Independent Management Ltd. provides the following services for its insurance and reinsurance clients who are based in North and South America, the United Kingdom, Europe, Hong Kong and Australia:
- Feasibility studies and pro-forma business plan preparation.
- Coordinating captive formation, incorporation and registration.
- Advice on the services of providers such as: issuing carriers, reinsurers, investment managers, bankers, trust account and letter of credit providers, actuaries, auditors and lawyers.
- Advice in areas such as: risk management, reinsurance protection and corporate structure.
- Independent Management Ltd. will act as the Principal Representative for client companies with responsibility for monitoring compliance with Bermuda insurance regulations.
- Issuance of insurance policies and reinsurance agreements, claims processing, preparation of monthly/quarterly (as required) management accounts, preparation of both GAAP and Statutory year-end financial statements with supporting schedules, coordination of the year-end audit, the organization of Annual General Meetings and Board of Directors Meetings and the day to day administration of the company.