Pro Group Captive Management staff provides you with a fresh perspective to risk management. We focus on working with clients to outline clear goals and needs with respect to their self insured program. Once these are established, we continually monitor the progress of the program and its’ structure to ensure that goals and needs are continually integrated and aligned. This continuous review creates the measurement vehicle for the client enabling them to accurately determine and assess the added value of the program.
Further, as your Captive Manager, we work as the client advocate for issues with brokers, carriers, or other third party administrators as requested. This could involve claims resolution, third party performance audits, analysis or negotiation of coverage designs, or simply keeping the process moving forward to meet strategic goals.
Our relationship with the Nevada Division of Insurance enables us to effectively facilitate the formation of Captives. Other services provided to our clients include:
Design of Claims Administration Program
Design of Internal Risk Management Procedures and Manuals
Loss Control & Safety Services
Selection and Oversight of Third Party Claims Administrators
Quarterly Actuarial Review of Loss Reserves
Record Retention
Regulatory Representation
Legislative Representation
Regulatory Report Preparation and Filing
Local Legal Representation (Formation and Management Issues)
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