Are you paying big premiums, but only ever making few small claims?
You’re not getting a fair deal
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The losses from less well-run businesses are the reason your premiums keep increasing unpredictably every year.
Does that seem right?
You deserve more control
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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?
You have no real choice but to buy
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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?
Now you can back yourself
You make an investment
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A captive is a private insurance company you own.
Although setup and management is easy – a captive manager does everything for you – ownership and control is yours.
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Your investment can be made in the form of cash and/or a letter of credit.
Collateral is adjusted annually on a defined formula, linked to premiums and claims.
As profits accumulate over time, you can use these.
And you take back some of your own risk
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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.
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You typically only pay up to $350K per claim, and $2M in total, per line of business, per year.
A built-in 5-year novation agreement removes responsibility to pay claims after 5 years, providing finality and a defined exit route.
And control your own downside
You manage your profit and loss
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Your captive receives reinsurance premiums – up to 80% of the collateral you invest.
There’s no additional premium cost to you.
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With RE–PAID, everything’s included, the only costs are captive management fees, and tax.
And influence your own claims
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Everything is handled in accordance with best practice by third-party administrators and lawyers.
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You get a real voice on how your claims are handled, defended, and settled.
So you can control your downside.
The more you control your losses, the less you pay out in claims, and the more profit your captive makes.
It’s this independence that delivers the insurance 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 captive in 2024. Using actual numbers as at November 2025, it shows the average:
collateral investment clients make
reinsurance premium their captives receive
costs and claims they’re paying
annual profit they’re making.
Collateral investment |
$453K |
Profit and loss |
|
Captive premium income |
$266K |
Less expenses (costs and claims) |
$45K |
Annual profit (before tax) |
$221K |
49% |
Return |
1
Get an illustration
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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.
Get our application form download
2
Get captive ready
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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
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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
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Launched back in 2019, RE–PAID was the first turn-key US P&C mid-market captive product.
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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 AwardsE&S Underwriting team of the year
2024 Insurance Insider US AwardsUnderwriting solution of the year
2024 Captive Review US AwardsUnderwriting solution of the year
2023 Captive Review US AwardsProgram launch of the year
2022 The Insurer Program Manager AwardsReinsurance firm of the year
2021 Captive International US AwardsInsurance solution of the year
2020 Captive Review US Captive AwardsInsurance underwriting team of the year
2020 Business Insurance US Insurance AwardsMGA initiative of the year
2019 Insurance Day London Market AwardsInnovative ART structure/new risk placement
2019 Captive Review US Captive Awards
