George Town, Grand Cayman, May 17, 2019 – USA Risk Group, a leading independent captive management firm, announced today that the senior management team has completed a management buyout from Spencer Capital Holdings. The buyout will include operations from all captive jurisdictions USA Risk Group currently operates in. The existing management team will remain in place to manage all current and new clients.
In the last two years, USA Risk Group has been honored with top awards in the industry presented by Captive Review, the leading source of news and analysis for the risk management and captive insurance communities. The risk management industry requires knowledge, experience and innovation in order to provide insurance solutions for businesses with needs that the standard market cannot meet. The selection of USA Risk Group as the winner in three categories proves we have the expertise to create solutions to these non-standard needs year-after-year.
Our own Adam Forstot was recently published in the January 2017 Captive Insurance Times. Read the article here or below.
A.M. Best Company Revises Outlook to Positive of National Independent Truckers Insurance Company, A RRG
Oldwick, NJ - August 17, 2016 - A.M. Best has revised the outlooks to positive from stable and affirmed the financial strength rating of B+ (Good) and the issuer credit rating of "bbb-" of National Independent Truckers Insurance Company, A RRG (NITIC) (Charleston, SC).