BI DIRECTORY OF CAPTIVE INSURANCE COMPANY MANAGERS

S
SB&T Captive
Management Co.
102 S. Winooski Ave., P.O. Box 730; Burlington, Vt. 05402-0730; 802-863-5774; fax: 802-658-6191
Founded: 1982.
Parent: Smith, Bell & Thompson Inc.
Frequent services: Captive formation; government reporting; accounting; claims processing; managing underwriting pools/facilities; association captive management services, including specialized accounting services.
Occasional services: Claims reserves analysis, reinsurance brokered for captives, underwriting and ratemaking, tax advice.
Staff: Eight; seven professionals.
Clients: 13 active captives managed at year-end 1996. Captive premium volume, $129.5 million. Capital and surplus managed, $246.8 million. No minimum size client.
Compensation: Annual fee, hourly.
Officers: Roger D. Teese, president; Bradley D. Matulonis, CFO; Carolyn S. Kovac, vp; William D. Thompson, senior vp.
SLR Management
(Bermuda) Ltd.
Continental Building, Church St., P.O. Box HM 1978, Hamilton HM HX, Bermuda; 441-295-8270;
fax: 441-292-8611
Founded: 1978.
Parent: International Nederlanden Group.
Frequent services: Government reporting, accounting, claims processing, underwriting and ratemaking.
Occasional services: Feasibility studies, captive formation, investment management.
Staff: Four; three professionals.
Clients: Seven active captives and three inactive captives managed at year-end 1996.
Compensation: Annual fee.
Officers: Nicholas E.J. Wheeler, president; Angus G. Hyslop, vp; Duarte de Frias, assistant controller.
Contact: Nicholas E.J. Wheeler or Angus G. Hyslop.
Sartor Resources Ltd.
2 Le Marchant St., St. Peter Port, Guernsey GY1 2JJ; 44-1481-714792; fax: 44-1481-715071
Founded: 1990.
Offers rent-a-captive services.
Frequent services: Feasibility studies, government reporting, accounting, underwriting and ratemaking.
Occasional services: Captive formation, claims processing, online access to claims data, claims reserves analysis, loss forecasting, reinsurance brokered for captives, reinsurance brokered to captives.
Staff: Four; three professionals.
Clients: Six captives managed at year-end 1996.
Compensation: Annual fee, hourly.
Officers: Roger Taylor, managing director; George Freeman, director.
Sedgwick Management Services (Bermuda) Ltd.
Cumberland House, Level 6,
1 Victoria St., P.O. Box HM 2280, Hamilton HM JX, Bermuda; 441-292-6667; fax: 441-292-0498
Founded: 1973.
Parent: Sedgwick Group P.L.C.
Frequent services*: Feasibility studies; captive formation; government reporting; accounting; claims processing; claims reserves analysis; actuarial studies; loss forecasting; underwriting and ratemaking; managing underwriting pools/facilities; loss control; association captive management services, including specialized accounting services and onshore services; assist in selection of service providers; establish asset management and underwriting policies.
Occasional services: Reinsurance brokered for captives.
Staff: 33; 14 professionals.
Clients: 39 active captives and 17 inactive captives managed at year-end 1996. Captive premium volume, $305.0 million. Capital and surplus managed, $724.0 million. No minimum size client.
Subsidiaries: Sedgwick Management Services (Cayman) Ltd.
Compensation: Annual fee, commission, hourly.
1996 gross revenues: 67% from fees charged for captive management, 33% from commissions charged for brokering insurance/reinsurance.
Officers: Denville C. Reed, president; A. Trevor Metcalf, senior vp-brokerage services; Peter J. Willitts, senior vp-captive management services; Nigel M. Godfrey, vp-corporate services.
Contact: Denville C. Reed, 441-292-6667 ext. 200.
**Some services provided by other divisions of the Segwick Group.
Sedgwick Management Services (Guernsey) Ltd.
