Provider categories: find the specialist role you need
Each category groups firms by the work they do: captive managers run a captive's operations, actuarial firms price and reserve retained risk, law firms handle formation, regulatory and transaction work, alternative-risk consultants scope and coordinate programs, and third-party administrators process claims. Choose the role you need to hire. If you are still deciding on a structure, start with solutions instead.
- Actuarial FirmsActuaries who project losses, estimate reserves and price retained risk, and who sign the statements of actuarial opinion that captive regulators often require.
- Alternative Risk and Captive ConsultantsAdvisers who scope alternative-risk options, run or coordinate feasibility work and manage implementation alongside captive managers, actuaries and counsel.
- Captive ManagersFirms that run a captive insurer's day-to-day operations — accounting, regulatory filings and board support — and coordinate its auditor, actuary and other advisers.
- Insurance and Captive Law FirmsCounsel for captive formation, governance, regulatory filings and insurance transactions, subject to each lawyer's admission to practice in the relevant jurisdiction.
- Third-Party AdministratorsAdministrators that handle claims and related services for self-funded plans, captives and insurers, under a written agreement with the party that bears the risk.