Strategic Risk Solutions

SRS provides a full range of captive management services to Green Mountain clients and assist owners in the formation of captives and their on-going operation. Our services are tailored to fit the needs of individual clients. We enforce a strict peer review process to ensure the accuracy and quality of our work. All clients receive an annual stewardship report detailing our activities during the year.

Formation/Licensing

  • Business plan preparation
  • Application preparation and filing
  • Assistance with selection of service providers
  • Development of governance structure
  • Development of captive operating manual

General Management Services

  • Board meeting services including coordination of meetings and preparation of materials
  • Provision of local office
  • Local director services
  • Captive extranet

Financial Services

  • Maintenance of accounting and financial records
  • Preparation of management accounts
  • Preparation of annual budget
  • Cash management services
  • Premium tax filings and assistance with income tax preparations and other tax issues

Regulatory Compliance Services

  • Ensuring regulatory compliance in the local domicile
  • Preparation and filing of regulatory reports
  • Maintenance of records in accordance with regulatory requirements
  • Responding to regulatory examinations and inquiries

Insurance Services

  • Issuance of policies and/or certificates of insurance
  • Liaison with insurance brokers
  • Reconciliation of ceded reinsurance
  • Preparation of analytic reports including benchmarking and cause of loss reports
  • Management of exposure and loss data

The Vermont Regulatory Advantage*

Over 1,000 companies have already realized the advantages of captive insurance operations licensed in Vermont. In fact, for several years now, Vermont has ranked as the number one captive domicile in the United States and the number three-ranked domicile internationally.

Vermont’s success to date can be attributed to a combination of factors, not the least of which is the ongoing leadership of Vermont’s Governors, both past and present, and both houses of the State Legislature who continue to uphold Vermont’s longstanding tradition of providing solid support for this state’s captive industry. This fact ensures that as captive industry needs change, captive legislation in this state evolves and is further enhanced with timely and meaningful changes made to Vermont captive law.

Vermont continues to be recognized as a quality domicile by captive owners, brokers, regulators, and others in the industry due to its high level of professionalism. An ever-increasing number of companies are further recognizing Vermont as their captive insurance domicile of choice.

*Vermont Department of Financial Regulation

Let’s Get Started

Take Control, Reduce Costs, Customize Coverage

Managed by Strategic Risk Solutions, Vermont’s leading Captive Management Firm all Green Mountain clients are guaranteed a level of service that is second to none.

Providing a full range of captive management services in the formation of captives and their on-going operation, SRS services are tailored to fit the individual needs of our clients. We enforce a strict peer review process to ensure the accuracy and quality of our work including an annual stewardship report detailing our activities during the year.

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