Do you have unique risks that aren’t addressed by traditional solutions? If so, Capstone Management Group has developed a family of services and offerings to help. We provide a variety of risk-bearing entities with coverage and protection beyond traditional insurance and reinsurance services.
Self-Funding/Managing General Underwriter (MGU)
As an MGU, Capstone provides underwriting services on behalf of many carriers to our brokers seeking alternatives to traditional markets. As an independent third party, we are able to provide underwriting services to brokers seeking multiple options for their clients efficiently with in-depth product expertise.
Paragon Risk Management Services
In today’s business environment, owners, associations, and corporations demand increased creativity and support from the insurance and reinsurance industries.
Paragon is well aware of the challenges that accompany forming and operating insurance captives and managing their many moving pieces. Paragon works closely with its clients to foster long-term, dedicated partnerships.
Using alternative risk, captives, reinsurance, and stop-loss services, Paragon strives to minimize risk and its associated costs through careful examination and hands-on management. Paragon provides a full range of services from product design, administration, actuarial, and insurance/reinsurance underwriting services.
Paragon can assist in the formation and management of the following programs:
- self-insured programs
- single-parent captives
- group captives
- association captives
- agency captives
- cell captives
Paragon has the resources and capabilities to work with agents, associations, and other groups from start to finish in the captive process. It monitors all service providers on an ongoing basis to assure that the program meets client needs and expectations. Paragon also assists in the marketing and placement of reinsurance and fronting carriers for existing captives or other alternative market programs.
Captive Insurance Solutions: Captive Formation & Management
Capstone Management Group delivers an alternative perspective to the conventional insurance market. We provide individual businesses, groups, and associations the opportunity to control their insurance costs through the formation and oversight of alternative risk transfer programs.
In its simplest and purest form, a captive is an insurance company that only insures all or part of
the risks of its parent/owner. However, this definition is rather narrow and fails to reflect the
way in which captives have developed over the years. It may be more useful to describe a captive as an insurer that writes risks whose origins are restricted, or risks to which it has unique access.
In today’s business environment, owners, associations, and corporations demand an increased
level of creativity and support from the insurance and reinsurance industries. Capstone can assist in the formation and management of the following programs:
- Self-insured programs
- Single parent captives
- Group captives
- Association captives
- Agency captives
- 831(6) captives
- Sponsored cell captives
- Risk retention groups
Paragon Captive Re
A leading provider of turnkey captive insurance planning and management services for domestic domiciled businesses and their principal owners, Paragon Captive Re is focused on the formation and operation of segregated cells under a sponsored captive program.