Many of our clients utilize captive insurance companies to write the type of highly specialized and often complex coverage that best suits their needs.  We assist in the formation of those companies and in their administration by ensuring their compliance with applicable statutory and regulatory requirements, analyzing and monitoring reserves, addressing claims-handling questions and problems, working with brokers to place reinsurance, interacting with captive managers, brokers and reinsurers to maximize reinsurance recoveries, preparing and analyzing commutation proposals, crafting commutation agreements, and monitoring and counseling regarding reinsurer insolvencies.