Alexander Insurance Managers (Isle of Man) Ltd.
Post Office Chambers, Regent St., Douglas, Isle of Man; 44-1624-673833; fax: 44-1624-673242
Founded: 1985.
Parent: Aon Corp.
Frequent services: Feasibility studies, captive formation, government reporting, accounting, claims processing, claims reserves analysis, actuarial studies, loss forecasting, underwriting and ratemaking.
Occasional services: Online access to claims data, investment management.
Staff: 18; nine professionals.
Clients: 17 active captives and one inactive captive managed at year-end 1996. Captive premium volume, $166.5 million.
Compensation: Annual fee; hourly.
1996 gross revenues: 100% from fees charged for captive management.
Officers: Geoffrey A. Hunt, managing director; Duncan Donald, director-financial services; David P.J. Newman, director-insurance services.
Contact: Geoffrey Hunt.
Alexander & Alexander Services Inc. was acquired by Aon Group Inc. in January 1997.
Alexander Insurance Managers (Jersey) Ltd.
La Gallais Chambers, 54 Bath St.,
St. Helier, Jersey; 44-1481-728180;
fax: 44-1481-710551
Founded: 1995.
Parent: Aon Corp.
Frequent services: Accounting, loss forecasting.
Occasional services: Feasibility studies, captive formation, claims processing, online access to claims data, claims reserves analysis.
Clients: One active captive managed at year-end 1996.
Compensation: Annual fee; hourly.
1996 gross revenues: 100% from fees charged for captive management.
Contact: Barry J. Seymour.
Alexander & Alexander Services Inc. was acquired by Aon Group Inc. in January 1997.
Alexander
Insurance Managers
(Luxembourg) S.A.
European Bank & Business Centre, 6B Route de Treves, Senningerberg, Luxembourg; 352/34/98-98-202;
fax: 352/34/98-98-306
Founded: 1988.
Parent: Aon Corp.
Frequent services: Feasibility studies, captive formation, government reporting, accounting, claims processing, online access to claims data, claims reserves analysis, loss forecasting, underwriting and ratemaking.
Occasional services: Actuarial studies, reinsurance brokered for captives.
Staff: Two professionals.
Clients: Two active captives managed at year-end 1996. Captive premium volume, $6.5 million. Capital and surplus managed, $6.4 million. No minimum size client.
Compensation: Annual fee; hourly.
1996 gross revenues: 100% from fees charged for captive management.
Officers: Alain Dufraisse, general manager; Denis Regrain, finance manager.
Contact: Alain Dufraisse.
Alexander & Alexander Services Inc. was acquired by Aon Group Inc. in January 1997.
Alexander Insurance Managers (Netherlands Antilles) N.V.
P.O. Box 305, Curacao, Netherland Antilles; 599-9-66-1114;
fax: 599-9-66-1611
Parent: Aon Corp.
Contact: Ron Jones, 246-436-4895.
Alexander & Alexander Services Inc. was acquired by Aon Group Inc. in January 1997. Subcontracts for captive management services with Maduro & Cariels Insurance Services.
Alexander
Insurance Managers
(Singapore) Pte. Ltd.
Capitol Building, Fourth Story,
11 Stamford Road, Singapore 178884; 65-339-9233;
fax: 65-338-9880
Founded: 1987.
Parent: Aon Corp.
Frequent services: Feasibility studies, government reporting, accounting, computerized claims processing, claims reserves analysis, underwriting and ratemaking, investment management.
Occasional services: Captive formation, manual claims processing, online access to claims data, loss forecasting, reinsurance brokered for captives, captive strategy reviews.
Staff: Three; one professional.
Clients: Six active captives managed at year-end 1996. Captive premium volume, $12.8 million. Capital and surplus managed, $15.0 million. Minimum size client, $500,000.
Compensation: Annual fee; hourly.
1996 gross revenues: 100% from fees charged for captive management.
Officers: Philip Stamp, chairman; Richard Tan, managing director.
Contact: Richard Tan.
Alexander & Alexander Services Inc. was acquired by Aon Group Inc. in January 1997.
Alternative Insurance Management Services Inc.
6021 S. Syracuse Way, Suite 205, Englewood, Colo. 80111; 303-694-9360; fax: 303-694-9363
Founded: 1989.
Parent: Catholic Health Initiatives.
Frequent services: Captive formation; government reporting; accounting; claims processing; online access to claims data; claims reserves analysis; loss forecasting; managing underwriting pools/facilities; loss control (Colorado); association captive management services, including specialized accounting services and onshore services; self-insurance trust funds.
Occasional services: Feasibility studies, actuarial studies, underwriting and ratemaking, investment management, tax advice, legal advice.
