WHO WE SERVE, WHO WE ARE.
We consist of Automobile and Truck Dealerships nationwide.
Founded by a group of Dealers, the goal of our Captive is to provide stability and control to the Automotive Industry. We are reaching out across the nation in an effort to join like-minded individuals. View the overview and benefits below:
the members
CORE PRODUCT OVERVIEW:
Core/Target Members: Automobile Dealerships & Truck Dealerships
Territory: Coverage available in all 50 states.
Coverages: Workers’ Compensation, Garage Liability, General Liability. Other coverages, such as Property, Inventory, and Umbrella, can be negotiated outside of the captive.
Premium: Accounts generating $250,000 in total captive premium.
Structure: Member-owned captive insurance company.
Member Profile: Prospective members are qualified by an approved Dealer Profile and subject to acceptance by the current Board of Directors.
Captive Domicile: Licensed insurance company domiciled in Vermont.
Fronting Carrier and Reinsurer: Travelers Insurance Group, an A+ rated insurer.
Captive Manager: Hylant Global Captive Solutions, an established leader in the formation and management of captives. Exceptional team with extensive industry contacts and expertise.
Claims Management: Sedgwick Claims Management Services, a nationally recognized third-party administrator.
Risk Control/Compliance: ComplyNet, an automotive-specific risk control agency with over 25 years of experience.
Auditor/Tax Specialist: Johnson Lambert, a group with over 30 years of experience and one of the first firms to focus on the captive industry.
Program Actuary: Pinnacle Actuarial Resources, a full-service firm providing actuarial services and enterprise risk management to property/casualty insurance entities across the globe.
the BENEFITS
CAPTIVE BENEFITS:
- Long-Term Control of Insurance Program
- Stability of Premiums / Continuity of Coverage
- Insulation from Cyclical Market Trends
- Control over the Quality of Members in Group
- Sharing of Risk Management Best Practices
- Superior Policy Coverage Platform for All Lines
- Return of Underwriting Profits to Members
- On-Line Claims Information
- Claims Settlement Authority
- Choice of Counsel
- Customized Loss Control
- Risk Management / Compliance Services
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