Insurance made simple for residents
About Resident Policy
Our Mission
Resident Policy expands the significant benefits of captive insurance to businesses for whom it was previously out of reach.
Our innovative platform empowers clients to operate as autonomous insurance entities under our established insurance license, thereby enhancing captive accessibility.
It also integrates initial setup support, capital solutions, and expert advisory services into a unified, single-source platform, streamlining day-to-day management and regulatory adherence, thus making captive ownership more attainable.
Protect Your Future Today
Identifying the Ideal Owner
Our insurance solution is perfectly suited for organizations facing specific challenges and strategic objectives:
- Businesses burdened by rising insurance premiums, even with a consistent track record of minimal claims.
- Enterprises that would benefit strategically from the tax efficiencies of self-insurance, as opposed to simply retaining cash or maintaining traditional liquidity.
- Companies struggling to secure adequate coverage in the conventional insurance market for the distinctive and unique risks inherent to their operations.
Pricing Platform
The Resident Policy platform streamlines the formation of "sponsored cell" captives, which operate as distinct insurance entities under our established license.
These sponsored cells are independently incorporated and held by various clients, ensuring that individual risks are entirely insulated from one another.
By facilitating access to their own licensed captives through this sponsorship model, the Resident Policy platform substantially cuts down the typical time and expense involved in initiating a captive. Each sponsored captive retains the autonomy to customize its insurance coverages, designate its own board of directors, manage its reserves, and function effectively as an independent insurance company. While this might appear intricate, our specialized platform simplifies the entire process, offering captive owners a comprehensive, turnkey solution.
PRICING
Resident Policy utilizes a transparent pricing model: We participate in the value generated by each of our sponsored, licensed captives. This strategy ensures our objectives are tightly interwoven with the prosperity of our clients, making our solution viable for captives of diverse scales.
To maintain minimal upfront expenses, we provide support with initial feasibility studies and comprehensive pre-launch assessments.
Post-launch, we deliver extensive management and advisory services, calibrating service fees relative to premiums to ensure the enduring economic viability of all captives, regardless of size.