Worked with a large credit association that incurred a dramatic increase in the purchase of their liability insurance.

Developed a risk retention group (RRG) that issued liability insurance policies on a national scale, significantly reducing the regulatory constraints of obtaining individual state licenses. Association was able to significantly reduce the cost of its coverage based on its underwriting criteria and risk management programs which lowered its loss experience.

Family owned company sought tax effective method to issue dividends.

Worked with client to establish a captive that provided select coverages under its existing insurance program, i.e. liability and coverage for its primary insurance program’s loss deductibles. Captive program was designed to generate underwriting and investment gains that were used to fund its dividend program. Given the modest premium tax rate relative to the corporate tax rate, the program funded the dividend program under a more effective economic model.

Engaged as advisor to chemical manufacturer. Company was not able to place a needed coverage in the commercial insurance market; as such all losses were being paid using after tax dollars.

Established a captive to provide coverage using the policy language desired the client. Premiums paid to fund the coverage incurred a nominal tax rate, approximately 3%. Investment income earned by the company helped fund losses, underwriting gains inured to the benefit of the client as well.