Our experience and capabilities allow us to immediately undertake the process of forming a new captive.
We establish timeframes, set expectations, and clarify objectives before we commence any of the actionable tasks.
Helio manages many captive insurance companies, and we maintain a very strong and collaborative relationship with regulators. We coordinate all activities involved with project management in forming the captive, and we work collaboratively with your leadership and consultants to ensure proper corporate and regulatory approvals are received in a timely fashion.
The captive application includes several supporting documents such as a plan of operations, actuarial analysis of projected insurance liabilities and premium funding, biographical affidavits for appointed Officers and Directors, pro forma financial statements, and a copy of any proposed investment policy. We assume responsibility for a smooth and timely licensing process so that your time commitment is reduced.
We work with a broad array of analytical tools and techniques to assist our clients in choosing the best risk financing approach to meet their particular goals and objectives.
As critical issues arise, we introduce these resources as necessary to drive innovative solutions and identify strategies your peers may have implemented.
As part of our full suite of captive services, Helio provides ongoing financial reporting and assistance with consolidating the captive, as well as regulatory reporting, insurance and reinsurance documentation, corporate governance and regulatory compliance, general administration, and captive consulting – the key component of our service.
