We are a Captive Insurance Company Formation & Management firm, who specifically assist Physicians, CPA's and business owners with risk management alternatives onshore, using insurance domiciles located in the United States of America.
We believe in complete legal compliance when it comes to adhering to the regulating authorities guidelines as they relate to Captive Management and Formation. Our client's can rest easy knowing that their paperwork has been meticulously drafted with precision and care.
Many captives are overcapitalized since the risk administrator or the CFO would rather capitalize too much than not enough. We do not encourage this because excess surplus creates low returns on invested capital (ROIC). A low ROIC possibly drains financial yield from its parent corporation.
A company's use of capital (captives) regulates whether it makes a financial profit or realizes a cost. This is termed capital supervision. An economic return is defined as that amount of investment return in excess of the company's cost of capital.
Simply, a company's ROIC should not be lower than the cost of that capital. Investments include everything the company invests in or acquires, not just monetary market investments.
Captives usually do not invest in anything more interesting than the equities market, so their ROICs might be lower than that earned by their parent companies. This is acceptable unless its ROIC is lower than its parent's cost of capital.
Whether you are a Physician, a Business Owner, a CPA or a Lawyer - and, provided your company meets the minimum threshold of annual revenue, and provided our actuarial consultant agrees, you can engage with us to begin the process of formation and management.
If you are a CPA or trusted financial adviser and have clients that you think may benefit from this alternative to the main stream risk management, then, please call us and we will be more than happy to set up a meeting at your office and explain the process to you in more detail.
If you are a Physician, a Business Owner or a CPA with clients who are business owners that pay too much for business insurance, or who don't have any insurance we have a solution. Our professional staff will assist you in determining the correct risk mitigation strategy.
If your business qualifies then it may be the time to consider self protection which would drastically reduce their business insurance costs. The result is a more streamlined strategy of managing risks using proven legal methods.
A captive protection company is a company that protects or re-insures the risks of its parent company (your business), its affiliates or certain unrelated entities. It is an alternative to the traditional market and is a risk management tool that can be designed to meet and/or assist in meeting the risk management needs of its owners or members.
There are numerous reasons to form a captive.
Some of the most common are: · Reduced costs based on a company’s own historical loss experience · Stabilized pricing with a more consistent year-over-year premium cost · Freedom to protect against most business related risks and to customize the terms and conditions of its policies · Direct access to reinsurance markets that have fewer regulatory barriers and can provide coverage at a lower cost. · Capture underwriting profit.
If you are a CPA then some of your clients may be good candidates to form a captive, if their business has a good loss record and risk management practices, the ability to finance their own exposure, or unusual or hard-to-place risks.
Your clients will be very happy that you suggested it as their trusted financial advisor.
Everyone has different insurance needs. Call us today for a free personalized business assessment and find out how we can help protect your hard-won assets.
What's exciting about this is the fact that you have full control of your insurance funds in your own Insurance Company bank account, when collaborating with a professional Captive Insurance Company Formation and Management Service Provider such as Captive Synergy LLC.
When you decide to make the next move choose Captive Insurance Company Formation and Management experts in alternative risk management solutions as backed by qualified actuaries.
When utilizing these types of alternative risk management solutions these funds are not invested with another company or offshore, they remain in the United States onshore and safely within your control.
Dr. José Cross learned early on about the power of words and action – that it’s not what you say, but how you say it and when you say it, and what you do that makes the difference between success and failure in growing a business quickly. Dr. Cross learned how to connect with clients at the deepest level to earn their trust and influence, and as a result has brought in more than $50 million in sales in the past 5 years alone. Dr. Cross not only mentors some of the most successful and influential entrepreneurs and business owners in numerous industries, but she accelerates their business productivity through a strategic system of leadership.
Dr. Cross is passionate about winning and is great at what she does. She is happily married and is a proud mother of two girls.
She is the author of Business is Booming in which she discusses the 7 Powerful Keys to Unlocking Trust & Growing your Business. As a mentor, consultant and speaker on what it takes to cultivate authentic client connections that result in tremendous business growth and success, Dr. Cross operates throughout North America, Europe and Africa, and is based in Texas, United States.
Dr. Cross spent more than six years researching the key character traits of successful entrepreneurs that earned her a Doctoral Degree in Business Administration (DBA) from the University of Southern Queensland, Australia.
Dr. Cross's research helped her better understand what works for these successful business owners, what doesn’t work and why, and she now uses these valuable insights to help other business owners to model the best entrepreneurial traits and behaviors so as to avoid the pitfalls.
Dr. Cross has worked with large multinational organizations including the United Nations and Ericsson to name a few.
Dr. Cross prior to completing her Doctorate graduated with a Masters Degree in Business Administration (MBA) from Bond University Australia, and she is a certified Chartered Marketer with the Charted Institute of Marketers (UK), a Certified Professional Coach, Elite LifeCoach, a Robbins-Madanes Strategic Intervention Coach and a John Maxwell certified team member.
Dr. Cross is passionate about empowering people to be independent and to have the freedom to design the life that they really want and to be able to enjoy success in every area of their lives. And most of all, to have fun while doing it!
