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Spring Consulting unveils captive insurance offering

Posted On: Mar. 15, 2017 1:49 PM CST

Spring Consulting Group L.L.C. on Wednesday said it has launched a new rent-a-captive product offering. 

Delaware-licensed Bloom Insurance Co. is a series captive that will be divided into cells and rented out to companies and organizations interested in using a captive to finance their risks, particularly medical stop-loss, without having to form an individual captive themselves, Boston-based Spring Consulting said in a statement.