• SPC’s offer flexible insurance programs that are customized for the participant’s own program
   

• The details of the program are contractually established
   

• The results for each program in the rent-a-captive are accounted for separately
  and protected from other participants
   

• Programs can be easily and quickly implemented

PROGRAM OPERATION
Each Program will be customized for the Participant. In general, a Participant will be provided a liability policy from an A rated insurance company. A certain portion of that coverage will then be reinsured to Four Points Re SPC, Ltd. The underwriting and results associated with that portion of the insurance program will inure to the Participant through its Participation Agreement with Four Points.

Participants enter into a contractual arrangement with Four Points via a Participation Agreement. After the Program's losses and expenses are paid or accounted for, Participants receive any underwriting profits related to their Program.

To avoid situations where premium payments are not adequate to cover the liability for losses and expenses, the Participant provides additional collateral, usually in the form of a Letter of Credit up to policy limits.