
Captive Management
LMP is a licensed captive manager with over 20 years’ experience developing and managing captives in both the United States (US) and Turks & Caicos Islands (TCI), primarily in the long-term care and trucking industries, as well as other industries.
Let LMP Navigate the complexities in the development and management of a captive insurance company (captive) with expert guidance you can trust. Our team offers unparalleled insights and dedicated service to ensure seamless development and ongoing management of your captive.
Our Services
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Not every company is the same, let LMP review and develop an insurance structure to meet your needs. LMP has integrated our insurance and various industries knowledge to develop a team and products that benefit your company. We can offer alternative risk solutions alone or integrated with the commercial market to create an ideal solution for your company.
Let LMP:
Review your current insurance coverages and determines your needs, gaps, and offer alternatives
Develop an alternative risk structure (if applicable) that integrates alternative risk and commercial insurance and ensure its succinct and meets the requirements of your organization
Provide or refer to strategic partners any services you require, enhanced on-going risk management services and other services that may be required by your Organization
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LMP has developed a staff to handle the day-to-day requirements of your captive. Our team provides a full range of consulting, risk management, regulatory compliance and management of insurance structure. We also have the systems to handle your captives:
policy/endorsement issuance
accounting
regulatory compliance
work directly with strategic partners required by your captive (actuary, auditor, risk manager, third party administrator, etc.)
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We have on staff individuals with extensive background in:
Senior Living: Experience includes
We have developed various insurance structures for several long-term care entities and have successfully dealt with regulatory agencies, including Medicaid, to assist these entities meet reimbursement requirements or other requirements
Former healthcare consultant specializing primarily in post-acute services, dealing with market assessments, regulatory assessments, operational/strategic analysis and financial analysis, and certificate-of-need development
Developed/managed underwriting programs
Trucking: We have
TRIP certified experience
developed/managed back-office trucking insurance programs
Strategic Partnerships
We have various strategic partnerships over the years, to meet the requirements of our captive client requirements:
LTC Legal Risk Management: A Senior Living risk management company