HOME
TYPES OF CAPTIVES/RRG A Single Parent Captive is a captive insurer owned by one company. Conversely, a captive owned jointly by two or more companies is a multiple-owned, group or association captive. There are several different types of multiple-owned captives. An Association Captive Insurance Company is one established by members of an association. Another type is a Group Captive Insurance Company, established and owned by a group of companies engaged in similar (homogenous) or dissimilar (heterogeneous) businesses to underwrite their own collective risks. A Risk Retention Group (RRG) is a group self-insurance program formed under provisions of the Liability Risk Retention Act of 1986, by or on behalf of separate business owners that have joined together to insure their liability insurance exposures. Such a group is exempt from most state laws, rules or regulations, except for the stat in which it is domiciled. Government Pools are another specialized group Captive type. Rent-a-Captives are another form of sponsored captive insurance. By utilizing an established captive, and in exchange for a fee, many different insured's can benefit from the financial advantages of a captive without the related costs and procedures of setting up an entirely new one. Protected Cell Companies’ status allows a captive to segregate accounts so that each account is legally protected from the liabilities of other accounts within the captive insurer. CLICK TO:
	◘ Different Types of Captives ◘ Understanding Rent-a-Captive/RRG ◘ Advantages of Rent-a-Captive/RRG ◘ Segregated Cell/RRG Company ◘ Pure Parent Captive
		F. Darrell Lindsey State Approved Captive/RRG Manager U.S. State Licensed Agent/Broker
			BACK – USE ARROW TO PRINT USE PRINT PREVIEW