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Assurex Global
Assurex Global, the world’s largest privately held risk management and commercial insurance brokerage group, offers Alternative Risk Solutions through Assurex Global Reinsurance, Ltd., a captive insurance company. A captive is an insurer formed by a corporation to insure the risks of the owner and/or closely related third parties.
Assurex Global is one of a newer breed of entities that allows for multiple captives, which are segregated cells for insuring heterogeneous or industry-specific groups. The initial cell, formed in 1993, is focused on heterogeneous corporate clients. The second cell, formed in 2004, is focused on the Construction industry. Future cells are expected to address more difficult commercial classes, such as Medical Malpractice, Assisted Living, California Workers' Compensation and Small Commercial Accounts.
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