Americap Solutions, LLC (Americap) is a boutique captive management company that is the brainchild of two experienced and innovative experts in the world of captive insurance. The mission is to provide unique risk management solutions by thinking outside the box. This is how the captive insurance movement began and Americap aims to continue to develop new techniques that will both improve overall risk management and enhance the bottom line for their clients.The principals of Americap have over 80 years' combined experience in insurance and risk management and have been instrumental in developing new products and procedures that have improved insurance and risk management programs to the benefit of their own clients and of other corporations worldwide.Americap Solutions, LLC is a Delaware corporation which specializes in providing captive management services for captive insurance companies (captives) that are licensed in that state. Delaware is one of over 30 US states that offer legislation permitting the formation of captives and sets itself apart from the competition with a flexible and user friendly approach to regulation. At the heart of this is the Series Business Company which is an excellent tool for making captive facilities available to a wider range of corporations.We can, and do, work with other domiciles whenever the choice benefits our clients.
Jim Byerly has 35 plus years’ experience in the insurance and financial services, developing particular expertise in surety bonds, captive insurance and risk management. For the last 15 plus years he has focused on alternative risk funding and has gained valuable experience with captive insurance companies. He is knowledgeable in all aspects, including performing feasibility studies before formation, captive start up, management / operation of captives and then winding down captive insurance company operations. Jim has an MBA, is a Certified Public Accountant (CPA) and Charted Global Management Accountant (CGMA). He also holds the designation as a Certified Risk Manager (CRM) and Certified Insurance Counselor (CIC). His leadership experience included serving as the chief volunteer leader or Chairman of Board of the Holy Spirit Hospital, Pennsylvania State University at Harrisburg and the National Association of Surety Bond Producers (NASBP). Mr. Byerly currently serves on the Board of Directors for ExecuStar (www.execustar.org) and the Pennsylvania Highway Information Association (www.pahighwayinfo.org). Most importantly, Jim ran his own company, Byerly Insurance agents and Brokers, Inc. for 27 years before selling it to the HDH Group in 2007. Over the years, Jim has received a number of awards, starting with Penn State Honorary Alumnus in 2010 and Lehigh University Young Alumni. He was awarded a WISER hero (Women Investment in a Secure Retirement).
Nigel started his career in the UK where he worked for national insurance broking companies providing technical services and as an account manager for corporate clients. He served on the boards of two brokers before joining AIG and moving to Spain and Gibraltar where he set up the Gibraltar branches of Alico and Eurinvest (life and mutual fund subsidiaries of AIG). In 1990, Nigel was appointed, by the British Foreign Office, as the first insurance regulator of the British Virgin Islands. He served in that position for just over four years during which time he steered the Insurance Act through the legislature and set up the regulatory department which has since evolved into the Financial Services Commission. Nigel also served on the steering committee that formed the International Association of Insurance Supervisors (IAIS) and was elected to its first Executive Committee by the insurance regulators of other countries. He also chaired the IAIS committee on exchange of information.He joined forces with a B.V.I. trust company in 1995 and formed a jointly owned captive manager which, by the time he left, was the largest in the B.V.I. Nigel set up his own company in 2000 and has run his own business ever since. He was engaged by a division of the UN to train regulators in another country and has served on the board of many captives, the largest of which had assets in excess of $500 million. He is currently an owner/manager of Three Saints Management, LLC which is a licensed ‘Support Business’ (the term for an insurance management company in the US Virgin Islands) and also manages captives for clients in the US and Jamaica.