MANAGEMENT
exceptional service and innovative solutions
IML has extensive insurance management experience with over 40 years of expertise. We are committed to providing exceptional service and innovative solutions to our insurance and reinsurance clients.
CAPTIVE INSURANCE MANAGEMENT
Finance Management Services
- Financial Reporting
- Annual Budgets
- Financial Forecasts
- Coordination of GAAP and Statutory Year End Audit
- Cash Management
- Financial Regulatory Reporting
- Investment strategy and related treasury services
CAPTIVE INSURANCE MANAGEMENT
Compliance Management Services
- Chief Information Security Officer (CISO)
- Privacy Officer
- Compliance Officer
- Compliance policy statement
- Compliance reporting
- AML Control
- Liaison with regulator
- Data protection control
- Financial sanctions reporting
- Legislation and regulatory updates
- Corporate governance
CAPTIVE INSURANCE MANAGEMENT
Underwriting Management Services
- U/W committee
- Insurance renewal support
- U/W reporting
- Policy issuance
- Premium collection
- Claims payments
- Reinsurance recovery
- Coordination of Actuarial review support
CAPTIVE INSURANCE MANAGEMENT
Claims Management Services
- Coordination of Actuarial review support
- Claims payments
- Claims administration and protocols
- Claims management support
- Coordination of service providers
CAPTIVE INSURANCE MANAGEMENT
Corporate Governance and Admin Services
- Organization of Annual General Meetings Board of Directors Meetings
- Provide Directors and Officers
- Preparation of Board materials
- Ensure adherence to corporate governance best practices.
CAPTIVE INSURANCE MANAGEMENT
Strategic Consulting and Advisory Services
- Captive health check
- Redomiciling of Captives to Bermuda or US
- Feasibility study review
- Preparation of business plan and pro forma financial statements
- Facilitate the incorporation and registration of the insurance company