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7850 Collin McKinney Pkwy, Mckinney, Suite 103 TEXAS 75070

Open Hours

9:00 A.M - 5:00 P.M CST



As risk planning and risk management experts, we provide comprehensive and customized services. These include consultation assessment, insurance, policy, underwriting, pricing claim processing, and captive regulatory and tax compliance.

Our primary objective is to understand your risk tolerance, business strategy and risk enterprise as a whole, so we may advise you on the alternatives that best match your profile.

More details on our range of services.


Risk management services are customized for each client. CRP spends considerable time getting to know our clients’ companies, their affiliated entities, structure, revenue, specific exposures, contract risks, risk tolerance and more.

Once we identify, define and quantify risk/exposures, we decide which risks/exposures will be retained, which will be transferred and which will be avoided.

Once we finish this step, we design the appropriate risk transfer mechanisms. These consist of coverage, limits, deductibles, and captives. We partner with our clients to direct the process together to achieve their risk management goals.


Each client’s needs vary based on that client’s own risks, exposures and risk tolerance. A feasibility study can assess a client’s risk profile, including past loss history and suggest alternative risk management structures unique to a particular business.

CRP’s experienced alternative risk professionals have access to multiple partners, including “A” rated primary insurance companies, reinsurance companies, and third-party claim administrators dedicated to each client’s specific goals.

CRP’s goal is simple: Design an alternative risk program that includes the accumulation of surplus, creates risk management as a profit center and promotes an accumulation of assets through investments.

These are the available alternative solutions and products, including:

  • Single Parent Captives
  • Incorporated Cell Captives
  • Group Captives
  • Risk Retention Groups
  • Loss Portfolio Transfers
  • Self-Insurance
  • Large Deductible Aggregates or Excess of Loss Deductibles
The possible benefits of tailored alternative risk initiatives include:
  • Stabilizing insurance costs
  • Increasing cash flow
  • Creating a profit center
  • Accessing the reinsurance market
  • Creating an alternative to traditional risk transfer products
  • Transferring risk to entities/individuals
  • Capturing underwriting profits

After reviewing a client’s risk profile, current insurance policies and cost, we will suggest alternative risk management program that is suitable and start a CFS.

We will determine the formation and viability of a captive specific to the business as per our evaluation of the insured and uninsured risks. The CFS is completed by an actuary to determine premium and capital needs associated with the risks.

We then work out the inclusion of serious risks that are not covered currently because a client may have decided not to buy it or the insurer didn’t approve them. A CFS includes a comprehensive business risk assessment, strategic risk management plan, best captive structure and best asset management strategy. Most important, a CFS will suggest a suitable exit strategy.


After completion of the CFS, CRP will choose the appropriate domicile for the client’s insurance company.

Captives are licensed in many jurisdictions. In the last 10 years, 30 different states in the United States allow captives. Some have only a few captives, and others, such as Utah, Vermont and Delaware have more than 300 captives each. Texas started allowing captives in 2013. Currently all our captives are domiciled at North Carolina.


After we finish all above steps and determine the appropriate domicile for you, we form your captive. We set up the business structure (corporation, LLC, etc.) for the captive and submit the application to the appropriate regulatory authorities.

Upon approval of application, we provide guidance on bank accounts and other related activities needed to start the captive insurance program.


We tailor our management services to your needs. We will manage an office for the client in the chosen domicile, arrange meetings with a board of directors and stake holders.

If needed, we will appoint official staff for the captive, but remain as a contractor. We coordinate on your behalf with insurance consultants, tax and legal experts, auditors and all government regulators.

We carry out all activities of the captive, from regular updates on the captive’s performance to filing all regulatory and tax forms to prompt claims handling. Our services meet the best industry standards. We take care of all issues on a timely basis.


As a part of management services, we advise on all regulations and regulatory compliance issues so you are well informed.

CRP prepares documents required by the domicile and files legally required reports. We handle all queries and respond to correspondence from regulators.

Premium Financing

Premium financing involves the lending of funds to a person or company to cover the cost of an insurance premium. Premium finance loans are often provided by third party finance entity known as a premium financing company; however insurance companies and brokerages occasionally provide premium financing services through premium finance platforms.