Staff: Seven; three professionals.
Clients: Four active captives managed at year-end 1996. Captive premium volume, $30.0 million. Capital and surplus managed, $85.0 million. No minimum size client.
Compensation: Annual fee, $10,000 minimum; hourly: professional, $90 to $180; clerical, $50.
1996 gross revenues: $300,000, 85% from fees charged for captive management, 15% from other services.
Officers: Richard A. Johnson, president/CEO; John F. Dicola, secretary; Robert J. Halonen, treasurer; Ronald P. Nikolas, controller; Mitch H. Melfi, chairperson.
Alternative Risk Management
& Consulting Inc.
Harborside Professional Building, P.O. Box 545, Colchester, Vt. 05446; 802-860-1958; fax: 802-863-2198
Founded: 1995.
Frequent services: Feasibility studies, captive formation, government reporting, accounting, retention analysis, captive performance analysis, training in alternative risk analysis risk management techniques.
Occasional services: Loss forecasting; reinsurance brokered for captives; underwriting and ratemaking; association captive management services, including specialized accounting services and onshore services.
Staff: Five; four professionals.
Clients: Six active captives managed at year-end 1996. Captive premium volume, $9.5 million. Capital and surplus managed, $1.0 billion. No minimum size client.
Compensation: Annual fee, $25,000 minimum.
Officers: Kathryn Westover, president; Sue Urie, treasurer.
American Risk
Management Corp.
5 Burlington Square, Fourth Floor, Burlington, Vt. 05401; 802-862-4400; fax: 802-862-7797
Founded: 1990.
Parent: International Risk Management Group Ltd.
Frequent services: Feasibility studies, captive formation, government reporting, computerized accounting, computerized claims processing, claims reserves analysis, loss forecasting, reinsurance brokered for captives, reinsurance brokered to captives.
Occasional services: Manual accounting, manual claims processing, online access to claims data, underwriting and ratemaking.
Staff: Five, all professionals.
Clients*: 42 active captives managed at year-end 1996. Captive premium volume, $447.0 million. Capital and surplus managed, $272.0 million. No minimum size client.
Compensation: Annual fee, $15,000 minimum; hourly: professional, $50 to $175; clerical, $30 to $50.
1996 gross revenues: 100% from fees charged for captive management.
Officers: Peter A. Joy, president; Nancy Gray, Gary O'Hare, vps; Cynthia Reer, Mary Wrenn, assistant vps.
**Includes captives in other domiciles.
Aon Insurance
Management Services of the Virgin Islands Inc.
109-113 Castle Coakley, Christiansted, St. Croix, 00820, U.S. Virgin Islands; 809-778-0449;
fax: 809-778-1510
Founded: 1994.
Parent: Aon Corp.
Offers rent-a-captive services.
Frequent 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: One professional.
Clients: Three active captives managed at year-end 1996.
Compensation: Annual fee.
Officers: Thomas Comer, CEO.
Contact: Tracy Keill, 441-295-2220.
Figures do not reflect Aon's January 1997 acquisition of Alexander & Alexander Services Inc. **Some services provided by affiliates.
Aon Risk Services
(Antilles) N.V.
Kaya Flamboyan 3, Curacao, Netherlands Antilles; 599-9-369-294; fax: 599-9-369-350
Founded: 1994.
Parent: Aon Corp.
Frequent services: Captive formation, government reporting, accounting, claims processing, online access to claims data, claims reserves analysis.
Staff: Two professionals.
Clients: Three active captives managed at year-end 1996.
Officers: Rudy Maasdamme, managing director.
Figures do not reflect Aon's January 1997 acquisition of Alexander & Alexander Services Inc.
Aon Risk Services
(Barbados) Ltd.
Chelston Park, Building 2, Collymore Rock, St. Michael, Barbados; 246-429-9512;
fax: 246-429-8817
Founded: 1986.
Parent: Aon Corp.
Offers rent-a-captive services.
Frequent 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, reinsurance brokered to captives, underwriting and ratemaking.
Staff: Three; two professionals.
Clients: Two active captives managed at year-end 1996. No minimum size client.
Compensation: Annual fee; commission; hourly.
Contact: Thomas Comer, CEO; Martin Hole, vp/general manager.
Figures do not reflect Aon's January 1997 acquisition of Alexander & Alexander Services Inc. **Some services provided by affiliates.
Aon Risk Services
(Bermuda) Ltd.
Craig Appin House, 8 Wesley St., Hamilton HM 12, Bermuda; 441-295-2220; fax: 441-292-0217
Founded: 1970.
Parent: Aon Corp.
