Services for set-up
Initial consultation to decide whether a captive is right for you.
Preparation of a Feasibility Study to establish the viability of a captive for you.
Compilation of the Application for a Captive License, Including business plan, actuarial, accounting and legal considerations, review of all background checks and other due diligence requirements.
Drafting policies, application and other related forms.
Setting up bank and investment accounts.
Maintaining a principal office in the chosen domicile.
Acting as resident director and other officers as required.
Arranging meetings of the Board of directors, including preparation of agenda and reports.
Accounting and bookkeeping, with monthly or quarterly reporting, as required.
Maintaining Policy and Claims registers.
Regular Risk Management Reviews to ensure that your captive keeps up to date.
Ensure continued compliance within the chosen domicile and with state and federal laws.
Americap provides the widest range of services for all types of captive. We can assist in all of the tasks that have to be completed to set up a captive and obtain its license. Americap offers a complete management service that will remove the worry of operating a captive from the executives of the parent and allow them to focus on their main business. Finally, we can steer our clients through the process of expanding, changing or winding down their captive as the need arises.