Rental Captive Highlights
The primary purpose of a Rental Captive program is to return underwriting
profit and investment income.
The structure of a Rental Captive
program by KRM Risk Management for the Single Corporation Acccount
(including a Large Deductible), the Association or Group Program,
and the Agency Plan all contain the following basic elements:
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Through a Program Partnership, Underwriting Profit and
Investment Income are returned to the client to reduce the
net cost of insurance.
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Underwriting Profit is determined solely by the account's
own losses and therefore no pooling of risk with other captive
participants.
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Specific or per occurrence stop loss provided.
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Aggregate or frequency of loss protection provided based
on an evaluation of historical loss data.
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Client should be willing to participate in a portion
of their risk through sufficient funding up to the aggregate
reinsurance attachment.
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Ability to unbundle claims and loss control services
to a third Party Administrator.
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Each client receives an insurance policy from a licensed
and admitted insurance company.
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Easy implementation of all types of Rental Captive formats.
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Rental Captive Programs are available to meet the needs of any kind
of company. The program available are detailed for each type of
organization:
[ Single ] [ Association ] [ Agency ]