Dixcart House, Sir William Place, St. Peter Port, Guernsey GY1 4NB; 44-1481-710555;
fax: 44-1481-721857
Founded: 1978.
Parent: Sedgwick Group P.L.C.
Frequent services: Feasibility studies, captive formation, government reporting, accounting, computerized claims processing, claims reserves analysis, loss forecasting, underwriting and ratemaking.
Occasional services: Manual claims processing, actuarial studies, reinsurance brokered for captives, reinsurance brokered to captives, managing underwriting pools/facilities.
Staff: 13; six professionals.
Clients: 26 active captives managed at year-end 1996.
Officers: Lawrence Bird, Pauline Chapman, Mary Mooney, assistant directors; Peter Touzeau, accountant; Sally Cockett, underwriter.
Sedgwick Management Services (Ireland) Ltd.
25-28 Adelaide Road, Dublin 2, Ireland; 353-1-604-8100;
fax: 353-1-661-9869
Founded: 1988.
Parent: Sedgwick Group P.L.C.
Services: Feasibility studies, captive formation, government reporting, accounting, claims processing, online access to claims data, claims reserves analysis, actuarial studies, loss forecasting, reinsurance brokered for captives, investment management.
Staff: 10; nine professionals.
Clients: 10 active captives managed at year-end 1996.
Compensation: Annual fee, hourly.
Officers: Garry Cullen, Thomas Crumlish, directors.
Contact: Garry Cullen.
Sedgwick Management Services (Isle of Man) Ltd.
Atlantic House, 4-8 Circular Road, Douglas, Isle of Man IM1 1AG; 44-1624-625313; fax: 44-1624-624523
Founded: 1982.
Parent: Sedgwick Group P.L.C.
Frequent services: Captive formation, government reporting, accounting, claims processing, claims reserves analysis, loss forecasting, underwriting and ratemaking.
Occasional services: Feasibility studies, online access to claims data, actuarial studies.
Staff: 17 total, all professionals.
Clients: 36 active captives managed at year-end 1996.
Compensation: Annual fee, hourly.
Officers: A.P. Rickett, managing director; G. Crease, director; C. Kniveton, P. McDonald, account executives.
Sedgwick
Management Services
(Singapore) Pte. Ltd.
51 Bras Basah Road, Suite 08-03, Plaza by the Park, Singapore 189554; 65-336-8383; fax: 65-336-5463
Founded: 1984.
Parent: Sedgwick Group P.L.C.
Frequent services: Feasibility studies, captive formation, government reporting, accounting, claims processing, underwriting and ratemaking, loss control (Asia).
Occasional services: Claims reserves analysis, loss forecasting, tax advice.
Staff: 15; 10 professionals.
Clients: 19 active captives managed at year-end 1996. Captive premium volume, $81.0 million. Capital and surplus managed, $216.3 million. No minimum size client.
Compensation: Annual fee, hourly.
Officers: George Tarabaras, managing director; Kenneth Chew, financial controller; Lucy Chan, accounting manager; Wong Swee Meng, assistant accounting manager; Ethel Hay, underwriting manager.
Sedgwick Management Services (U.S.) Ltd.
2000 S. Colorado Blvd., Denver,
Colo. 80222; 303-691-1300;
fax: 303-758-2302
Founded: 1982.
Parent: Sedgwick James Inc.
Frequent services: Feasibility studies; captive formation; government reporting; accounting; computerized claims processing; online access to claims data; claims reserves analysis; actuarial studies; loss forecasting; reinsurance brokered for captives; reinsurance brokered to captives; underwriting and ratemaking; managing underwriting pools/facilities; loss control; association captive management services, including specialized accounting services and onshore services.
Occasional services: Manual claims processing.
Staff: Two professionals.
Compensation: Annual fee; commission; hourly: professional, $100 to $250; clerical, $50 to $75.
1996 gross revenues: 100% from fees charged for captive management.
Officers: Jane Hill Fleming, president.
Contact: Andrew Sargeant, 802-229-5042.
Sedgwick Management Services (U.S.) Ltd.
