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Pinehurst
Management Co. Ltd.
Dallas Building, Fifth Floor,
7 Victoria St., Hamilton HM GX, Bermuda; 441-295-4864;
fax: 441-292-7375
Founded: 1967.
Parent: Charles Taylor Group.
Offers rent-a-captive services.
Frequent services: Captive formation; government reporting; accounting; claims processing; managing underwriting pools/facilities; association captive management services, including specialized accounting services and onshore services.
Occasional services: Feasibility studies, claims reserves analysis, reinsurance brokered for captives, underwriting and ratemaking.
Staff: 13; five professionals.
Clients: 29 active captives and four inactive captives managed at year-end 1996.
Subsidiaries: Pinehurst Management Co. (Barbados) Ltd.
Officers: Carl Daly, managing director; Andrew Wallace, director; Karen Ebbin, Shawn MacMullen, assistant vps.
Powerscourt Management Ltd.
Windsor Place, 18 Queen St., Hamilton HM 11, Bermuda; 441-295-8495; fax: 441-292-1196
Founded: 1984.
Parent: The Powerscourt Group Ltd.
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; reinsurance run-off consulting and management.
Occasional services: Claims processing, loss forecasting, reinsurance brokered for captives, reinsurance brokered to captives, underwriting and ratemaking, investment management.
Staff: 10; eight professionals.
Clients: 25 active captives managed at year-end 1996.
Compensation: Annual fee, hourly.
Officers: John R. Kane, chairman; Andrew McComb, president/CEO; Steven R. Western, senior vp; Nick Packer, vp-underwriting; Wanette M. Vann, vp-insurance services.
Contact: Andy McComb or Steve Western.