RRGs In The Market For Captive Managers
Risk retention groups require similar services to those of traditional insurers, but one aspect of RRG operations not found in traditional insurance carriers is the captive manager.
RRGs that are regulated in states with captive laws such as Vermont, South Carolina and Hawaii are required to have captive managers that not only provide a range of management services to the RRG but also serve as a liaison between the RRG and the state regulator.
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