Glenna Pamphile's Colleagues at Venture Captive Management
Glenna Pamphile's Contact Details
770-246-8535
Lawrenceville, Georgia
Venture Captive Management
Glenna Pamphile's Company Details
Providing ControlVenture Captive Management is a captive manager located in Atlanta, GA. We have several wholly owned captive managers locate in British and Domestic Venues. We offer an alternative to traditional insurance whereby we create an insurance company which your firm would own. We offer insurance coverage that is tailored to meet each client's specific needs. We cover most lines of insurance including: Workers Comp, General/Professional Liability, Health Benefits and Property.This self-insurance vehicle (called a Captive) offers your company three advantages over the traditional method of transferring risk: Control, Ownership & Profit.ControlOver claims process, premium amounts, and loss reservesOwnershipForming a captive is a real insurance company and turns a cost center into a profit center. ProfitCaptives only work if they make money. VCM captives average about 40% return on invested capital annually.Venture Captive Management, LLC (VCM), was created in 2002 to meet the demands of the North Carolina Association of Long Term Care Facilities in creating a stable insurance facility that members could depend on to continuously provide general and professional liability insurance. While creating the National Assisted Living Risk Retention Group, Inc., the founding members of VCM discovered that there was a strong need in the "middle market" business segment for alternative risk funding structures: risk retention groups, single parent captives, group captives, and "micro" captives meeting 831-b regulations. These structures are the most formalized structures for providing self-insurance—not just for general and professional liability but a myriad of exposures.Why We're DifferentThe result is a boutique captive insurance management firm dedicated to solving risk funding solutions to address clients' unique situations. These are client-centered solutions NOT Company-centered, "cookie-cutter" solutions.