Review of investment management including advice on ways in which a captive with insufficient funds for a separate managed portfolio may achieve enhanced returns. Assistance with analyses required for Tax Authorities. Assistance in litigation. Access to the excess liability and property catastrophe market if desired, when the manager is also a licensed Bermuda broker. The industry is extremely competitive in service and fees.
Providers usually work on an annual fixed fee basis based on time and expense records they maintain.
Some charge for time spent on forming the insurance company while others absorb this cost and the remainder negotiate the commencement of their management contract the day they begin preparing the business plan. All Rights Reserved. Authored by Keith A. Forbes.