A large food products company was looking to retain risks within their wholly-owned captive. Traditionally, the company had only retained small layers of risk and certain coverages within their captive, but were looking to grow the captive’s involvement into other casualty lines and additional limits.
After extensive analysis on all sides, the company decided to partner with Old Republic Risk Management, which allowed them to reinsure the policy through their captive and fund for those losses with premiums ceded to the captive.
We were able to assist in facilitating the growth of the company’s captive by tailoring a scalable solution that met their needs.