Who We Are
Who We Are
Businesses must continuously manage risk. Risks can be insured through third-parties or can be self-insured and are contingent liabilities on the balance sheet. Prudent business management identifies balance sheet and income statement risks and will usually make a determination whether to have these risks uninsured or to purchase third-party insurance. Captive insurance offers a third alternative to management.
Reliant can work with management to develop customized captive insurance solutions that seek to maximize the balance of risk and premium. Reliant is established under the laws of Saint Lucia and the coverages it offers are exclusively available for purchase in Saint Lucia and are not offered for puchase in any other country. In a world of rising costs, Reliant offers customized products designed to provide increased certainty, cost savings and efficiency. Reliant provides personal service by facilitating individual underwriting through professional insurance management.
Reliant's Insurance Solutions
Captive Insurance Simplified
Your business purchases customized coverage from the group insurance company. The group insurance company will provide customized coverages to other participants. No capital contributions are required and the group insurance company is professionally managed.
More Control, Less Cost
This insurance company is owned by you or your assign. This company must be capitalized and will require a degree of active management by the owner. Stand-alone Captives cannot insure exclusively the risk of a related business.
A Blended Approach
Your business begins with a Group Captive and then transitions into its own stand alone Captive at your discretion. This provides another option for business owners.
Management with more than a decade of experience working together
Reliant is the beneficiary of more than a dozen years' worth of teamwork and captive insurance experience. Reliant's management and directors have formed and operated Captives since 2002 in multiple jurisdictions.
The Professionals
Benefits of Reliant
Individual Service
Reliant will work with you, independant actuaries and professionals to develop tailor-made, custom coverages which fit your specific needs.
Experience
Reliants management has more than a decade's worth of experience in developing and designing Cative solutions, Which you will be taking advantage of without the time and cost of developing a solution on your own.
Economies of Scale
Reliants group pool participants and IC members share the cost of devlopment, management and professional expenses and claims. Thus, the burden of these expenses is substantially reduced for each insured, thus making this insurance solution affordable and obtainable to smaller businesses.
Contact us for more information regarding these areas or with any questions or comments you may have.