For more than 20 years, LMP has developed and managed captive insurance companies across the United States and the Turks & Caicos Islands — with deep specialization in long-term care and trucking, and experience extending well beyond.
Let LMP navigate the complexities of developing and managing a captive insurance company. We combine alternative-risk expertise with the commercial market to build the structure that fits your organization — then run it.
No two companies are the same. We review your coverages, find the gaps, and design a structure that integrates alternative risk with commercial insurance.
Our team handles the day-to-day so your captive runs cleanly — consulting, risk management, regulatory compliance, governance, and structure administration.
Specialists on staff with hands-on backgrounds in the industries where alternative risk matters most.
From single-parent captives to segregated cells, we set up and manage the vehicle that fits your risk — standalone or integrated with the commercial market.
A wholly owned captive insuring the risks of one organization and its affiliates.
A shared vehicle for like-minded organizations pooling related risk exposures.
Turnkey cell structures offering ease of entry and exit, with assets and liabilities legally separated by cell.
Member-owned liability insurers, including our work in the long-haul trucking sector.
Arrangements that blend captive participation with rated commercial paper and reinsurance support.
Placements designed to follow primary coverage and provide appropriate protection above the captive.
Long-term care and trucking are where we go deepest — but our alternative-risk experience spans other industries as well, and we welcome the chance to apply it to yours.
Our experience isn't limited to senior living and trucking. We've applied alternative-risk and captive structures across a range of other industries, and we integrate insurance and industry knowledge to build products that fit each client. If your organization is exploring a captive, we'd welcome the conversation — whatever sector you're in.
A captive is an insurance company formed to underwrite the risks of its owner. For the right organization, it turns insurance from a sunk cost into a strategic asset.
Keep the margin that would otherwise stay with a commercial carrier when losses come in below premium.
Reserves held in the captive can earn investment income for the benefit of the owner.
Gain stability and independence from the pricing cycles of the commercial insurance market.
Design coverage to your actual exposures, including risks the commercial market prices poorly or won't write.
We review your existing coverages and risk profile to surface gaps and opportunities.
We structure an alternative-risk solution — standalone or blended with the commercial market.
We stand up the captive in the right jurisdiction with the right partners and compliance in place.
We run the day-to-day — issuance, accounting, compliance, and partner coordination — year over year.
Choosing a domicile and staying in good standing are where many captives stumble. LMP is a licensed captive manager in both the United States and the Turks & Caicos Islands, and we keep your captive aligned with its regulator year-round.
Domicile shapes capital requirements, taxation, regulatory burden, and cost. We help you weigh US onshore options against an offshore structure, then stand the captive up where it best fits your goals.
Once licensed, the work shifts to disciplined regulatory and financial administration. We maintain the records, filings, and governance your domicile requires and liaise with regulators on your behalf.
Issuance of policies, certificates, and endorsements as the program requires.
Financial statements and supporting schedules prepared on a regular cadence.
Annual filings and audit coordination to keep the captive in good standing.
Cash management and coordination with auditors, actuaries, and TPAs.
Sound captive management depends on more than expertise — it depends on the systems that keep policies, claims, and financials accurate and accessible. We run our programs on specialized captive and program-administration technology built for the alternative-risk market.
Centralized issuance and management of policies, endorsements, and certificates, with a clean record for every program we run.
Structured claims tracking and reporting that give clients and partners clear, current visibility into program performance.
Integrated accounting and reporting workflows that support statutory filings, audits, and timely, accurate financials.
LMP pairs deep insurance expertise with first-hand industry knowledge. Our background spans senior living and post-acute care — including market, regulatory, operational, and financial analysis, and certificate-of-need development — as well as decades of hands-on commercial trucking and motor carrier program experience. That combination lets us do more than administer a captive: we understand the businesses we insure, the regulators who oversee them, and the commercial market we integrate with, across both US and Turks & Caicos domiciles.
Over the years we've built relationships that let us meet the specific requirements of each captive client — extending our team with trusted, vetted partners.
“Our team offers unparalleled insights and dedicated service to ensure the seamless development and ongoing management of your captive.
Whether you're exploring a captive for the first time or looking for a manager who knows your industry, we'd welcome the conversation.