1164 Bishop St., Suite 1411,
Honolulu, Hawaii 96813; 808-538-7766; fax: 808-538-7780
Founded: 1982.
Parent: Sedgwick James Inc.
Officers: Jane Hill Fleming, president.
Contact: Reid Richards.
Subcontracts for regulatory and financial services with Hawaii Captive Insurance Management Inc./USA Risk Group.
Sedgwick Management Services (U.S.) Ltd.
230 W. Monroe St., Chicago,
Ill. 60606; 312-346-3000;
fax: 312-346-1693
Founded: 1982.
Parent: Sedgwick James Inc.
Frequent services: Feasibility studies; captive formation; government reporting; accounting; computerized claims processing; online access to claims data; claims reserves analysis; actuarial studies; loss forecasting; reinsurance brokered for captives; reinsurance brokered to captives; underwriting and ratemaking; managing underwriting pools/facilities; loss control; association captive management services, including specialized accounting services and onshore services.
Occasional services: Manual claims processing.
Staff: Two; one professional.
Clients: No minimum size client.
Compensation: Annual fee; commission; hourly: professional, $100 to $250; clerical, $50 to $75.
1996 gross revenues: 100% from fees charged for captive management.
Officers: Jane Hill Fleming, president.
Contact: Andrew Sargeant, 802-229-5042.
Sedgwick Management Services (U.S.) Ltd.
3401 West End Ave., Suite 690, Nashville, Tenn. 37203; 615-298-1414; fax: 615-298-9811
Founded: 1982.
Parent: Sedgwick James Inc.
Officers: Jane Hill Fleming, president.
Contact: Andrew Sargeant, 802-229-5042.
Subcontracts for regulatory and financial services with Vermont Insurance Management Inc./USA Risk Group.
Sedgwick Management Services (U.S.) Ltd.
P.O. Box 306, Montpelier,
Vt. 05601; 802-229-5042;
fax: 802-229-6280
Founded: 1982.
Parent: Sedgwick James Inc.
Officers: Jane Hill Fleming, president.
Contact: John Harrington, 802-229-5042.
Subcontracts for regulatory and financial services with Vermont Insurance Management Inc./USA Risk Group.
SINSER A.B.
Grev Turegatan 9, Stockholm, Sweden 11446; 46-8-614-1700;
fax: 46-8-678-1800
Founded: 1983.
Parent: SINSER Holding A.B.
Offers rent-a-captive services.
Frequent services: Feasibility studies; captive formation; government reporting; accounting; claims reserves analysis; managing underwriting pools/facilities; association captive management services, including specialized accounting services and onshore services; conferences and seminars.
Occasional services: Actuarial studies, loss forecasting, investment management, tax advice, legal advice.
Staff: 13 professionals.
Clients: 16 active captives managed at year-end 1996.
Compensation: Annual fee, hourly.
Officers: Mats Lindkvist, managing director; Bo Goran Persson, Cecilia Backlund, deputy managing directors.
SINSER (Aland) A.B.
Koperhamnsgatan 6, SF-22100 Mariehamn, Aland; 358/18/27690;
fax: 358/18/27699
Founded: 1996.
Parent: SINSER Holding A.B.
Staff: One professional.
Officers: Mats Lindkvist, managing director; Bo Goran Persson, Bo Sture Sjolund, directors.
SINSER Denmark
Stamholmen 161, DK-2650 Huidoure, Denmark; 45-368-74693; fax: 45-368-74694
Founded: 1992.
Parent: SINSER.
Offers rent-a-captive services.
Services: Feasibility studies, captive formation, government reporting, accounting, claims reserves analysis, actuarial studies, tax advice.
Staff: Two professionals.
Clients: Two active captive managed at year-end 1996.
Officers: Nikolaj Boysen, actuary.
SINSER (Europe) S.A.
P.O. Box 593, L-2015 Luxembourg; 352/22/34-22-310; fax: 352/47/02-51
Founded: 1988.
Parent: SINSER Holding A.B.
