Founded in 2002, Rembrandt SPC, Ltd. continues to provide segregated cells for a variety of coverages and structures over a wide range of diversified businesses. This professionally managed rent-a-captive facility offers various risk-sharing arrangements for individual companies, groups, and associations.
Examples of feasible captive insurance programs include:
Cayman SPC legislation insulates participants in Rembrandt’s rent-a-captive programs from each other so that each participant operates independently of other programs and of the company as a whole. This provides peace of mind knowing that your funds cannot be used to offset losses of other rent-a-captive participants.
As a viable alternative to an 831(b) captive, Rembrandt SPC, Ltd. is a Non-Controlled Foreign CorporationInformation Non-Controlled Foreign Corporation: A firm incorporated under the laws of a foreign (non-US) jurisdiction with no one US shareholder controlling 10% or more of the voting powers. US shareholders of an NCFC are required to pay taxes on distributed income but may defer payment of taxes on constructive dividend income until distributed., which allows participants to benefit from underwriting profits and investment income, on a tax-deferred basis, generated by the risks insured in specific individual Segregated Portfolios.
The ongoing costs are also significantly less than those associated with owning a captive, since operating expenses are spread among the other participants without the encumbrance of forming a new company, capitalizing it and contributing to surplus. Overall, we are able to provide a superior cost-effective facility compared to other more expensive U.S. onshore and offshore-based operations.
The owners of Rembrandt are experienced insurance professionals committed to regulatory compliance and transparency with our customers. Our mission is to support our customers’ business objectives through well designed, secure, and innovative programs.
A Midwestern Multi Specialty
Regardless of market conditions, the use of a rent-a-captive can help individual businesses, groups and associations, achieve the benefits of exclusive risk financing models previously reserved for large corporations with sophisticated risk management programs.
The advantages of participating in a Rembrandt’s segregated portfolio include:
Please review our site to learn how Rembrandt is unique among rent-a-captive and contact us for additional information.