Are you paying big premiums, but only making few claims?

You’re not getting a fair deal, and you’re not alone

  • The claims from less well-run businesses are the reason your premiums keep increasing unpredictably every year.

    Does that seem right?

  • Insurance is basically a mandatory purchase.

    No matter how well you manage risk in your business, your own governance, as well as your financiers, customers and business partners, require it.

    Shouldn’t there be another way for businesses like yours?

  • You don’t have a say, but you should.

    If you’re good, and not just lucky, you’ve proven you can manage risk in your business.

    What if you could take some of the risk yourself, in a controlled and manageable way?

What if there was an upside?

Now you can back yourself

You make an investment

  • A captive is a private insurance company you own.

    You invest collateral in the form of cash and/or a letter of credit, investing once to earn a return year-on-year.

    Collateral is not a cost – it's an asset set aside so your captive insurance company can take risk.

    It is adjusted annually on a defined formula, linked to premiums and claims.

    As profits accumulate over time, you can use these.

    Setup and management is easy – a captive manager does everything for you.

    Ownership and control is yours.

  • You become your own reinsurer.

    Your captive takes some of the risk from your own insurance policy, and it pays your own claims.

    You can also take a share of the other risks we insure.

    You typically only pay up to $500K per claim, and $2M in total, per line of business, per year.

    After 5 years, the claims for each underwriting year are actuarially assessed for novation, which provides finality and a defined exit route – novation means your captive no longer has any responsibility to pay claims.

You take back some of your own risk

You control your own downside

You manage your profit and loss, and influence your own claims

  • Your captive receives reinsurance premiums – up to 80% of the collateral you invest.

    There’s no additional premium cost to you.

    With RE–PAID, everything’s included, the only costs your captive pays are management fees and tax.

  • Your claims are handled as you’d expect, in accordance with best practice, by third-party administrators and lawyers.

    But, for the first time you get a real voice on how your claims are handled, defended, and settled.

    So you can control your downside.

It’s this independence that delivers the price stability you’ve never had before

To earn an exceptional return

You turn your premiums into profits, year-on-year

This real-life example shows the average RE–PAID client paying property and general liability insurance premiums between $1M and $5M.

Using actual numbers for the underwriting year to April 2025, the average insurance premium was $2.1M.

This table shows the performance of the captives those clients own, detailing the average:

  • collateral investment clients made

  • profit and loss account performance, showing the reinsurance premium their captive took back, their costs and claims (including loss reserves and IBNR), and the annual profit they made.

  • their annual percentage return – the annual profit they made as a percentage of the collateral they invest.

Collateral investment

$756K

Profit and loss

 

Captive premium income

$605K

Less expenses

 

Management fees

-$40K

Claims (to ultimate loss ratio)

-$283K

Annual profit (before tax)

$282K

37%

Annual average return

Insurance becomes your best performing investment

1

Get an illustration

  • Only very basic information is required. We will quickly work up an illustration, with a profit projection.

    This establishes the business case first, and ensures you don’t waste your time doing any unnecessary work.

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2

Get captive ready

  • Work with a captive manager to understand what’s involved and the decisions that need to be made. This includes things like:

    • What’s the captive going to be called?

    • Who’s going to own and control it?

    • Which advisers are required?

3

Get a quote

  • All the information you provide directly impacts the insurance premium and how much goes back to the captive.

    It’s a real underwriting process – you can talk directly to the underwriting team, who take an individually tailored approach to provide the:

    • Insurance quote

    • Reinsurance quote

    • Profit projection

Get in touch

We get it

  • Launched back in 2019, RE–PAID was the first turn-key US P&C mid-market captive product.

  • Every year since launch, I–RE has achieved market recognition as an award finalist and winner.

    Underwriting solution of the year
    2025 Captive Review US Awards

    E&S Underwriting team of the year
    2024 Insurance Insider US Awards

    Underwriting solution of the year
    2024 Captive Review US Awards

    Underwriting solution of the year
    2023 Captive Review US Awards

    Program launch of the year
    2022 The Insurer Program Manager Awards

    Reinsurance firm of the year
    2021 Captive International US Awards

    Insurance solution of the year
    2020 Captive Review US Captive Awards

    Insurance underwriting team of the year
    2020 Business Insurance US Insurance Awards

    MGA initiative of the year
    2019 Insurance Day London Market Awards

    Innovative ART structure/new risk placement
    2019 Captive Review US Captive Awards

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If you don’t, your competitors will