Keystone Risk Partners Services
We offer two primary services to help brokers engineer better risk management solutions:
Structuring Captive Solutions.
We design, develop, and implement captive insurance solutions. We use our in-depth understanding of captive formation and structure to help clients navigate through the tax, regulatory, legal, and financial aspects of captive solutions. Using a number of different Bermuda-domiciled rent-a-captives, we place clients into the appropriate structure, while assuring proper care through service partners in Bermuda that we have vetted to provide related accounting, captive management, and legal services.
Marketing Traditional Coverage.
We also provide marketing services to help clients find and secure the most advantageous traditional coverage. Using our proprietary Keystone SmartMarketing Database, we can pinpoint the carrier that is most likely to underwrite varying risk and industry profiles and manage the submission process to best advantage for the client. We have had notable success in binding coverage where it was not otherwise available, was unaffordable or where it was difficult to finance.
Insurance Coverages
Keystone works exclusively with property & casualty coverage for middle-market or larger corporate insureds. This would include:
The Typical Keystone Client
Keystone Risk Partners helps brokers with clients in a wide variety of industries. Our current clients are comprised of the following industries:
Keystone can add the most value for brokers in situations where the client is in an out-of-favor industry or where the client has unique operational or financial aspects that do not allow them to fit neatly into the coverage boxes of major carriers. Keystone‘s deep experience and creativity in structuring captive solutions is especially valuable where the client has financial or other motives driving their insurance.
Benefits of Being a Keystone Broker Partner
Keystone collaborates with brokers of all types and sizes throughout the life cycle of a corporate account.
For regional brokers, Keystone provides access to sophisticated captive solutions that they would not otherwise be able to confidently access. We also provide regional brokers with marketing assistance for traditional placements that puts them on a level playing field with the largest firms in the country. For large brokers, we structure and place captive solutions quickly and reliably, providing a responsive supplement to in-house services.
Our financial analytic capabilities give you an understanding of how a client will be perceived by underwriters and what can be done to remedy deficiencies.
Our partnerships with pre-vetted providers of third-party services like claims administration, loss prevention services, actuarial services, and managed care providers gives you the ability to confidently offer these services on an a la carte basis for clients looking for more control over the insurance spending and relationships.
Our understanding and experience working with a variety of captive structures allows us to be creative and innovative in exploring the different ways in which captive solutions can be applied to a particular situation. This creativity creates a valuable tool that you can use to attract or retain substantial corporate accounts facing substantial premium hikes or unable to find coverage.
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