BENEFITS

Captive

Traditional insurance knows everything about price —captives can create value

minimalistic line drawing depicting a group od business owners in one panel, next to a second panel showing a minimalistic drawing of a city map and the streets that run within it.
A visual representation of how the data is displayed within the Charter Partners Platorm
A visual representation of how the data is displayed within the Charter Partners Platorm
A visual representation of how the data is displayed within the Charter Partners Platorm

Stabilize costs with the shared fund

Stabilize costs with the shared fund

Charter Partners’ shared fund achieves to aim a balance between returns and creating long term stability. The shared fund emphasizes stability by protecting creating a group layer and an individual layer.

Charter Partners’ shared fund achieves to aim a balance between returns and creating long term stability. The shared fund emphasizes stability by protecting creating a group layer and an individual layer.

Charter Partners’ shared fund achieves to aim a balance between returns and creating long term stability. The shared fund emphasizes stability by protecting creating a group layer and an individual layer.

Shared Fund Risk Model

Rewards you when you win, strong protection if an accident occurs

Your losses will be weighted by a combination of your group and your individual performance. It works a lot like the U.S. federal system, with states sometimes sharing the risk.

a visual representation of how premium dollars travel through the Charter Partners Captive Insurance program for each pod member and cell.
a visual representation of how premium dollars travel through the Charter Partners Captive Insurance program for each pod member and cell.
a visual representation of how premium dollars travel through the Charter Partners Captive Insurance program for each pod member and cell.

Domicile

Laws of Vermont

Captive Type

Heterogenous Group Captive, Mutual Benefit.

Current Quota Share

50/50

2 Reinsurers

Distribution

Member based

board vote.

Claims Management

Eligible for TPA or PMAIC. Carrier Negotiated.

Retention

500k

Carrier

A Rated - PMA Companies, npart of the Old Republic General Insurance Group (NYSE “ORI”) A Rated - Great American Insurance

Carrier

A Rated - PMA Companies, npart of the Old Republic General Insurance Group (NYSE “ORI”) A Rated - Great American Insurance

Average Member Size

250 to 750 k

annually

FAQ

a minimalistic line drawing of two drawings- one showing a community building where people can come together to share ideas and knowledge, and the next panel shows the people within the community meeting

What is Captive insurance?

What is Captive insurance?

What is Captive insurance?

How do Charter Partners captives work?

How do Charter Partners captives work?

How do Charter Partners captives work?

Why is it better?

Why is it better?

Why is it better?

How does joining a captive improve and stabilize my costs?

How does joining a captive improve and stabilize my costs?

How does joining a captive improve and stabilize my costs?

The Power Of Shared Knowledge.

The Power Of Shared Knowledge.

The Power Of Shared Knowledge.