Feasibility Study Services
Captive Insurance Company and RRG Feasibility Studies
Since 1986 we've helped publicly traded corporations, privately-held businesses,
and not for profit organizations determine whether a captive insurance company,
risk retention group (RRG), or other risk financing option made sense for them.
We help clients navigate the maze of captive insurance alternatives and
feasibility considerations. Our services include:
- Documenting your key goals and objectives;
- Determining which approach - a captive or RRG - is best for you;
- Assessing the risks to insure in the captive / RRG;
- Comparing options for captive / RRG ownership;
- Evaluating regulatory opportunities and constraints;
- Identifying your options for captive / RRG insurance licenses;
- Identifying resource requirements and costs;
- Quantifying prospective savings and risks;
- Developing pro forma financial statements and cash flow analysis;
- Summarizing qualitative aspects of the options; and
- Recommending a conceptual business plan for the captive / RRG if such is
feasible.
During the feasibility study process, we work to educate you, your CPA, and
your attorney about the captive insurance concept while we gain a better
understanding of your business and the opportunities and challenges that captive
insurance might address. If actuarial work is needed, we'll find an
independent actuary with expertise in your industry and risk profile to assist.
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