Turn-Key 831(b) Captive Formation

A Turn-Key Solution Is What We're All About
You're good at what you do. You've built a successful business. The last thing you need to worry about is running an insurance company. At Montera, we're good at what we do, too. We will do everything possible to make the captive insurance process a turn-key solution so you can continue to focus on running your operating business.

We Take The Lead
Montera Management will take the lead and customize the best possible captive solution. Your insurance company will be structured so that it handles the risk management needs of your business and provides a financial war chest you can count on. Once the captive is formed, Montera's personal and active oversight will ensure it remains in compliance and good standing with all governing and regulatory bodies through its lifetime.

Discovery
Every journey begins with the first step. We cannot hope to meet your expectations unless we understand precisely the risks that are inherent in your business and what you want to achieve with your financial war chest. We will work with you and your professional financial advisors to fully grasp your requirements, objectives and strategy. We don't proceed until we're all on the same page.

Captive Formation
Now we get to work. Using what we have discovered about your business and the strategy and requirements we have agreed on, we start forming your captive. We make sure we hit every requirement, need and objective and make sure they become part of the captive. We interface with domicile insurance department regulators to make certain your captive is in compliance with all applicable laws and rulings and puts you in a position of security and financial strength.

Captive Maintenance
Montera takes care of all the underwriting, claims, accounting and compliance issues related to your captive. We'll consult with your professional financial advisors to develop an appropriate investment strategy for your captive's financial reserves. We provide you with periodic financial statements and arrange for an annual independent audit by a qualified CPA firm. And we'll stay in touch to answer all your questions and refine your risk management strategy as necessary.