Risk Assure Group Experts in Insurance Placement, Risk Management, Risk Financing and Related Underwriting Solutions

    HOUSTON, TX, January 30, 2009 /24-7PressRelease/ -- The financial backers have initially committed in excess of Euro 1billion of funds for deployment. Our financiers are supported by international legal, fiscal, accounting, actuarial and business consultants. This approach gives you full confidence in our facility and demonstrates our commitment to providing a professional and compliant solution.

What do we offer?

We will offer you a cash purchase of your Captive or Risk Retention Group in run-off via a fiscally efficient structured transaction. The benefits of our solution include:

Disposal of ongoing reporting and management burden
Providing FINALITY
Professional rapid settlement of outstanding claims via commutation
Tied up solvency capital released
Extraction of rolled-up profits in a fiscally efficient manner

What will our process ensure?

Joint Venture (50:50 sharing) approach to equally benefit from the fiscal savings achieved for you as the ultimate owner of the present Captive/RRG
Assets and liabilities of the Captive/RRG will be taken over
We will individually tailor the sale to us of your Captive/RRG in run-off in the most efficient manner for you
Optional on or off-balance sheet reporting
Full SOX, fiscal, regulatory, governance and accounting compliance
Our prime focus is to provide you with FINALITY, linked to a purchase structure that provides fiscal efficiencies in relation to accumulated profits that is reflected in the cash price we can pay you.

What type of deals are we looking for?

First party underwriting activities
Min $50m transaction value
Any onshore or offshore domicile

What next?

Strict confidentiality and initial exclusivity
Understanding the existing Captive/RRG ownership structure and fiscal issues
Disclosure of business risks and finances
You and our tax advisors confirming your tax saving amount
Your signing of a binding commitment letter
Commencement of due diligence
Financial closure and settlement

Ian Gerrard, CEO of Risk Assure Group remarked, "This is a strategic development for Risk Assure Group and key solution for businesses who wish to release locked-up capital and profits in their Captive or RRG structures." It provides finality to their existing risk structure, immediate cash receipt - all accomplished in a fiscally and mutually beneficial professional structure.

About Risk Assure Group

Risk Assure Group are experts in insurance placement, risk management, risk financing solutions, service and warranty contracts and is headquartered in Houston, Texas. We also provide insurance placement solutions through international insurers, reinsurers and Lloyds of London in addition to captive, RRG and alternative risk finance solutions.

For more information Contact Us NOW!

Source: Risk Assure Group
Website: http://www.riskassuregroup.com

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