Program Design
USA Risk Group’s Program Design division provides flexible and innovative products and services to independent agents, brokers, and managing general underwriters. We create custom-structured programs to meet the unique demands of coverage, underwriting, pricing, claims, risk-sharing, distribution systems, and policyholder services.
Our Development Process
- Needs Analysis
USA Risk Group professionals evaluate your exposures, coverage needs, cash flow requirements, and current coverages. - Consultation
We advise you on the viability of various alternative risk programs, as well as any structuring, financing, management, and regulatory requirements they would entail. - Program Design
We custom design a program that ensures you have the most cost-effective coverage for your specific needs. If a captive or RRG is your best option, we also refer you to the most advantageous onshore or offshore domicile. - Coordination of Service Providers
We recommend and act as a liaison to service providers, drawing from a roster of highly qualified auditors, attorneys, bankers, and other professionals throughout the world. - Financing
We can negotiate flexible, cost-effective financing including fronting arrangements, excess coverage, and reinsurance placements. - Regulatory Compliance
The trust we have earned from regulatory authorities facilitates any required licensing or governmental reviews. - Implementation
We offer a wide range of implementation services for alternative risk programs. Captive/RRG implementation services, for example, include drafting of bylaws, legal incorporation, writing of policies, selection of an experienced administrator, and election of directors and officers. - Administration
Our comprehensive management services ensure the continued success of your program. These include accounting, management and regulatory reporting, tax filing, policy issuance, and coordination of Directors' and Shareholders' meetings.
Other Program Design Services:
