EATONTOWN, N.J., Nov. 16, 2018 /PRNewswire/ -- The Accident & Health Division of C&F announces the approval and launch of the Crum & Forster SPC, its Captive Facility in the Cayman Islands. It is the only AM Best A rated A&H Segregated Portfolio Company (SPC) Captive in the market. The Crum & Forster SPC Captive is part of Crum & Forster and will provide C&F with the ability to issue offshore insurance policies as well as facilitate reinsurance transactions for various clients including but not limited to policyholders, agents, and MGUs.
Gary McGeddy, the President of A&H said, "We are very excited about this new legal entity, and view it as a real opportunity to grow our business in the offshore insurance and alternative risk transfer market over the next several years and beyond. It will increase our competitive edge and provide unique risk solutions for existing clients and new partnerships."
SOURCE Crum & Forster