Financial Regulatory Compliance

Captive/limited purpose companies are highly regulated structures. Venture Captive Management, LLC has the skill-set people and strategic partners in place to keep up with multi venue requirements - both domestically and internationally. Our people/partners are the leaders in the industry, who specialize in maintaining regulatory requirements under the following regulatory authorities:

• Homeland Security
• Department of Labor
• Health and Human Services
• Insurance Departments
• Internal Revenue Service
• Securities and Exchange Commission
• Financial Service Commission from Foreign Venues
• Banking and Investment requirements
• And other regulatory entities/departments

VCM takes pride in the team it has put together to keep up on the various regulations. One of its goals is to keep its clients compliant.

 

Risk Retention Group Financial Regulatory Compliance

Governed under Federal Law first developed in 1981 and amended in 1986, a Risk Retention Group allows a group of similar or related businesses to create an insurance company that would insure that group. The RRG company would be domiciled in one state and be governed by that state and federal law and can engage in business in any other state without additional licensing, subject to some restrictions. Insureds are owners of the company and since these insureds are in like businesses, they understand what needs to be done. VCM has hired and partnered with the experts in the industry to keep your Risk Retention Group compliant in meeting the following requirements:

• Federal and State filings
• NAIC filings
• Disclosure and documentation
• Proper Capital to Surplus
• And other industry specific requirements