Innovation is essential to the effective use of captives. CCM was the first management firm to license and operate a new captive mechanism in the United States called a “sponsored captive,” and CCM was the first firm in Vermont to license a limited liability corporation as a captive.

The company provides comprehensive administration services, financial accounting and regulatory compliance. CCM delivers superior captive management services and communication among and between key players. Commitment to communication is our fundamental operating philosophy.

CCM assists in designing and managing a captive structure most advantageous to the client. CCM manages a portfolio diverse in captive structure with single parent captives, risk retention groups, association captives, industrial insureds and sponsored cell captives. These companies are set up as corporations, mutual insurance companies and limited liability companies. Our clients come from varied industries with a broad range of coverages.

• Pre-feasibility Study
• Application preparation & Licensing
• Financial Accounting Services (GAAP & Statutory)
• Regulatory Compliance
• Administrative Services
• Coordination with other service providers, including legal, actuarial and audit
• Claims Oversight
• Help in finding a fronting or reinsurance placement

The coordination of these services is necessary to ensure effective and efficient management of a captive. They are also essential to maintaining your captive in good standing with the domicile’s Department of Insurance. CCM combines these services and provides them as a single, coordinated task. The successful accomplishment of any one service has a profound effect on another.

CCM provides quality services to clients. Every attempt is made to understand and anticipate a client’s business needs. Every client’s needs are unique and any potential risk management solution must be crafted to make financial and strategic sense for the client.

VCIA Member
VCIA Legislative Committee
VCIA Strategic Planning Committee
Vermont Board of Public Accountancy
AICPA – American Institute of CPA’s
VSCPA – Vermont Society of CPA’s

Other:

In addition to the day-to-day service and oversight already mentioned, which we routinely provide to captives under our management, we bring three major attributes. First, we are an independent captive manager and will conduct the operations of your captive with only your best interests in mind. Second, we are responsive. We are not a big multinational organization where your captive can get lost among the multitude of other, perhaps larger, captive clients. Your captive, whatever its size, is extremely important to us. Consequently customer service is our number one priority. Third, we are knowledgeable and experienced in the business of captive management. This allows us to offer more insight to resolve any issues your captive may face.