Interim Management / Directorships
In addition to providing guidance on an outsourced basis, SafeHarbor's experienced insurance practitioners can actually guide your insurance company.
If your company is in start-up mode, you've recently acquired a shell company or decided to run-off a book of business, SafeHarbor has the necessary expertise to oversee your insurance company operations.
SafeHarbor can provide assistance from the Director level as well. Frequently, companies that form captive insurers do not have the necessary expertise to manage the insurance aspects of the new operation. While the captive's parent(s) may have deep knowledge in its core business, the insurance operation can falter without proper leadership. SafeHarbor can help navigate the oversight of the captive manager, assist with reinsurance decisions, identify and manage the fronting relationship, oversee the claims process and coordinate with the actuaries charged with setting premium rates.