We deliver solutions for nearly every type of legacy liability, including the most common insurance programs
FOR CAPTIVES
While we work with all types of insurance programs, captives – particularly those owned by companies in bankruptcy – face very discrete issues and therefore, require distinct specialization.
The Benefit of The Taussig Captive Solution:
Immediate release of cash
Elimination of overhead including internal staff, auditors, actuaries, brokers, etc.
Elimination of the risk of Adverse Development
Free-up resources to focus on higher valued tasks
Simplify financial reporting
The Consequences of Inaction:
Potential for heightened scrutiny from insurance regulators, insurance companies and creditors based on exposure to a perceived risky asset
Dwindling control creates a misalignment of interests with the control party
A decline in equity value stemming from issues related to expenses, disposition of claims, reinsurance recoveries and subrogation opportunities due to a reallocation of management’s time and resources
Learn More About Our Captives Programs
OTHER PROGRAMS
Single Parent Captive Insurers
Domestic and off-shore insurance and reinsurance captives
Segregated account programs (including Protected Cell, Rent-a-Captives, etc.)
Qualified Self-Insurance & Deductible Plans
Workers compensation plans
Other compulsory insurance including auto liability, professional liability, etc.
Corporate Self-Insurance Plans
General liability
Environmental remediation
Professional liability
Other plans that require an insure
Risk Sharing Structures
Risk retention groups
Group captives
Risk pooling facilities
Reciprocals and similar schemes
Corporate Settlements
Trusts
General obligations
Settlement agreement