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

  • 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

  • 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.)

  • 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