting with you to understand your business and its needs and we will be your partners every step of the way through the establishment of your captive entity.