Offers rent-a-captive services.
Frequent services: Feasibility studies; captive formation; government reporting; accounting; association captive management services, including specialized accounting services and onshore services; conferences and seminars.
Occasional services: Actuarial studies, loss forecasting, investment management, tax advice, legal advice.
Staff: Seven, all professionals.
Clients: 17 active captives managed at year-end 1996.
Compensation: Annual fee, hourly.
Officers: Charles Besnehard, managing director.
SINSER (International) S.A.R.L.
P.O. Box 593, L-2015 Luxembourg; 352/22/34-22-219; fax: 352/47/02-50
Founded: 1994.
Parent: SINSER Holding A.B.
Offers rent-a-captive services.
Frequent services: Feasibility studies; captive formation; government reporting; accounting; claims reserves analysis; association captive management services, including specialized accounting services and onshore services; conferences and seminars.
Occasional services: Actuarial studies, loss forecasting, investment management, tax advice, legal advice.
Staff: One professional.
Clients: Three active captives managed at year-end 1996.
Compensation: Annual fee, hourly.
Officers: Tomas Wittbjer, managing director.
SINSER (Ireland) Ltd.
11 Windsor Place, Lower Pembroke St., Dublin 2, Ireland; 353-1-676-8766; fax: 353-1-676-8792
Founded: 1989.
Parent: SINSER Holding A.B.
Frequent services: Feasibility studies; captive formation; government reporting; accounting; claims reserves analysis; association captive management services, including specialized accounting services and onshore services; conferences and seminars.
Occasional services: Actuarial studies, loss forecasting, investment management, tax advice, legal advice.
Staff: Nine, all professionals.
Clients: 17 active captives managed at year-end 1996.
Compensation: Annual fee, hourly.
Officers: Irene Ryan, managing director.
SINSER (Isle of Man) Ltd.
P.O. Box 276, Douglas, Isle of Man; 44-1624-614901; fax: 44-1624-614284
Founded: 1995.
Parent: SINSER Holding A.B.
Officers: Irene Ryan, managing director.
SINSER (Luxembourg) S.A.R.L.
P.O. Box 593, L-2015 Luxembourg; 352/22/34-22-1; fax: 352/47/02-50
Founded: 1984
Parent: SINSER Holding A.B.
Offers rent-a-captive services.
Frequent services: Feasibility studies; captive formation; government reporting; accounting; claims reserves analysis; managing underwriting pools/facilities; association captive management services, including specialized accounting services and onshore services; conferences and seminars.
Occasional services: Actuarial studies, loss forecasting, investment management, tax advice, legal advice.
Staff: 15, all professionals.
Clients: 33 active captives managed at year-end 1996.
Compensation: Annual fee, hourly.
Officers: Tony Nordblad, managing director.
Skandia International Risk Management Ltd.
Skandia International House,
16 Church St., P.O. Box HM 2062, Hamilton HM HX, Bermuda; 441-295-2185; fax: 441-292-8637
Founded: 1979.
Parent: Skandia/SINSER Group.
Offers rent-a-captive services.
Frequent services: Captive formation; government reporting; accounting; computerized claims processing; investment management; managing underwriting pools/facilities; association captive management services, including specialized accounting services.
Occasional services: Feasibility studies, manual claims processing, online access to claims data, claims reserves analysis, loss forecasting, reinsurance brokered for captives, underwriting and ratemaking.
Staff: 15; eight professionals.
Clients: 82 active captives captives managed at year-end 1996. No minimum size client.
Subsidiaries: Skandia International Risk Management (Vermont) Inc.
Compensation: Annual fee, hourly.
Officers: Nicholas S. Dove, president; Robert J. Rosser, Robert W. Eastham, Adrian Lee-Emery, senior vps.
Skandia International Risk Management (Vermont) Ltd.
346 Shelburne Road, P.O. Box 64649, Burlington, Vt. 05406-4649; 802-658-1474; fax: 802-658-0692
Founded: 1986.