Offers rent-a-captive services.
Frequent 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; reinsurance brokered to captives; investment management; managing underwriting pools/facilities; loss control; association captive management services, including specialized accounting services and onshore services.
Occasional services: Underwriting and ratemaking.
Staff: 30; 15 professionals.
Clients: 82 active captives and eight inactive captives managed at year-end 1996. Captive premium volume, $650.0 million. Capital and surplus managed, $750.0 million. No minimum size client.
Subsidiaries: Aon Risk Services (Barbados) Ltd., Aon Risk Services (Cayman) Ltd.
Compensation: Annual fee; commission; hourly.
Officers: Gregg Springer, president/CEO; Tracy Keill, senior vp; Pauline Richards, senior vp/controller; Dawn Simons, Kelli Richardson, vps.
Figures do not reflect Aon's January 1997 acquisition of Alexander & Alexander Services Inc. **Some services provided by affiliates.
Aon Risk Services
(Cayman) Ltd.
Anderson Square, Third Floor, George Town, Cayman Islands, B.W.I.; 345-945-2888;
fax: 345-945-2889
Founded: 1996.
Parent: Aon Corp.
Offers rent-a-captive services.
Frequent 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; reinsurance brokered to captives; investment management; managing underwriting pools/facilities; loss control (United States); association captive management services, including specialized accounting services and onshore services.
Occasional services: Underwriting and ratemaking.
Clients: Two active captives managed at year-end 1996. No minimum size client.
Compensation: Annual fee; commission; hourly.
Officers: Thomas Comer, CEO; Tracy Keill, senior vp.
Figures do not reflect Aon's January 1997 acquisition of Alexander & Alexander Services Inc. **Some services provided by affiliates.
Aon Risk Services (Colorado)
4100 E. Mississippi Ave., Denver,
Colo. 80222; 303-758-7688;
fax: 303-758-9458
Founded: 1976.
Parent: Aon Corp.
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, loss control.
Occasional services: Claims processing; online access to claims data; association captive management services, including specialized accounting services and onshore services.
Staff: Two professionals.
Clients: One active captive managed at year-end 1996. Captive premium volume, $12.1 million. Capital and surplus managed, $56.7 million. No minimum size client.
Compensation: Annual fee.
Officers: Kathleen Knowlton, vp.
Figures do not reflect Aon's January 1997 acquisition of Alexander & Alexander Services Inc. **Some services provided by affiliates.
Aon Risk Services (Deutchland) DmbH
Marstrasse 24, Munich 80335, Germany; 49/89-9716;
fax: 49/89-9718
Founded: 1996.
Parent: Aon Corp.
Offers rent-a-captive services.
Frequent services: Feasibility studies, captive formation, accounting, claims processing, reinsurance brokered for captives, association captive management services, consulting, reinsurance broking.
Staff: Two professionals.
Contact: Julius von Rotenhan, managing director.
Figures do not reflect Aon's January 1997 acquisition of Alexander & Alexander Services Inc.
Aon Risk Services
(Europe) S.A.
283 Route d'Arlon, Strassen 8011, Luxembourg; 352/31/71-71;
fax: 352/31/71-74
Founded: 1994.
Parent: Aon Corp.
Frequent services: Feasibility studies, captive formation, accounting, reinsurance brokered for captives, association captive management services, consulting, reinsurance broking.
Staff: Four, all professionals.
Clients: Six active captives managed at year-end 1996.
Officers: Ronald Deane, managing director; Lambert Schroeder, director.
Contact: Lambert Schroeder.
Figures do not reflect Aon's January 1997 acquisition of Alexander & Alexander Services Inc.
Aon Risk Services
(Guernsey) Ltd.
P.O. Box 160, Dixcart House,
Sir William Place, St. Peter Port, Guernsey; 44-1481-713-322;
fax: 44-1481-729-189
Founded: 1995.
Parent: Aon Corp.
Frequent services: Feasibility studies, captive formation, accounting, association captive management services.
Staff: Four, all professionals.
Clients: Six active captives managed at year-end 1996.
Officers: Peter Walpole, managing director; Nick Leighton, account executive.
Figures do not reflect Aon's January 1997 acquisition of Alexander & Alexander Services Inc.
Aon Risk Services
(Ireland) Ltd.
10/12 Lansdowne Road, Dublin 4, Ireland; 353-1-605-9359;
fax: 351-1-660-1187
Founded: 1992.
Parent: Aon Corp.
Frequent services*: Feasibility studies, captive formation, government reporting, accounting, claims processing, claims reserves analysis, loss forecasting, reinsurance brokered for captives, underwriting and ratemaking for captives, investment management, international insurance broking and consulting.
