JLT Insurance Management can offer rent-a-captive and segregated account solutions for clients through our owned and managed vehicles in Barbados, Bermuda, Guernsey and the United States
A rent-a-captive is an alternative to establishing your own captive and can also be used for niche insurance or reinsurance transactions and fronting arrangements.
Benefits of setting up a rent-a-captive include:
- lower or no start up costs
- lower exit costs
- less lead time for establishment
- no board structure required - the Isosceles companies have established boards
- no visits to the domicile required
- lower operating costs
By creating segregated accounts (cells), Isosceles can place and separate your assets and liabilities from those of other clients.
Isosceles has capital and surplus in excess of USD19m. This capital is for regulatory purposes only and is not available to Segregated Account users. Segregated Account company structures rely on contractual protections rather than balance sheet size.
Isosceles Bermuda is rated B++ any A.M. Best and is registered in Colombia as a licensed reinsurer for fronting
Isosceles Barbados is licensed to provide rent-a-captive and reinsurance transactions in Barbados subject to the appropriate collateral provided by the cell owner It has $150,000 of capital and surplus.