Parent: SINSER Holding A.B.
Offers rent-a-captive services.
Frequent services: Captive formation; government reporting; accounting; managing underwriting pools/facilities; association captive management services, including specialized accounting services and onshore services.
Occasional services: Feasibility studies, claims processing, investment management.
Staff: Five; four professionals.
Clients: 16 active captives and three inactive captives managed at year-end 1996. Captive premium volume, $36.5 million. Capital and surplus managed, $64.3 million. No minimum size client.
Compensation: Annual fee.
1996 gross revenues: 100% from fees charged for captive management.
Officers: George A. Chaffee, president; Patricia Henderson, vp/secretary; David M. Boardman, vp.
Sogecore A.G.
Bleycherweg 39, Zurich, CH 8027, Switzerland; 41-1-201/79/70;
fax: 41-1-201/25/88
Founded: 1994.
Parent: Sogecore Group.
Services: Feasibility studies; captive formation; government reporting; computerized accounting; computerized claims processing; claims reserves analysis; actuarial studies; loss forecasting; reinsurance brokered for captives; underwriting and ratemaking; association captive management services, including specialized accounting services.
Staff: One professional.
Clients: Two active captives managed at year-end 1996.
Officers: Rubo Schilling, Pierre Perrenoud, Jean Thilly, Gilles Coremans.
Sogecore S.A.
6B Route de Treves, Senningerberg, Luxembourg 2633; 352/34/68-66; fax: 352/34/68-40
Founded: 1987.
Services: Feasibility studies; captive formation; government reporting; accounting; computerized claims processing; claims reserves analysis; actuarial studies; loss forecasting; reinsurance brokered for captives; underwriting and ratemaking; association captive management services, including specialized accounting services.
Staff: 12, all professionals.
Clients: 37 active captives managed at year-end 1996.
Officers: Jean Thilly, Gilles Coremans, Jhyslayn Laurent, Lidia Palunbo, Sophie Vandeuen.
Sogecore Ireland Ltd.
2/3 Exchange Place, I.F.S.C.,
Dublin 1, Ireland; 353-1-670-1340;
fax: 353-1-670-1342
Founded: 1989.
Parent: Sogecore Group.
Officers: Jean Thilly, director; Gilles Coremans, John Prosser.
Subcontracts for captive management services with FBD Management Services.
Spread Insurance Management Ltd.
P.O. Box 119, Commerce House, St. Peter Port, Guernsey GY1 3HB; 44-1481-714161; fax: 44-1481-711657
Founded: 1992.
Parent: Reads Holdings Ltd.
Frequent services: Feasibility studies, captive formation, government reporting, accounting, computerized claims processing, claims reserves analysis, underwriting and ratemaking, tax advice, legal advice, subcontract captive management facilities.
Occasional services: Manual claims processing, loss forecasting, investment management.
Staff: 140; 100 professionals.
Clients: 16 active captives and four inactive captives managed at year-end 1996. No minimum size client.
Compensation: Annual fee, hourly.
Officers: Callum Beaton, managing director; Steven Parrott, John Rowe, John Fewkes, Eifion Thomas, directors.
Symphony Management Ltd.
P.O. Box HM 1538, Hamilton HM FX, Bermuda; 441-295-2447;
fax: 441-292-0511
Founded: 1991.
Offers rent-a-captive services.
Frequent services: Feasibility studies; captive formation; government reporting; accounting; claims processing; reinsurance brokered for captives; managing underwriting pools/facilities; association captive management services, including specialized accounting services.
Occasional services: Online access to claims data, reinsurance brokered to captives, underwriting and ratemaking, investment management.
Staff: Six; five professionals.
Clients: 13 active captives and one inactive captive managed at year-end 1996. Captive premium volume, $100.0 million. Capital and surplus managed, $60.0 million. No minimum size client.
Compensation: Annual fee; commission; hourly: professional, $130 to $200; clerical, $75 to $90.
Contact: John G. Neal, president; Helen J. Trundle, vp.