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Intro To Roundstone


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Roundstone Management Services

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Intro To Roundstone

  1. 1. 1
  2. 2. Who is Roundstone? An independent insurance organization focused on  developing captive and alternative risk products.  We offer agencies, associations, and insureds an  unbundled services approach.  Roundstone invests capital in its programs next to  our agency and carrier partners and manages the  captive facilities via a centralized and experienced staff. 2
  3. 3. Roundstone Services Program Development Captive Management Insurance/Risk Capital  3
  4. 4. The Roundstone Difference In‐house services  • Accounting (GAAP & Statutory) • Legal / Regulatory • Loss forecasting • Investment Management Capital investment in captive facilities  Support programs through reinsurance commitment Onshore & Offshore ‐ P&C and A&H expertise Independent & Objective Captive Partner Attention to Details • Collateral Requirements        • Release of Collateral Provisions • Ceding Commission Calculations       • Excess Reinsurance Rates • Commutation Rights 4
  5. 5. Roundstone Personnel Insurance professionals with an average of 20 years  experience in accounting, law, marketing, actuarial  science, and insurance management. Alumni from large insurance organizations like AFG  and Progressive to single state insurers and national  service provider firms like Ernst & Young. 5
  6. 6. Roundstone Insurance, Ltd. Actively managed by its owner, Michael Schroeder Licensed in 2003 Domiciled in Bermuda U.S. Taxpayer Reinsures fronting carrier  Issues policies directly to insureds  Segregated Account Company Preference Share issued to captive participants 6
  7. 7. Support Services Multiple fronting carriers Coordinated claims/loss prevention services Reinsurance support In‐house claims management services Broad distribution capability PG formation and management 7
  8. 8. Types of Programs Single Parent Agency Captive Group Captives •  Homogeneous •  Heterogeneous 8
  9. 9. Why Roundstone? Your alternative risk experts Ready and available captive facilities Creative problem solvers Active management by owners Centralized, experienced administration Independent, objective business partners 9
  10. 10. Contact Roundstone Management, Ltd. Co. 826 Westpoint Parkway Suite 1250 Westlake, Ohio 44145  440‐617‐0333 10