P
Phoenix Guaranty
Insurance Ltd.
Captech Management Services (Barbados) Ltd., CGM Building, Collymore Rock, St. Michael, Barbados; 246-436-8296 or 441-295-3974
Domicile: Barbados.
Risks: Workers compensation, general liability, property, reinsurance of rent-a-captive programs.
Limits: $1 million per occurrence/$2 million aggregate.
Programs: Traditional.
Policy form: Claims-made, occurrence.
Access: Qualified agents.
Established: December 1994.
Requirements: $1 million minimum premium.
Fronting insurers: Credit General Insurance Co., Reliance National Insurance Co.
Premium volume: $10 million in 1996; $14 million estimated in 1997.
1996 assets: $9.9 million.
1996 capital/surplus: $1.2 million.
Policyholders: Eight in 1996; 12 estimated in 1997.
Membership: Various.
Contact: Lawrence Dixon.
Platinum Indemnity Ltd.
Powerscourt Management Ltd., P.O. Box HM 2267, Hamilton HM JX, Bermuda; 441-295-8495
Domicile: Bermuda.
Risks: Most property and casualty lines.
Limits: Various.
Programs: Fully funded, traditional.
Policy form: Claims-made, occurrence.
Access: All brokers.
Established: 1995.
1996 assets: $1.1 million.
1996 capital/surplus: $1 million.
Contact: Andrew McComb or Chris Dickson.