Dr. Cross now also forms and manages Captive Insurance Companies for those that are eager to get to grips with harnessing the gain afforded by developing true risk management strategies when self insuring their businesses.
Andrew Cross comes from a legal and aviation background and has over 20 years of experience in the following areas:
Trial Advocacy; Human Resource Management; Industrial Relations Consulting on Labor Issues & Collective Bargaining; Drafting Employment Contracts; Drafting and Implementation of Company Policy & Procedure Manuals; Representation at Mediation & Arbitration in Workplace Disputes; Handling of Lay Offs & Company Grievances; Business debt recovery; Skip Tracing; Process serving; Acquisition & Enforcement of Judgments; Corporate Traffic Offense Administration & Defense; Landlord & Tenant Representation; Representation at the Ontario Labor Relations Board; Small Claims Court Representation; ARB - Assessment Review Board for Property Taxes; Summary Criminal Matters; Bail Applications and Young Offenders Representation for Summary Criminal Matters
Andrew has management experience in all business and legal issues related to the running of a legal practice and advising clients. Andrew has supported small businesses and public organizations with their business and legal matters, with the greatest of client satisfaction and unparalleled service excellence.
Andrew has dealt with business and legal issues in a manner which is predictable, consistent and fair, recognizing that it is essential to implement corporate policies and procedures which can be understood, followed and adhered to by all employees, and by suppliers and debtors respectively. Andrew works with some of their Legal Counsel on various litigation matters. Andrew is responsible for the drafting and implementation of all Captive Contracts and Captive Insurance Policy Language to ensure legal compliance with State Regulatory Authorities. Graduated with a Bachelor Degree Magna Cum Laude from the California University of Pennsylvania and is currently completing a Master of Business Administration in Business Analytics.
Rob is our Chief Financial Officer and he has extensive international expertise as a chief financial officer/director and has previously held chief executive positions in publicly traded listed corporations focused on creating shareholder value and optimizing cash flow. He has a well rounded depth of knowledge in fund raising (debt and equity), IPO and continuing listing requirements, M&A activities, change management and strategic modelling at corporate, country, industry and business unit levels across a range of industrial sectors including mining, oil & gas, renewable energy, FMCG and commodities trading.
Rob's key expertise include in financial management, GAAP / IFRAS / IAS, corporate governance, public listing and continuing compliance requirements, treasury management, due diligence, budget management / performance, capital project control and implementation, joint ventures, organic growth and turnaround, purchasing/contract negotiation, auditing, and listed public company reporting in a number of jurisdictions/exchanges.
In regard to the insurance industry Rob was the auditor of Commercial Union Insurance company for ten years and the Chief Financial Officer of Munich Re-Insurance for 3 years both of which complied with US GAAP and IFRAS and the differences between them for insurance companies and US listed public companies.
His exposure to US compliance and GAAP started in 1974 with the audit of Unilever and Black Rock
Rob has held extremely senior positions as Director and CFO of companies listed on the Toronto stock exchange requiring compliance with SEC requirements under the joint arrangements between Canada and the US and he has a lot of exposure to US investor requirements under SEC rules.
Prior to joining Captive Synergy LLC Rob has held the position of Senior Vice President (Director & CFO) Energem Resources which was a London and Toronto stock exchange listed company. He was also the Chairman of Wesizwe Platinum listed on the Johannesburg Stock Exchange (JSE) where he turned a platinum exploration ‘prospect’ into an $870m development.
Rob was additionally CFO and Vice President of Southern Era Resources Inc. which was listed on the Toronto Stock Exchange holding Platinum, diamond and Gold assets in Canada, Africa and Australia. It was here that Rob negotiated a highly complex, technical, 10 year, price guaranteed, Platinum ‘off take’ agreement with the Motor manufacturer Ford in Detroit. This brief history is not exhaustive but demonstrates Rob's years of professional expertise across many industries, lined with success story after success story.
Consequently, we are extremely honored to have Rob as our Chief Financial Officer.
Captive Synergy LLC trusts Rob to attend to our financial matters because he is fully acquainted with insurance compliance and reporting requirements including under the SEC, certain State rules including New York and California, and the Sarbanes Oxley and Frank Dodd rules.
Our clients can rest easy knowing that Rob is looking out for their best interests.
Noel Daley was first licensed as an attorney in 1982, and has been successfully practicing for the past thirty five (35) years.
Noel uses his North American network of legal and investigation experts in advising our company on strategic legal issues as they relate to the formation and management of our clients' Captive Insurance Companies.
We utilize Noel because he is a man of integrity and he has the knowledge and resources to develop solutions that meet our business needs, and, he represents our interests whilst upholding ethical values that are beyond reproach.
His success driven methodology takes our company's as well as the individual needs and goals of our Captive clients' into account.
Trust, honor, reliability, dedication and integrity are all words that can be associated with Noel Daley Esq.
Fraus hominum ad perniciem, et integritas ad salutem vocat.
Deceit summons danger and honesty brings safety.
Celina, Texas, United States
By appointment only.