Captive Calculator1
Want to know how much you could be earning by partnering with
SeQure? Wonder what typical collateral requirements may look
like?
Use our new Captive Calculator to see how much more you could
earn by partnering with SeQure. Our Captive Calculator also gives
you an estimate of the costs to collateralize a SeQure captive.
This calculator is just an approximation of the costs and
accumulated profits assicated with participating in a SeQure
captive. We are using market estimates for charges such as
reinsurance, fees, and earning potential, which will vary based on
coverage line and class of business, to help illustrate how much
value can be added by partnering with SeQure.
The snapshot below takes a look at the ten
year value of a sample captive arrangement.
Collateral requirements are usually spread out over a minimum
of three years. If you have any questions, please Contact Us
today.
- SUBJECT TO ACTUARIAL REVIEW; based on a 50% quota-share
arrangement with front/reinsurer and current market rates for
specific and aggregate reinsurance premiums for low to moderate
risk exposures
- Total annual premium must be at least $3,000,000
- Must include IBNR (Incurred But Not Reported), ALAE (Allocated
Loss Adjustment Expense) and ALAE IBNR
- Represents the percentage of the 50% quota share; must be at
least 20%
- Estimated maximum exposure paid over three (3) years; release
of collateral may start to occur after three (3) years and is
subject to loss development and lines of coverage; additional
premium (new and renewal) written in excess of the Annual
Premium above will require additional collateral, the amount of
which will depend on the incremental premium, loss development of
previous year(s) and any release of previous year's(s')
collateral
- Achieved over a 10-year period based on loss development
and lines of coverage; does not include commission received on a
monthly or other basis or investment income earned on the
accumulated value attributed to the captive
arrangement.
- Based on Estimated Collateral Requirement paid
equally over the first three years of the program and Projected
Value at the end of year 10.
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