Rent A Captive Companies for Auto Insurance

Discussion in 'Auto Insurance Forum' started by TimSmith, Jul 3, 2015.

  1. TimSmith
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    TimSmith New Member

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    I was wondering if someone can refer agent/investors/broker who Rent Captives. I am trying to form customized auto insurance program which I can re-sell.
     
  2. djs
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    djs Super Moderator Moderator

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    What do you mean 'Rent Captives'?
     
  3. Soonerman
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    Soonerman Expert

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    I'm interested in knowing what you mean by Rent a Captive. I currently work as a captive agent and am looking at going independent. Will you expand on your idea?
     
  4. diminishedvalue
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    diminishedvalue New Member

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    I don't think you are legally able to rent captives?
     
  5. INSUREGEEK
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    INSUREGEEK Super Genius

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    My agency went straight to the carriers. I did a few with FM Global and DiscoverRe back in the day. Travelers was even in on it, but I think they were just the name ion the paper. FM Global is still around. It really depends on the 'use' of the autos you want to cover.

    Can you tell me more? I might even know some folks at LM that could be interested in being the go-between with the reinsurers that do this stuff. Makes you more money!

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    An informative link for those asking what this is:

    Protected or Segregated Cell Rental Captive Insurance Companies
     
    Last edited: Nov 17, 2015
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