Occasional services: Online access to claims data.
Staff: Three, two professionals.
Clients: Two active captives managed at year-end 1996. Captive premium volume, $22.0 million. Capital and surplus managed, $10.0 million.
Compensation: Annual fee.
Officers: Joyce MacRedmond, director.
Figures do not reflect Aon's January 1997 acquisition of Alexander & Alexander Services Inc. **Some services provided by affiliates.
Aon Risk Services
(Isle of Man) Ltd.
Clinch's House, Lord St., Douglas, Isle of Man IM1 1LD; 44-1624-615101; fax: 44-1624-615102
Founded: 1995.
Parent: Aon Corp.
Frequent 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, reinsurance brokered to captives, underwriting and ratemaking, investment management.
Staff: Two; one professional.
Clients: One captive managed at year-end 1996. No minimum size client.
Compensation: Annual fee, commission, hourly.
Contact: Ian M. Gerrard.
Figures do not reflect Aon's January 1997 acquisition of Alexander & Alexander Services Inc. **Some services provided by affiliates.
Aon Risk Services
(Nederland) B.V.
31 K.P. van der Mandelelaan, 3062 MB, Rotterdam, Netherlands; 31/10/498-1155; fax: 31/10/212-1698
Founded: 1994.
Parent: Aon Corp.
Frequent services*: Feasibility studies, captive formation, government reporting, accounting, claims processing, online access to claims data, claims reserves analysis, actuarial studies, loss forecasting, underwriting and ratemaking, investment management, loss control, association captive management services.
Staff: Four; three professionals.
Clients: Three active captives managed at year-end 1996.
Compensation: Annual fee.
Officers: Adri van Veluw, managing director; Paul Kabel, senior consultant; Eric Fritz, coordinating director-Aon Risk Services (Europe).
Figures do not reflect Aon's January 1997 acquisition of Alexander & Alexander Services Inc. **Some services provided by affiliates.
Aon Risk Services
(Vermont) Inc.
346 Shelburne Road, Burlington,
Vt. 05401; 802-860-0444;
fax: 802-860-0440
Founded: 1986.
Parent: Aon Corp.
Frequent services*: Feasibility studies; captive formation; government reporting; accounting; claims processing; online access to claims data; claims reserves analysis; actuarial studies; loss forecasting; association captive management services, including specialized accounting services and onshore services.
Occasional services*: Reinsurance brokered for captives, reinsurance brokered to captives, underwriting and ratemaking.
Staff: Two; one professional.
Clients: Five active captives managed at year-end 1996. Captive premium volume, $32.9 million. Capital and surplus, $65.8 million. No minimum size client.
Compensation: Annual fee, hourly.
Officers: Tom Comer, president.
Contact: James Murray.
Figures do not reflect Aon's January 1997 acquisition of Alexander & Alexander Services Inc. **Some services provided by affiliates.
Argus International Management Ltd.
Craig Appin House, 8 Wesley St., P.O. Box HM 1064, Hamilton HM EX, Bermuda; 441-296-2131;
fax: 441-292-6763
Founded: 1971.
Parent: Argus Insurance Co.
Offers rent-a-captive services.
Services: Feasibility studies; captive formation; government reporting; accounting; computerized claims processing; claims reserves analysis; underwriting and ratemaking; association captive management services, including specialized accounting services.
Staff: 10; five professionals.
Clients: 43 active captives and two inactive captives managed at year-end 1996.
Compensation: Annual fee; hourly, professional, $150 to $225; clerical, $45 to $75.
1996 gross revenues: 100% from fees charged for captive management.
Officers: Michael Hardy, CEO; E. John Sainsbury, managing director.
Contact: Michael Hardy.
Atlantic Security Ltd.
Windsor Place, 18 Queen St., Hamilton, Bermuda; 441-295-5425;
fax: 441-295-5444
Founded: 1974.
Parent: ASL Holdings Ltd.
Offers rent-a-captive services.
Frequent services: Captive formation; government reporting; accounting; loss forecasting; reinsurance brokered for captives; reinsurance brokered to captives; managing underwriting facilities; association captive management services, including specialized accounting services.
Occasional services: Feasibility studies, claims processing, online access to claims data, claims reserves analysis, underwriting and ratemaking, investment management.
Staff: 10; six professionals.
Clients: 27 active captives and six inactive captives managed at year-end 1996. Captive premium volume, $110.0 million. Capital and surplus managed, $65.0 million. No minimum size client.
Compensation: Annual fee, $15,000 minimum; commission; hourly: professional, $150; clerical, $75.
Officers: Colin C. James, president; Richard J. Witkowski, senior vp.