Artex has launched a new heterogeneous group captive, Command, domiciled in Grand Cayman.
The captive will cover lines such as auto liability, general liability and workers compensation.
Artex employees will manage the captive’s programme with support from various third-party providers.
Chad Kunkel, executive vice president for group captives at Artex, commented: “As we continue to grow our existing group captives, we found a need to launch a new group captive to meet the needs of the marketplace and our broker partners.”
He added: “This programme has excellent coverages, services and pricing that will satisfy the needs of insureds. These companies are looking to have premiums based on their own experience, the ability to receive return of underwriting profit, and services to reduce claims as well as an opportunity to have better control over claims.”
