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Companion Captive Ins. Co.
A South Carolina domiciled segregated account sponsored reinsurance facility.
Companion Captive Insurance Company
Affiliated with Companion Life Insurance Company, Companion Captive Insurance Company (CCIC) is a South Carolina - domiciled corporation offering flexibility and convenience without the capitalization expenses or administrative duties required in establishing a traditional captive. Qualifying clients can make use of this facility to meet their financing and cash flow needs. Risk is funded and managed through a segregated account captive cell.
Why South Carolina?
South Carolina offers forward-thinking sponsored captive legislation and a rigorous, yet progressive regulatory environment; and an experienced professional infrastructure that is supportive of captive business. Companion Life has a long history of active participation in the South Carolina insurance marketplace.
Advantages of Companion Captive Insurance Company
- Simplicity of administration
- Direct cost savings
- Potential for enhanced investment income
- Statutory and contractual protections from other participants
- Multiple selected and approved service providers
- Ability to insure multi-state operations and risks that are difficult to insure
- Ability to insure multiple coverage lines
- Flexibility in structuring your program
- Increased ability to manage and control losses
- Availability of multiple top-rated fronting and excess carriers
- A Captive service team of industry leaders
We can design a Captive solution that is cost-effective, easy to administer and targeted to our clients' needs.
Contact Us
If you are interested in finding out more about Companion Captive Insurance Company, please take a look at our brochure or contact our Captive Managers:
John Scarborough, 843-856-5007
E-mail: jcs@rilsc.com
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