CICS Services, LLC (CICS) has launched a reinsurance pool for property and casualty coverages. Knox Reinsurance Company Inc., referred to as Knox Re, is licensed and regulated by the North Carolina Department of Insurance.
Designed for small and mid-market businesses, Knox Re is a homogeneous pool that provides more predictable underwriting results with features designed to stabilize costs long term, simplify administrative processes and help participating businesses gain greater control of their insurance programs.
Knox Re is open to insureds from almost all industries and trade classes. Its portfolio approach allows for small and mid-market businesses to enter the captive market and replace commercial insurance coverage with A+ rated carriers at $250,000 of combined premium. Knox Re is now available to quote to qualified insureds.
CIC Services, LLC is a risk management and consulting firm specializing in the formation and operation of captive insurance companies for clients nationwide. It is authorized to manage captives in multiple domestic and international jurisdictions from its headquarters in Knoxville, Tenn.
Topics Reinsurance North Carolina Tennessee
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