Berkley Accident and Health
Berkley Accident and Health is a risk management leader that specializes in accident and health products in the U.S. We help employers, membership groups, and healthcare organizations to better understand and manage their risk. We offer a full range of Stop Loss, Managed Care, Accident, and Group Captive programs through brokers, agents, consultants, and third party administrators. Founded in 2005, Berkley Accident and Health was created by longtime industry experts with a vision to create a nimble, entrepreneurial company that can quickly understand, analyze, and design a plan that addresses each client’s unique risk challenges. Today, our clients range from small non-profits to Fortune 500 companies. Clients know that they can count on Berkley Accident and Health as a stable risk management partner in a rapidly changing environment:
Green Mountain
GO CAPTIVE. GO GREEN.
Green Mountain Sponsored Captive Insurance Company (“Green Mountain”) is a protected cell captive insurance company and is domiciled in Vermont. Licensed in 2012, Green Mountain and its customers are the beneficiaries of Vermont’s highly commended governance and regulatory environment With over 1,000 captives choosing Vermont as their domicile, the Green Mountain state’s highly commended governance and regulatory environment makes it the largest domicile in the US and number 3 internationally.
Green Mountain was created for clients who desired an onshore captive platform that could be tailored to their individual specifications and managed by a team of highly experienced captive insurance experts. We are a leading provider of captive risk solutions for a variety of businesses, organizations, agencies and nonprofits. Green Mountain is managed by Strategic Risk Solutions, one of the world’s largest captive management firms. Clients of Green Mountain are also the beneficiaries of Vermont’s highly commended governance and regulatory environment. Vermont is considered the “gold standard” of captive domiciles in the US and is consistently recognized as the top US domicile according to industry awards.
While a traditional captive and a protected cell captive (PCC) like Green Mountain may operate in similar ways, there can be significant differences, including the level of capital required, supporting services and overhead expenses. A traditional captive can also require a major amount of resources from the client, especially those without a fully staffed risk management team. Under Green Mountain, however, much of the time, capital and human resources devoted by the client can be minimized and more efficiently leveraged using the protected cell structure and supported by our team of experts. We deliver a “turnkey” solution of administrative and professional services, governance, regulatory reporting, financial services, consulting and insurance amenities for our clients, allowing them to focus on what they do best.
Strategic Risk Solutions
For many people, captive management is treated as a routine task of keeping the books and records of a captive. The industry has been plagued by mediocre service, high staff turnover and low customer satisfaction. At SRS we believe that isn’t good enough.
Captive Management Plus reflects our commitment to be the premier provider of management and consulting services to the captive insurance industry. What do we mean by Plus? The Plus is both the quality rating of our core captive management services and the value added consulting services we provide in support of captive management.
