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CAPTIVE
MANAGERS Although some captives are self-managed, a local Captive Manager
is generally recommended and often required.
Because Captives are usually formed by companies whose core business
is not insurance, the Captive Manager serves as the resource of
insurance-specific operational, accounting, finance and regulatory knowledge. The manager will also maintain the
financial and operational records of the company and coordinate with bankers,
investment managers, insurers and reinsurers to manage the day-to-day
operations of the captive. Captive
Managers serve as the primary liaisons with domicile regulators, and ensure
compliance. |
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F.
Darrell Lindsey State
Approved Captive/RRG Manager |
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BACK – USE ARROW TO PRINT USE PRINT PREVIEW |
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