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Arthur J. Gallagher Management (Bermuda) Ltd.
Sofia House, 48 Church St., Hamilton HM 12, Bermuda; 441-292-4654; fax: 441-292-8231
Founded: 1972.
Parent: Arthur J. Gallagher & Co. Inc.
Frequent services: Captive formation; government reporting; accounting; claims processing; reinsurance brokered for captives; reinsurance brokered to captives; underwriting and ratemaking; loss control (Itasca, Ill.); association captive management services, including specialized accounting services.
Occasional services: Feasibility studies, online access to claims data.
Staff: Five; three professionals.
Clients: 11 active captives and one inactive captive managed at year-end 1996. Captive premium volume, $25.0 million. No minimum size client.
Compensation: Annual fee, $20,000 minimum; commission.
Officers: Peter Mullen, president; Brian Webb, vp.
Contact: Brian Webb.
Gecalux S.A.
5 Place de la Gare, L-1616, Luxembourg; 352/40/38-80-1;
fax: 352/49/27-06
Founded: 1984.
Frequent services: Feasibility studies, captive formation, accounting, manual claims processing, actuarial studies.
Occasional services: Government reporting, computerized claims processing, online access to claims data, claims reserves analysis, reinsurance brokered for captives, tax advice, legal advice.
Staff: 52, all professionals.
Clients: 67 active captives managed at year-end 1996.
Compensation: Annual fee, hourly.
Officers: Roland Frere, managing director; Frederick Gabriel, general manager; Claude Stiennon, deputy general manager; Jean Francois Mirarchi, general manager-accounting; Arnaud Bierry, general manager-administration.
Global Risk
Financing Services Ltd.
4870 The Dale, West Vancouver,
B.C. V7W 1K3, Canada; 604-925-3939; fax: 604-925-3934
Founded: 1990.
Officers: Terry Holdom, president; Susan Gallivan, vp.
Subcontracts for captive management services with International Risk Management Group.
Green Mountain
Captive Management Co.
P.O. Box 628, 83 Washington St., Barre, Vt. 05641; 802-479-1046;
fax: 802-479-2761
Founded: 1982.
Services: Association captive management services.
Staff: Three; two professionals.
Compensation: Annual fee, $6,000 minimum.
Officers: Richard W. Huskes Jr., president; James L. Mulligan, vp.
Contact: Richard W. Huskes.
Griffiths & Wanklyn Management Ltd.
Craig Appin House, 8 Wesley St., Hamilton, Bermuda; 441-295-1639; fax: 441-295-1638
Founded: 1985.
Offers rent-a-captive services.
Frequent services: Captive formation, government reporting, accounting, computerized claims processing, reinsurance brokered for captives.
Occasional services: Feasibility studies; online access to claims data; investment management.
Staff: Six total.
Clients: Three active captives managed at year-end 1996.
Compensation: Annual fee, $12,000 minimum; commission.
Officers: Julian Griffiths, William Wanklyn, Lisa Robinson, John LaLone, directors.
Guardrisk Insurance Co. Ltd.
P.O. Box 62018, Marshalltown 2107, Johannesburg, South Africa; 27/11/484-4906; fax: 27/11/484-3010
Founded: 1993.
Officers: Roger Voysey, managing director; Fernando Patrizi, general manager-business development; Volker von Widdern, general manager-finance/operations.
Contact: Roger Voysey.
Subcontracts for captive management services with Willis Corroon Management (Isle of Man) Ltd.