In addition to our many alternative risk products, we also offer the following captive management and fronting services:
Management
Whether your captive or rent-a-captive has been structured by Liberty Mutual or a third party, you can take advantage of our management services. We currently manage over $1 billion in premium and over $8 billion in assets. To help you maintain control over your coverage while easing your administrative burden, we offer the following management services:
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Feasibility studies conducted by onshore consultants
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Organization, incorporation, and licensing of a company
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A principal representative in Bermuda or South Carolina as required
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Preparation and maintenance of financial management information
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Claims management and payment
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Management of short-term cash portfolios
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Arrangement of letters of credit to secure liability to ceding companies
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Professional investment management
Fronting
In many cases, a company needs an insurer simply to issue the policy and provide regulatory support for a captive or rent-a-captive product. Liberty Mutual fronting services include:
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Choice of domicile
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Claims management, loss control, and risk assessment
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Coverage for selected property and casualty lines of business including workers compensation, general liability, and auto.
While these fronting services relieve you of the required administration, you maintain all financial and decision-making control.
To learn more about how we can help you take advantage of our alternative risk services, contact us today.