We partner directly with companies and their advisors to help release capital trapped in legacy insurance programs
The needs of each client are different but there are common threads.
Typically, we will:
Assume the Obligation to Pay Claims
We will assume the obligation to pay claimants, reimburse (fronting) insurers or arrange for replacement policies. TCI RCA assumes collateral obligations to fronting insurers, bonding companies and other parties
“Stand In Your Shoes”
We assume direct and indirect costs related to legacy insurance programs, relieving you from the managerial burden, expense and economic risks
Manage Legacy Programs
We manage the legacy program and risk bearing entities. This includes oversight of the third-party administrators, maximizing reinsurance recoveries, working with regulators to name just a few of the post-transaction services