Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

BI DIRECTORY OF CAPTIVE INSURANCE COMPANY MANAGERS

Reprints

B

BF&M Management Ltd.

P.O. Box HM 1007, Hamilton HM DX, Bermuda; 441-292-6396;

fax: 441-292-8682

Founded: 1969.

Parent: BF&M Ltd.

Offers rent-a-captive services.

Frequent services: Captive formation; government reporting; accounting; claims processing; online access to claims data; claims reserves analysis; investment management; association captive management services, including specialized accounting services.

Occasional services: Feasibility studies, reinsurance brokered for captives, reinsurance brokered to captives, underwriting and ratemaking, managing underwriting pools/facilities.

Staff: Eight; four professionals.

Clients: 28 active captives and one inactive captive managed at year-end 1996. Captive premium volume, $47.1 million. Capital and surplus managed, $186.5 million.

Subsidiaries: BF&M Management (Barbados) Ltd.

Compensation: Annual fee, $20,000 minimum; commission; hourly.

1996 gross revenues: 85% from fees charged for captive management, 2% from commissions charged for brokering insurance/reinsurance, 13% from other services.

Officers: Irmgard Viera, vp; Elizabeth A.C. Durrant, manager; John Wilkins, treasurer.

Bain Hogg

Insurance Management

(Guernsey) Ltd.

St. Julian's Court, St. Julian's Ave., St. Peter Port, Guernsey GY1 4AT; 44-1481-726049; fax: 44-1481-712428

Founded: 1978.

Parent: Aon Corp.

Services: Feasibility studies, captive formation, government reporting, accounting, manual claims processing, online access to claims data, claims reserves analysis, loss forecasting, underwriting and ratemaking, tax advice.

Staff: 13; two professionals.

Clients: 31 active captives and five inactive captives managed at year-end 1996. Capital and surplus managed, $425.0 million. No minimum size client.

Compensation: Annual fee, $35,000 minimum; hourly.

Officers: Roger Hall, managing director; Graham Powell, director.

Becher & Carlson Cos.

84 Pine St., 600 Financial Plaza,

P.O. Box 5599, Burlington,

Vt. 05401; 802-658-7831;

fax: 802-658-7843

Founded: 1982.

Parent: American Re-Insurance Co.

Frequent services: Feasibility studies, captive formation, government reporting, accounting, claims reserves analysis, actuarial studies, loss forecasting, reinsurance brokered for captives, underwriting and ratemaking, investment management, loss control.

Occasional services: Reinsurance brokered to captives.

Staff: Three; two professionals.

Clients: Five active captives managed at year-end 1996. Captive premium volume, $22.7 million. Capital and surplus managed, $29.5 million. No minimum size client.

Compensation: Annual fee.

Officers: David L. Carlson, president/CEO; Robert L. Glicksteen, senior vp/CFO; James J. Kofmehl, Robert W. Hessel, senior vps; Ann C. DesLauriers, general manager.

Becher & Carlson Management Ltd.

Continental Building, P.O. Box HM 2461, 25 Church St., Hamilton HM JX, Bermuda; 441-295-0519;

fax: 441-295-0933

Founded: 1981.

Parent: American Re-Insurance Co.

Offers rent-a-captive services.

Frequent services: Feasibility studies, captive formation, government reporting, accounting, actuarial studies, loss forecasting, reinsurance brokered for captives, managing underwriting pools/facilities.

Staff: Five; two professionals.

Clients: 11 active captives and one inactive captive managed at year-end 1996. Captive premium volume, $129.0 million. Capital and surplus managed, $610.0 million. No minimum size client.

Compensation: Annual fee, commission, hourly.

Officers: David L. Carlson, president/CEO; Rob Mehta, senior vp/general manager; Karen Nagel, James J. Kofmehl, John Sharpe, vps.

Contact: Pam Brooskin, 818-715-0800.

Becher & Carlson

Risk Management Inc.

Pacific Tower, 1001 Bishop St., Suite 2788, Honolulu, Hawaii 96813; 808-521-1121; fax: 808-521-1288

Founded: 1991.

Parent: American Re-Insurance Co.

Frequent services: Feasibility studies, captive formation, government reporting, accounting, claims reserves analysis, actuarial studies, loss forecasting, reinsurance brokered for captives, underwriting and ratemaking, loss control.

Occasional services: Investment management.

Staff: Two; one professional.

Clients: Six active captives and two inactive captives managed at year-end 1996. Captive premium volume, $50.0 million. Capital and surplus managed, $305.9 million. No minimum size client.

Compensation: Annual fee.

1996 gross revenues: 100% from fees charged for captive management.

Officers: David L. Carlson, president/CEO; Robert L. Glicksteen, senior vp/CFO; James J. Kofmehl, Robert W. Hessel, senior vps; Wanda L. Jong, vp/manager.

Contact: Pam Brooskin, 818-715-0800.

Bott & Associates Ltd.

Sterling House, Wesley St., P.O. Box HM 1087, Hamilton HM EX, Bermuda; 441-292-6564;

fax: 441-292-5796

Founded: 1979.

Offers rent-a-captive services.

Frequent services: Feasibility studies; captive formation; government reporting; accounting; claims reserves analysis; actuarial studies; loss forecasting; reinsurance brokered for captives; reinsurance brokered to captives; underwriting and ratemaking; association captive management services, including specialized accounting services.

Occasional services: Manual claims processing, managing underwriting pools/facilities.

Staff: Six; four professionals.

Clients: 12 active captives managed at year-end 1996. Captive premium volume, $14.5 million. Capital and surplus managed, $28.0 million. No minimum size client.

Subsidiaries: Bott & Associates (Barbados) Ltd.

Compensation: Annual fee, $12,000 minimum; commission.

1996 gross revenues: 50% from fees charged for captive management, 40% from commissions charged for brokering insurance/reinsurance, 10% from other services.

Officers: Michael F. Bott, president; Roy V. Bray, executive vp-broking; Scott W. Nickerson, executive vp/CFO.

Contact: Roy V. Bray.